I have two questions about partnership. If I get a partner that has experience in the business world and the industry and little or no cash maybe $15k-10k, for a new service I’m starting up. What equity is fair? I think 5% is ok.
More Information I want to remain a silent partner I will still run it I just don’t want to be publically known as the owner. So that’s it 10-15k, business expertise, experienced and skilled in the sales/negotiation department, and he represents the company should it need to be represented publicly if I decide to sell it or take it public at a later date.