...should my team get? Let say I have a business idea and I need a team to develop this idea. My team will be doing most of the work since they have the skills.
I will pay everything and bring out all the money needed to start this business. The catch is, I know most of them would do it for the share of profit and maybe *finger cross* I can find some who truly is dedicated to this business for its concept.
How much profit should I be taking and sharing. I read some people share 5%?...What is usually the average?
Thanks
I will pay everything and bring out all the money needed to start this business. The catch is, I know most of them would do it for the share of profit and maybe *finger cross* I can find some who truly is dedicated to this business for its concept.
How much profit should I be taking and sharing. I read some people share 5%?...What is usually the average?
Thanks