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Jun 14th, 2007, 08:26 PM
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#1 |
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Junior Member
Last Online:
Jun 14th, 2007 09:18 PM Join Date: Jun 2007
Posts: 3
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My Partner
I am starting up Big Cats Party Club and I want to get a partner. I have a guy I already pitched the idea to. I am writing the business plan. How should I file for legalization of my company? Do I do Sole Propriorship and tell him he will be my VP? Do I tell him - Hey let's go in 50/50? Then how do I file? What if I want to offer him 40% of the company from the start?
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Jun 18th, 2007, 05:42 PM
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#2 |
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Top Level Member
Last Online:
Nov 30th, 2008 01:12 PM Join Date: May 2007
Posts: 693
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Re: My Partner
That is purely what you two agree; there is no one model for that.
50/50 may be fine at least to start-- |
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