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Guys, need your help in bus dev question

Discussion in 'General Business' started by Jul, Aug 5, 2012.

0
  1. #1
    I have a 2 years website, in which I invested a $$$$ bucks.
    During the last year I have pretty much abandoned it as I didn't have time for it.
    Now, someone got interested to partner up and make it profitable again.

    Need creative ideas for the venture deal structure.

    I can't split 50/50 as I've been investing in this business for 2 years, not to mention a 6 months full time work I put into it.
    Further more, the guy is not going to invest in the future also, as he has complicated financial issues.
    This is another reason why I prefer not to have a partners agreement.
    So, financial risks are exclusively on me.

    The actual work we're going to split 50/50 from now on.

    How would you do it?
    What kind of a deal would you offer your partner?

    Please share your ideas no matter how crazy they sound; I really need your help here.
     
    Jul, Aug 5, 2012 IP