Well after crunching some more number this is what I came up with.
If I pay him 30% commision of the actual profit (after all expenses), then I will make 36% of the actual profit (after all expenses). So I would make 36% for doing nothing but owning the business. Sounds like it could be a bit too much. What do you think? What % do you think would be fair in this situation.
This is bottom line every expense paid, employees, insurance, stc. the company needing to make 50,000a yr. minimum. Any profit over $50k, there will be an extra 10%.. which can be turned into a bonus, or whatever.
Last edited by Trick440; 09/30/07 09:16 PM.
