View Full Version : Husband wants to start a business with me but he wants 60% and me 40%. Is this fair?
curiouscase2
Oct 9, 2010, 12:56 AM
My husband wants to start a business with me where we would both be working equally. He wants 60% control and me 40%. I don't feel it's an equal partnership with this type of split. I told him he could have 51% and be the one in control and me with 49% would just make me feel more important and motivated to do well. What do you think? Should I do it?
hkstroud
Oct 9, 2010, 02:00 AM
Why not 50/50?
With 51% he still has 100% control.
If you agree to do equal work, make equal contributions you should be equally compensated and have equal control.
Stringer
Oct 9, 2010, 10:52 AM
If he has 60% and you have 40% or even if you have 49%... you are just an employee (period). Anything less than an equal ownership (even 1% less) puts you in this situation, he has total control.
Stringer