4 ms·
We split ownership 50/50, and agreed that there would be a rate of interest on documented unbalanced cash investments, and costs + similar accruing rate of inte
by hessenwolf 16y ago
We split ownership 50/50, and agreed that there would be a rate of interest on documented unbalanced cash investments, and costs + similar accruing rate of interest for labour (coding, marketing, accounting, etc...).
The payments for investment and labour + interest sit senior to any dividend payments, so owning 50/50 only affects voting rights until the cost of what has been put in is paid off.
It turned out the work + cash was pretty equal, so the issue didn't come up.