Rich asked:
Looking at starting a small landscape supply yard. I have my funding ready in the bank. He is still working on his cash but should have it soon. He has been in the industry as a Yard manager for 5 years. I have 10 years in construction equipment management. He has already found a property, found suppliers and has contacts with existing contractors in the area. His ideas shows us as 50/50 in cash investments but 60/40 in profit sharing. he feels his idea, his leg work so far should give him to a bigger % of the potential profits. I agree it has some value but not a year after year bigger slice of the pie. Any of you have any suggestions for me.
Theodore
Looking at starting a small landscape supply yard. I have my funding ready in the bank. He is still working on his cash but should have it soon. He has been in the industry as a Yard manager for 5 years. I have 10 years in construction equipment management. He has already found a property, found suppliers and has contacts with existing contractors in the area. His ideas shows us as 50/50 in cash investments but 60/40 in profit sharing. he feels his idea, his leg work so far should give him to a bigger % of the potential profits. I agree it has some value but not a year after year bigger slice of the pie. Any of you have any suggestions for me.
Theodore
