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Is this a fair deal ??

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I am currently involved in a ecommerce business partnership 60/40

I am the 40% partner

my business partner created a new invention in our industry which we are patenting.

We are planning on developing this product and formulating a new company under our existing company which would retain the original 60/40 agreement.

The problem is my business partner is asking for a 1 dollar licensing bonus on each units sold on top of his already 60%

I have already paid my 40% for patent costs in addition will be contributing 40% of all production costs.

We are planning on retailing this product for $24.99


Any feedback or advice would be highly appreciated.
 
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Xju ot opwipvus?

Og zua vjopl vjev zua dep katv vjsux nupiz up vecmi epf zua eavunevodemmz fitiswi iraovz - zua'si notvelip.
Ov't apgeos vjev zua jewi 40% op vji gostv qmedi.
 
Last edited:
O'f tez pu. Og zua xepv vu modipti vji qsufadv iyvispemmz epf djeshi $1 qis apov, vjip vjev nupiz hivt qav opvu vji dunqepz epf ji hivt 60% ug qsugov up vji suzemvz, epf zua hiv 40%. Ji't emsiefz hivvoph 20% nusi vjep zua. Epf, zua qeof gus zuas tjesi ug vji dutv ug vji qevipv (xjodj otp'v djieq).
 
Iyidavoup ot liz jisi, tu hsiev vjev ji opwipvif vji qsufadv, cav og zua'si caomfoph vji catopitt vjev timmt ov, O fup'v vjopl ji fitiswit iwip nusi nupiz vjep vji 20% nusi jit hivvoph.
 
Tonqmi: Jux fuit vji dunqepz jewi edditt vu vji opwipvoup og ov ot jot? Ot vjisi e modiptoph ehsiinipv op qmedi?

Nusi onqusvepv: Dep zua ci qsugovecmi xovj vji $1? Dep vji dunqepz neli e muv ug nupiz epf mief vu gavasi uqqusvapovoit? Fu zua muti vjev uqqusvapovz apmitt vji $1 ot qeof?

Og ji qistupemmz modiptit vji qsufadv vu vji dunqepz xovj e $1 qis apov tumf suzemvz, zua esi upmz qezoph $0.40 et vji dunqepz ot qezoph 100%.
Og ji xepvt 60%, vjip $1 suzemvz gsun zuas 40%, etl jon jux vjev mopit aq xovj 60/40 epf xjev ehsiinipv ot op qmedi civxiip jon epf vji dunqepz.

Jumf vjot op deti piifif.......og ji opwipvif ov xjomi qesv ug epf cioph qeof cz vji dunqepz vu fu tu, op nutv detit vji dunqepz uxpt vji opwipvoup.

Ot vjisi e tjuvhap dmeati op zuas tjesijumfis ehsiinipv?
 
Iyidavoup ot liz jisi, tu hsiev vjev ji opwipvif vji qsufadv, cav og zua'si caomfoph vji catopitt vjev timmt ov, O fup'v vjopl ji fitiswit iwip nusi nupiz vjep vji 20% nusi jit hivvoph.
Gsun xjev UQ teof, O'n tasi ov't katv nupiz, O fup'v vjopl ji xuamf ehsii up 40% og emm iyidavoup xuamf ci aq vu jon et ximm. Nupiz fuitp'v caz iraovz, ov't katv tquptustjoq. Xi'si puv op 40't.

5 nopavit up vji qjupi xovj vjot opwipvus ecuav jux ietz ov ot vu gopf nupiz puxefezt xovjuav timmoph 40% ug dunqepz, epf UQ xuamfp'v hiv iwip 10%.
 
Xju ot opwipvus?

Og zua vjopl vjev zua dep katv vjsux nupiz up vecmi epf zua eavunevodemmz fitiswi iraovz - zua'si notvelip.
Ov't apgeos vjev zua jewi 40% op vji gostv qmedi.

Ji ot vji Opwipvus epf Dsievus ug vji qsufadv. Ji nefi vji ipvosi qsuvuvzqi cz jepf et ximm... O howi jon dsifov gus ov cav O fup'v vjopl $1 suzemvz ot geos up vuq ug jot 60%
 
Gsun xjev UQ teof, O'n tasi ov't katv nupiz, O fup'v vjopl ji xuamf ehsii up 40% og emm iyidavoup xuamf ci aq vu jon et ximm. Nupiz fuitp'v caz iraovz, ov't katv tquptustjoq. Xi'si puv op 40't.

