Hey everyone!
Firstly thanks for all the replies and valuable insight! I really appreciate it...
In the end I decided to go alone rather, as has been strongly mentioned in this thread it had to be that way!
RacingAz - I wasn't the one in the partnership displaying the naivety as I was...
Ok after chatting throughout today and throwing around ideas we haven't really gotten anywhere.
He says he will do 50% of the work in the evenings and on weekends. I can't see this being possible and even if it was it would delay project times somewhat.
However, if this was the case and the...
See his thinking is he has more contacts than I and will bring in more work. My skill-set in terms of the actual work is stronger than his. So those are our different standpoints. I am asking for more fee allocation to the work/labour portion of a project and he is set on keeping it as he has...
rowingengineer : I'm not averse to the idea of the finders fee in general but think there should be a time limit to it so that it functions as incentive to get the company up and running and then falls away once things are ticking.
On a side note. What if the finders fee was to be dropped out...
Thanks for both of your replies. fasboater I am able to make the finders fee as well. Its just with our situation I see the finders fee a little more geared to support my partner as he won't be able to commit as much to the work portion.
So in combining your responses a possible 'best' way...
Thanks for the reply casseopeia.
You see we're currently figuring out how to structure things financially taking into account our differing situations. We are both in agreement that whatever we decide on will be in force for 6-12months so that adjustments can be made as things progress.
I'm...
Hi all,
I've searched for information regarding a partnership and finders fees being applied to work brought in by either partner.
I found and have read this thread -
http://www.eng-tips.com/viewthread.cfm?qid=260385
My situation is slightly different so would like your opinions on this...