How should our partnership split profits?
My husband and I, along with my brother in law, are forming a partnership. My brother in law is contributing half of the start up capital and my husband and I are contributing the other half. We will all be doing equal amounts of work for the business. How should we split our profits? I know it's up to us, but I'm looking for other opinions. thanks!11 months ago - 1 answers
This will be problematic from the start - but I would say brother gets 50% and you each get 25%.
However, you need someone that can split a vote - otherwise, there will be backlash,