Say I had a business idea to sell t-shirts, but wanted to involve my artistic friend and use her artwork/designs on my shirts. How would we split the profits? What is fair?
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18-03-2012 18:47 #1
How to spli profits with (business) partners...?
18-03-2012 20:09 #2Senior Member
- Join Date
- Jun 2010
- Sunshine North
I think it depends on what the labour allocation is. Will you be making the shirts, or buying them? How will the designs be applied? Will you both be outlaying the same amount to begin with? Will you both have the same risk.
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