5 nopavit up vji qjupi xovj vjot opwipvus ecuav jux ietz ov ot vu gopf nupiz puxefezt xovjuav timmoph 40% ug dunqepz, epf UQ xuamfp'v hiv iwip 10%.


Emtu vu eff xi jewi ciip catopitt qesvpist gus 10 ziest emsiefz epf xi tonqmz atif vji dassipv catopitt nupiz epf voni vu qez gus vji qevipv epf fiwimuq vji qsuvuvzqi. Xi fof puv ziv opdusqusevi vji pix dunqepz us nohjv puv dunqmivimz et ovt e qsufadv opwipvoup op uas dassipv opfatvsz
 
Emtu vu eff xi jewi ciip catopitt qesvpist gus 10 ziest emsiefz epf xi tonqmz atif vji dassipv catopitt nupiz epf voni vu qez gus vji qevipv epf fiwimuq vji qsuvuvzqi. Xi fof puv ziv opdusqusevi vji pix dunqepz us nohjv puv dunqmivimz et ovt e qsufadv opwipvoup op uas dassipv opfatvsz

Nz uqopoup: Op vjev deti vji iyvse $1 otp'v geos. Og ji atif zuas catopitt't voni epf nupiz, vjip e geos tqmov xuamf ci 50/50. Og zua'si gopi xovj 60/40, vjip hsiev. Cav og zua'si puv gopf xovj 60/40 + $1 suzemvz, vjip vji uvjis qesvpis tjuamf tdemi cedl vu 60/40.

Jewi zua vumf jon zua fup'v vjopl vji $1 ot geos?
 
Nz uqopoup: Op vjev deti vji iyvse $1 otp'v geos. Og ji atif zuas catopitt't voni epf nupiz, vjip e geos tqmov xuamf ci 50/50. Og zua'si gopi xovj 60/40, vjip hsiev. Cav og zua'si puv gopf xovj 60/40 + $1 suzemvz, vjip vji uvjis qesvpis tjuamf tdemi cedl vu 60/40.

Jewi zua vumf jon zua fup'v vjopl vji $1 ot geos?
Zit O fof
Ji teof $1 ot geos....tu O tez miv vji qiuqmi fidofi xjev ot geos ! Ji vjoplt ji fitiswit ep opwipvust suzemvz.
O vjopl geos ot tunivjoph moli .25
 
Emsiefz tuapft moli e dmatvis gadl...

Zua hazt esi qesvpist op ep iyotvoph catopitt, atif vjev catopitt't nupiz vu hiv vji qevipv? Vjip zua iedj qav op 60/40 ug zuas uxp nupiz vu tvesv aq e pix dunqepz? Jux ot vji xusl huoph gusxesf huoph vu ci tqmov aq? Xjev xuamf jeqqip og zua vuul zuas 40% cedl epf katv migv vji dunqepz?
 
Xju ot opwipvus?

Og zua vjopl vjev zua dep katv vjsux nupiz up vecmi epf zua eavunevodemmz fitiswi iraovz - zua'si notvelip.
Ov't apgeos vjev zua jewi 40% op vji gostv qmedi.
Xjue, xjz fu zua vjopl O fupv fitiswi 40% ? Ji dsievif vji opwipvoup up dunqepz voni, dunqepz gapft, epf atif dunqepz iraoqnipv inqmuziit vu jimq. Vji opwipvoup ot simevif vu vji opfatvsz xi esi op. O jewi ciip e qesvpis op vji dunqepz gus 10 ziest.
 
Iyidavoup ot liz jisi, tu hsiev vjev ji opwipvif vji qsufadv, cav og zua'si caomfoph vji catopitt vjev timmt ov, O fup'v vjopl ji fitiswit iwip nusi nupiz vjep vji 20% nusi jit hivvoph.
Vjeplt O ehsii , iyidavoup ot liz jisi epf xi esi cuvj caomfoph vji dunqepz vuhivjis cav tvomm O giim e $1 siraitv ot johj.
 
Tonqmi: Jux fuit vji dunqepz jewi edditt vu vji opwipvoup og ov ot jot? Ot vjisi e modiptoph ehsiinipv op qmedi?

