hitmeasap
Level X5
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Freelancers,
I have a question for you and I would appreciate your answers, thoughts and your input on this. But before I ask you the question I'll have to explain the scenario.
In the real scenario we're talking about business online, but I'll use an offline store in this example as it's easier to describe this that way.
So, let's say you own a local shop. You will take orders and work at the counter. You handle all the orders and all the clients. You are person A. In the back, you'll have another person working. This is person B. Person A (you) will tell your partner (person B) what the orders is all about and person B will do the work. Person B doesn't pay rent or anything like that, so he literally just work and earns money meanwhile person A will have to handle all the orders, talk to customers and he's also the person who runs this business and he has established himself and the shop for years..
Without person A, person B wouldn't be able to work.. But without person B, person A wouldn't be able to earn money from that specific service or product.
How would you split the money?
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FROM members_ledger
WHERE
ip = ? AND added>=unix_timestamp(NOW())-86400 | /opt/clerks-staging/docroot/include/functions/includes/security.php 398 fetchMemberLedger() include_once() |
| SELECT * FROM `questions` as q JOIN categories_faq as c ON q.catid=c.CATID WHERE (q.status=1 OR (q.status=2 AND userid='') ) AND q.quesid='20367' | 1 | SELECT q.*, c.seo as CatSEO, c.name as CatName, c.parentid
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| SELECT * FROM ratings_faqanswers as r, seoclerks.members as m WHERE r.USERID=m.USERID AND r.upvote=1 AND r.PID=111233 LIMIT 5 | 1 | SELECT m.username FROM
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| SELECT * FROM ratings_faqanswers as r, seoclerks.members as m WHERE r.USERID=m.USERID AND r.upvote=1 AND r.PID=110961 LIMIT 5 | 1 | SELECT m.username FROM
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| SELECT * FROM ratings_faqanswers as r, seoclerks.members as m WHERE r.USERID=m.USERID AND r.upvote=1 AND r.PID=136777 LIMIT 5 | 1 | SELECT m.username FROM
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LIMIT 5 | /opt/clerks-staging/docroot/include/functions/main.php 17159 GetVoters() () |
| SELECT * FROM ratings_faqanswers as r, seoclerks.members as m WHERE r.USERID=m.USERID AND r.upvote=1 AND r.PID=143717 LIMIT 5 | 1 | SELECT m.username FROM
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LIMIT 5 | /opt/clerks-staging/docroot/include/functions/main.php 17159 GetVoters() () |
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| SELECT * FROM questions WHERE quesid!='20367' AND status='1' AND (question like '%Partnership 50/50 split. split this? fair?%' OR question like '%Partnership%' OR question like '%50/50%' OR question like '%split.%' OR question like '%split%' OR question like '%this?%' OR question like '%fair?%') -- ORDER BY RAND() LIMIT 15 | 1 | SELECT quesid, question, seo, userid
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AND added>=UNIX_TIMESTAMP(NOW())-1200
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TommyCarey
If you do a 49/51 split and the original owner has the 51% then that gives them control on the final answers to anything that is wanting to be done for the company. Usually this doesn't come into play because the original owner will listen to the secondary owner and what he/she has to day.
The 49/51 split will really only come into play if you made a mistake and your new business partner actually is not doing anything.
I've actually had a good business plan and I was an investor as well as a partner in the company. There were 4 of us so we split the company 4 ways evenly at 25/25/25/25 This was great because we all were doing equal amounts of work. One guy would be out there marketing to businesses and home owners to try and get them turned into clients. One guy focused on the business side and kept us all legal and stuff. Another guy focused on designs for our shirts, pants and shorts as well as talked to decision makers at corporations to see if we could get on their racks. And I focused on anything that related to the website and hosting.
After about 2 months we started seeing random charges on the business card. We figured out it was our friend who was the "CEO" and he was bringing out girls on dates to impress them. And I'm not talking about $50 dinners, he was dropping $150 to $300 at a time to buy these girls fancy sushi lol. He only had the title of CEO and he didn't have any real power over us because we all owned the same amount of stock. In all reality, me and my partner who invested were predominant holders because we controlled the money.
After we found out this was happening, we quickly dissolved the business and cut ties with the "CEO". Now with any business I go in to, I opt for the 51% because I know I'm going to be putting a ton of work in. If it's my idea then I'm definitely getting at least 51% lol. Doing a 50/50 split is never really a good idea because if the two owners have a falling out, they both own equal stock. If you do a 49/51 split and the original owner has the 51% then that gives them control on the final answers to anything that is wanting to be done for the company. Usually this doesn't come into play because the original owner will listen to the secondary owner and what he/she has to day. The 49/51 split will really only come into play if you made a mistake and your new business partner actually is not doing anything. I've actually had a good business plan and I was an investor as well as a partner in the company. There were 4 of us so we split the company 4 ways evenly at 25/25/25/25 This was great because we all were doing equal amounts of work. One guy would be out there marketing to businesses and home owners to try and get them turned into clients. One guy focused on the business side and kept us all legal and stuff. Another guy focused on designs for our shirts, pants and shorts as well as talked to decision makers at corporations to see if we could get on their racks. And I focused on anything that related to the website and hosting. After about 2 months we started seeing random charges on the business card. We figured out it was our friend who was the "CEO" and he was bringing out girls on dates to impress them. And I'm not talking about $50 dinners, he was dropping $150 to $300 at a time to buy these girls fancy sushi lol. He only had the title of CEO and he didn't have any real power over us because we all owned the same amount of stock. In all reality, me and my partner who invested were predominant holders because we controlled the money. After we found out this was happening, we quickly dissolved the business and cut ties with the "CEO". Now with any business I go in to, I opt for the 51% because I know I'm going to be putting a ton of work in. If it's my idea then I'm definitely getting at least 51% lol.
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