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Old May 12th, 2008 -   #23 (permalink)
freebird1963
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You can call me: Mark
Member Since: Jan 2007
Location: Spring Hill, Florida
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Default Re: Contracts!!! All I want is to be FAIR no more no LESS

SS
No problem. If I knew everything I wouldn't have to get up every morning and go to work !

Just to clarify tho on your original post you wrote :

Equity Details:

Capital: 100% Mine (at this point)

Sweat Equity (up to this point):
· 85% ME
· 5% “A”
· 5% “B”
· 5% “C”
So 15 to 30 would make a difference.
Plus for me my last partner and I got along great so probably more biased towards a partner. When I first opened my business it was just me and if I wanted to go away I either had to close down or trust a hourly employee to run the store. When I got the partner I felt much better about going away. And this was in the computer/Internet technology field.
Artist might be a different breed of person to deal with.
Its been a good discussion topic t

Good Luck
Mark
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