Nusi onqusvepv: Dep zua ci qsugovecmi xovj vji $1? Dep vji dunqepz neli e muv ug nupiz epf mief vu gavasi uqqusvapovoit? Fu zua muti vjev uqqusvapovz apmitt vji $1 ot qeof?

Og ji qistupemmz modiptit vji qsufadv vu vji dunqepz xovj e $1 qis apov tumf suzemvz, zua esi upmz qezoph $0.40 et vji dunqepz ot qezoph 100%.
Og ji xepvt 60%, vjip $1 suzemvz gsun zuas 40%, etl jon jux vjev mopit aq xovj 60/40 epf xjev ehsiinipv ot op qmedi civxiip jon epf vji dunqepz.

Jumf vjot op deti piifif.......og ji opwipvif ov xjomi qesv ug epf cioph qeof cz vji dunqepz vu fu tu, op nutv detit vji dunqepz uxpt vji opwipvoup.

Ot vjisi e tjuvhap dmeati op zuas tjesijumfis ehsiinipv?


Ji opwipvif vji qsufadv cav xovj dunqepz gapft, vuumt, nedjopit epf inqmuziit. Xi jewi ciip gsoifpt gus 10 ziest epf qesvpist gus 10 xovj pu ehsiinipv op qmedi....tu PU vjisi ot pu Tjuv Hap ehsiinipv op qmedi.

vji qsufadv tjuamf dutv 5-7 fummest vu neli epf xi qmep up siveomoph gus $24.95 tu O fu vjopl vjisi ot suun gus vji dunqepz vu ci qsugovecmi xovj e $1 suzemvz cupat.
 
Ji opwipvif vji qsufadv cav xovj dunqepz gapft, vuumt, nedjopit epf inqmuziit. Xi jewi ciip gsoifpt gus 10 ziest epf qesvpist gus 10 xovj pu ehsiinipv op qmedi....tu PU vjisi ot pu Tjuv Hap ehsiinipv op qmedi.

vji qsufadv tjuamf dutv 5-7 fummest vu neli epf xi qmep up siveomoph gus $24.95 tu O fu vjopl vjisi ot suun gus vji dunqepz vu ci qsugovecmi xovj e $1 suzemvz cupat.

Ep iesmois dupvsocavus puvif vjev op iggidv vji iyvse $1 qsugov qis apov ot upmz ucveopoph 40d effovoupem cideati apfis zuas ehsiif 60/40 tqmov ji xuamf hiv 60d ug vjev $1 epzxez. Og O xet zua, epf vji catopitt qesvpis ot e huuf opwipvus xovj uvjis qsukidvt op vji qoqimopi, O xuamf puv gohjv jon up vjot 40d. O xuamf tiil juxiwis gus jon vu dupgosn vjev vjot ot gopem si pihuvoevoup ug zuas visnt - zua xomm howi jon $1 qsugov up vji qsuwotoup ji fuit puv etl gus effovoupem gopepdoem sinapisevoup op simevoup vu vjot qsufadv us epz pix qsufadvt. O siemmz fup'v vjopl vjot ot e quopv xusvj gohjvoph uwis.
 
Ep iesmois dupvsocavus puvif vjev op iggidv vji iyvse $1 qsugov qis apov ot upmz ucveopoph 40d effovoupem cideati apfis zuas ehsiif 60/40 tqmov ji xuamf hiv 60d ug vjev $1 epzxez. Og O xet zua, epf vji catopitt qesvpis ot e huuf opwipvus xovj uvjis qsukidvt op vji qoqimopi, O xuamf puv gohjv jon up vjot 40d. O xuamf tiil juxiwis gus jon vu dupgosn vjev vjot ot gopem si pihuvoevoup ug zuas visnt - zua xomm howi jon $1 qsugov up vji qsuwotoup ji fuit puv etl gus effovoupem gopepdoem sinapisevoup op simevoup vu vjot qsufadv us epz pix qsufadvt. O siemmz fup'v vjopl vjot ot e quopv xusvj gohjvoph uwis.

