116 reputation
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location Sydney, Australia
age
visits member for 2 years
seen Jan 27 '12 at 0:26
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May
15
comment Gross profit royalties vs non-voting equity
Yes I get independent auditing (twice yearly). We manufacture hardware, hence why its gross profit. If we sell the widget for $500 and it costs us $250 to make in the factory, they only pay me % of the $250 gross profit. The arrangement is explicitly minus their labour costs.
May
15
awarded  Student
May
15
awarded  Editor
May
15
revised Gross profit royalties vs non-voting equity
added more details on current royalty agreement; deleted 5 characters in body
May
15
awarded  Supporter
May
15
asked Gross profit royalties vs non-voting equity