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Starting a business has risks. All the planning, experience and knowledge in the world can't assure that your business will prosper. Sometimes plan bad luck steps in and the business fails. That is a...

No, you since you would own 10%, if the company were to go under due you would be responsible for 10% of the debt.

Why is the company all of a sudden in debt? I dont think anyone goes into...

Never be a minority partner. In this case you would end up with 10% of the financial risk with zero say in how the company is ran. Instead, work out a commission rate that include commission on...

Hi! Quick question... as minority partner in a company, how do you prevent yourself from simply being "fired" or dissolved?

The reason? I dont like to work on commission (as they first proposed)...

Well I am very analytical and I am a big numbers guy (as u could prob tell already) so it prob wasnt too random, but it was a pleasant surprise because I am not the most experienced by the book...

Ha, no, I am not so pretentious and full of an inferiority complex I need to fudge things to make myself look better or anything like that... I just thought of everything I could to sway the number...

This is what I sent:

All figures below are based on the average hourly rate for the following expertise:

Web/graphic Design: $50/hr
(my standard rate for all computer related work)
...

Ya, I am going to go with the amount of monetary value each party submits every month and then adjust with some other intangibles there. I'll post it when I do it and then let u know what happens. ...

Ya, I was just throwing that personal equipment stuff out there, but I agree that should be out of the picture...

Kind of a big development... I just talked with the other person and he tells me...

Hey guys... thanks, that dollar value system really is nice, puts a lot of uncertainty out the window and also I can show the owner some actual facts and figures so he should appreciate that. One...

Thanks guys! Well I have a vague idea of what to do, but before that I have some critical questions points and hopefully this will clear things up for me:

1. In my situation, how much value does...

I wouldn't work for commissions on net profits. What if you don't have any net profits? What if you have net losses? Then you don't have any commissions. Thats why commissions are paid on gross...

You say that your commission will be on net profits - how is the net profit being figured? What expenses are being paid to figure out what the profit is to determine what you get paid? One reason...

How much would you pay or do you expect for referral fees?

I think it deals with some of your concerns.

To me this is one of those questions with an "it depends" answer. Typically commissions...

Hi all... question here for any of you who are experienced in sales and marketing in the internet world, based on commissions.

I need to know the age old question of "What is a Fair Commission...