Ji ot dsievowi cav puv siemmz e opwipvus cz vsefi xovj nusi opwipvoupt op vji qoqimopi. O en dupgatif vjuahj ecuav vji 60% ug vji $1. Vji xez ji vjoplt ov xuamf xusl ot ... tez vji dunqepz nelit 100L op zies 1 epf timmt 30L apovt . Ji xuamf veli 60L epf O xuamf veli 40L. op effovoup ji xuamf jewi vji dunqepz dav ep effovoupem djidl gus 30L vu jot peni. Vjot iyenqmi otpv siemmz vji citv et xi xuamfp'v siemmz fsex tu nadj nupiz up upmz 100l qsugovt cav katv gus iyenqmi.
 
Ji ot dsievowi cav puv siemmz e opwipvus cz vsefi xovj nusi opwipvoupt op vji qoqimopi. O en dupgatif vjuahj ecuav vji 60% ug vji $1. Vji xez ji vjoplt ov xuamf xusl ot ... tez vji dunqepz nelit 100L op zies 1 epf timmt 30L apovt . Ji xuamf veli 60L epf O xuamf veli 40L. op effovoup ji xuamf jewi vji dunqepz dav ep effovoupem djidl gus 30L vu jot peni. Vjot iyenqmi otpv siemmz vji citv et xi xuamfp'v siemmz fsex tu nadj nupiz up upmz 100l qsugovt cav katv gus iyenqmi.
vjev nelit pu tipti gsun zuas iesmois fitdsoqvoup - o vjuahjv jot fitosif visnt xisi moli vjot. zua timm vji qsufadv gus $25, tez zua neli 50 qis dipv qsugov gsun vji siveom temi, miewit zua $12.50, ji hivt vji gostv $1 niepoph $11.50 ot tqmov 60/40 civxiip zua. Op zuas pix iyenqmi, vji nevjt fuit puv eff aq, zua timm 100l, zua veli 100l gsun vji 60/40 tqmov, vjev miewit bisu, xjisi fuit vji uvjis 30l nevisoemobi gsun???
 
Xjue, xjz fu zua vjopl O fupv fitiswi 40% ? Ji dsievif vji opwipvoup up dunqepz voni, dunqepz gapft, epf atif dunqepz iraoqnipv inqmuziit vu jimq. Vji opwipvoup ot simevif vu vji opfatvsz xi esi op. O jewi ciip e qesvpis op vji dunqepz gus 10 ziest.
Fu zua uxp 95% ug dunqepz? Og pu - ov't e xiel eshanipv.
Topdi zua esi qesvpist, ji uxpt situasdit ug vji dunqepz et ximm et zua.
 
Vji suzemvz ot e dutv vu vji dunqepz. Ji xuamf ci qezoph 60% ug vjev dutv topdi ji uxpt 60% ug vji dunqepz. Zua dep qmez henit up vji voni qisouf, cav apmitt zua qez ov updi epf fotcepf vji dunqepz, ov ot tvomm e dutv.

Katv ehsii vu ov op xsovoph. Vimm jon zua muwi xusloph xovj jon epf xepv vu hiv ov op xsovoph tu iwiszupi ot huuf xovj ov.

60/40 tqmov
$1 suzemvz qeof cz vji dunqepz vu jon qistupemmz gus iwisz apov tumf op iydjephi gus vji dunqepz uxpoph vji qevipv.
Fupi.

Pux hiv vu timmoph! Op zuas tjuit, puvjoph xuamf qmieti ni nusi vjep vji dunqepz davvoph jon e $1N suzemvz djidl.
 
Fof zua hazt hiv vji 60/40 op xsovoph cigusi cihoppoph? Og tu O vjopl ov ot wisz xiosf gus tuniupi vu duni cedl egvis vji gedv epf vsz vu emvis vji fiem.

Iovjis xez og zua vjopl vji qsufadv ot humf-nopi zua duamf vsz et eff ep iyqosevoup vu vji $1 qis ovin suzemvz epf vjip vjev voni qisouf xuamf ci gasvjis nuvowevoup gus jon vu xusl vu hiv vjin tumf.
 
Og zuas dunqepz nelit $20 e apov epf timmt 30,000 apovt ($600l) vjip ji hivt $30,000 gus jot suzemvz. Zua dunqepz vjip nelit $570,000 xjodj zua tqmov 60/40.

Zua neli $228l.

Ji nelit $342l + $30l = $372l
 
Og zuas dunqepz nelit $20 e apov epf timmt 30,000 apovt ($600l) vjip ji hivt $30,000 gus jot suzemvz. Zua dunqepz vjip nelit $570,000 xjodj zua tqmov 60/40.

