Hello, I have a successfull site (up to $130 daily), and I have potential buyer or possibility to partner (50/50%). Now, I'm wondering how to be safe when partnering, domain can only be registered in one person, can't be splitted ownership? Any suggestion?
Become a company and file papers, then issue the stock 50/50 then put the name under the company with one of you as the admin. However there is a more important leasson for you here if you do not mind. With any partnership such as Logic is in now we a were friends since 8 years old have been friend for 34 years in business 15 years all been great and all looking even better for us both. The key here is to have a strong relationship between one another then build it into something business wise.
File paperwork for incorporating your company. Issues a certain amount of shares and divide it among yourselves evenly (or how you see fit). If you are already incorporated, you will need to have your company "Fair market valued" by your CPA. The new partner would then have to "buy" into your company to obtain shares. Make sure you speak with legal counsel and have a document drawn up and signed by both parties describing your work roles and financial contributions.
Become a company and file papers, then issue the stock 50/50 then put the name under the company with one of you as the admin. However there is a more important leasson for you here if you do not mind.
I would never go for partnership in online businesses... We are all humans and we never know how long can we go..