WEll, there were several negotiations etc. and initial client meetings. Things like agreements, client meetings, liasing with clients etc. and selecting partners for the job we did together more or less equally.
The shares is in the company as a whole. There is currently no capital that needs to be provided to get this first project off the ground as there is an advance payment that should more or less cover expenses. We've already signed everything re: the company directors, we are both directors on the company's incorporation records.It's just the shares that need to be worked out at this point. On 10/15/05, Jeffry Houser <[EMAIL PROTECTED]> wrote: > There are too many variables to tell, but I doubt you deserve 80% of the > shares in the company for bringing in the first client. > > What did each one of you bring to the business? What was your > pre-arranged agreement? When you say "shares" are you talking about profit > from this specific job? Or equity in the company? Generally, I would > decide equity stake of each partner before going into business with anyone. > > For example, If he has been supporting you for first 6 months while you > wrote a business plan and started the sales and marketing, maybe he should > have the higher stake? ( Since he brought in capital, while you brought in > experience). > > Maybe you brought in the experience and the equity. If so, whey did you > get a partner at all? You should have just hire a general manager flat out. > > Since we're speaking hypothetically, there are some thoughts. > > As an aside, I've never worked with a [small] company that had company > cars. Maybe as a start-up you want to use your personal cars and reimburse > yourself for the mileage. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Get the mailserver that powers this list at http://www.houseoffusion.com/banners/view.cfm?bannerid=17 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:177139 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
