Since I run my company solo. I am the boss, CEO, manager, and everything else. Since I hired a new guy. My friend we have made twice as much as I though we would. Should I have more power then him. What should I say or do.
Since I run my company solo. I am the boss, CEO, manager, and everything else. Since I hired a new guy. My friend we have made twice as much as I though we would. Should I have more power then him. What should I say or do.
I did the same thing when i started ....I opened my shop on my own and did it all by myself then i hired my dad to be partners as he taught me allot when i was plus he was a millwright for 43 years ....I knew allot about gearboxes,chains,sprockets and all that stuff ...we were equal ....Then he retired this summer hes 73 now and needs to relax ..so i hired my buddy hes good and learns fast but i am his boss and i make all the dissensions when it comes to the shop and the work
Since I run my company solo. I am the boss, CEO, manager, and everything else. Since I hired a new guy. My friend we have made twice as much as I though we would. Should I have more power then him. What should I say or do.
What is he bringing to the table? Is he just providing his labor or is he bringing equipment with him?if he is just bringing a warm body to be a helper then I would just continue with whatever agreement you have been working under, but If he is supplying equipment then maybe I would pay him more but not make him equal partners since you have done most of the leg work to get this company started. It is to be expected for your business to grow when adding employees so that part is just apart of the process. Remember partnerships can be dangerous especially if formed from friends or family. If you decide to go with a partnership a new agreement should be put in writing to indicate who plays what roll and of course how the expenses will be divided and there are many other things that you can do if or when your company gets larger.
Since I run my company solo. I am the boss, CEO, manager, and everything else. Since I hired a new guy. My friend we have made twice as much as I though we would. Should I have more power then him. What should I say or do.
You said in the "How Much to Charge?" thread that you don't own a mower, just a blower. Is your friend the one who supplies the mower? If so I think he should get some say since it's his. If you want to be in charge more maybe purchase your own mower.
Since I run my company solo. I am the boss, CEO, manager, and everything else. Since I hired a new guy. My friend we have made twice as much as I though we would. Should I have more power then him. What should I say or do.
You said in another thread I'll I'm doing is making some extra cash. In a small town everyone says that the work looks great. I don't have multiple employes just me and me friend. Next year I will raise my prices up, so my question is do you have a legit business, licensed / etc or is this something your doing like on weekends making some extra cash?
#6
dude
I own ALL of my own stuff. Blower, mower, weed eater.
I saw in another thread that you are 15 and as of four days ago you didn't own a mower. I don't see how since you can't drive and with school during the day how you are doing enough business to need a partner. Much less form a partnership. It just seems like you're doing work on the weekends for neighbors not running business with the needs of a partnership.
I saw in another thread that you are 15 and as of four days ago you didn't own a mower. I don't see how since you can't drive and with school during the day how you are doing enough business to need a partner. Much less form a partnership. It just seems like you're doing work on the weekends for neighbors not running business with the needs of a partnership.
Yeah said he live in a small town and was talking about his pricing structure and that he had 5 clients I believe, so I'm like you I don't understand the need for a partnership unless that's the way the mowing is getting done and there's nothing wrong with that for a couple of 15yr old kids to pick up a little spending money.
