Business partnership

bizzyb

This is just out of curiosity not a real life situation for me, but if someone looked for a business partner not for money but just there time and skills how much equity of there buusiness should the give.

Peterdalkey

Your question is a how long is a piece of string type puzzler !! One would need a lot more information to make any suggestions.
Are you looking for a mentor, a business advisor or a sweat equity partner?
Would they be paid for their work, though not pay for their shares?
Have you put your own money into the venture and how much?
Why would they do it?, put yourself in their shoes to come up with a sensible proposal that would be attractive to you.

macca8

Hi,
When involved in a business partnership (owners of a building) - is there a requirement to hold an AGM.
If so, is there a requirement for notification for same (i.e. 21 days for a PLC AGM).
Look forward to hearing back from someone!!

Alan Shore

Partnership or co owners of a property?

A partnership should have a partnership agreement which sets out the rules.

Co owners of a property will normally not have any formal agreement.

Neither are covered by company law like limited companies.