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    curiouscase2's Avatar
    curiouscase2 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Oct 9, 2010, 12:56 AM
    Husband wants to start a business with me but he wants 60% and me 40%. Is this fair?
    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's Avatar
    hkstroud Posts: 11,929, Reputation: 899
    Home Improvement & Construction Expert
    		  
    #2

    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's Avatar
    Stringer Posts: 3,733, Reputation: 770
    Business Expert
    		  
    #3

    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
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