My wife and I are starting a restaurant and bar seach website for our city. Developing the web site would cost about 8-10k.
We got a partnership offer from a computer company. They would pay and take care of all the technology aspects. We worked about 100 hours on gathering the information and we will meet clients so that they become members on the site and get priority placement on the searches. We should make about 4-8k 1st year then 15-20k a year going forward.
I was wondering what percentage of the profits should the computer company get.