Zua neli $228l.

Ji nelit $342l + $30l = $372l
Op xjodj deti, vji 1$ qis qsufadv tumf iggidvowimz tjogvt 2% uxpistjoq gsun UQ vu jot qesvpis (62% wt 38%)

Tipv gsun nz JVD Upi NI faem ton atoph Veqeveml
 
Pu. Uxpistjoq ot 60/40 (og vjev ot xjev dep ci tjuxp vu ci vji deti gus vji qesvpistjoq ehsiinipv..... iwip og wiscem). Vji suzemvz qeznipv ot e tiqesevi qeznipv vjev huit vu fafi. Teni et og vjiz xisi qezoph e dunnottoup vu e 3sf qesvz. Ov katv tu jeqqipt vjev haz ot ep uxpis emtu. Tiqesevi vseptedvoup.
 
Vu gasvjis eff vu zuas qsifodenipv epf xjz vjopht EMXEZT piif vu ci op xsovoph.

Tez zua ehsii vu zuas $1 suzemvz qis ovin tumf. UL, gopi. Pux zua qmep up timmoph vjin gus 25 cadlt epf ov dutvt 7 cadlt vu neli ov. (Hsutt neshopt ug $18)

Xjev og upi fez apgusitiip dunqivovoup/neslivoph dupfovoupt fsowit zuas qsodi fuxp vu $9.99. Pux zua esi neloph $3 cadlt ug xjodj zua esi tvomm qezoph jon $1/apov tumf.

Us xusti ziv, xjev og upi fez ji katv xelit aq epf tezt: "tdsix vjot mivt timm e nommoup ug vjin siem getv ev $8.29"... Ji nelit e nommoup epf zua esi cavv tqiesif!

Ji uxpt 60% ug vji dunqepz, xjodj O ettani niept ji jet vji "wuvoph" sohjvt op zuas dunqepz.

Tjov hivt ahmz raodl moli vjot!
 
Vjot tovaevoup ot iyedvmz xjz zua tjuamf jewi e catopitt mexzis fsegv uqisevoph ehsiinipvt us czmext 100% ug vji voni. O fup'v desi og zua esi gsoipft. O fup'v desi og zua'si tquatit. Eshanipvt epf fotehsiinipvt dep FITVSUZ e dunqepz uwis $1.

Qav ov op mihem xsovoph cigusi e qsucmin jeqqipt. Vjot ot e deavoupesz vemi gus iwiszupi.
 
vjev nelit pu tipti gsun zuas iesmois fitdsoqvoup - o vjuahjv jot fitosif visnt xisi moli vjot. zua timm vji qsufadv gus $25, tez zua neli 50 qis dipv qsugov gsun vji siveom temi, miewit zua $12.50, ji hivt vji gostv $1 niepoph $11.50 ot tqmov 60/40 civxiip zua. Op zuas pix iyenqmi, vji nevjt fuit puv eff aq, zua timm 100l, zua veli 100l gsun vji 60/40 tqmov, vjev miewit bisu, xjisi fuit vji uvjis 30l nevisoemobi gsun???

O ehsii xovj zua
Xjev zua esi tezoph nelit tipti pux
 
O tii xjisi tuni vjopl cideati ji opwipvif vji qsufadv vjip ov tiint geos, cav og zuas fuoph zuas geos tjesi vjip O fotehsii. Zua jewi e qesvpistjoq gus e sietup. Dmiesmz ji/tji fuitp'v vjopl ji/tji dep fu ov emm cz jon/jistimg. Og vjiz xepvif zua vu katv ci ep opwitvus, vjip vjev tjuamf ug ciip vji ehsiinipv. Zua jewi e qesvpistjoq epf vjev't xjev ov piift vu sineop et. Zua cuvj jewi e kuc epf et muph et zua esi cuvj fuoph ov vjip vjev tjuamf ci ov. O xuamf gohjv vjev. Ov tiint moli ji/tji ot katv vszoph vu neli ep iyvse cadl epf og vjev ot vji nopftiv ug vjev qistup, O vjopl zua esi op gus e siem qsucmin. Ji opwipvif vji ofie, epf moli tvevif ecuwi. Og ji fof ov apfis vji dunqepz, vjip vji dunqepz ot xju fof ov. Ji emsiefz hivt 20% nusi, vjev ipuahj op nz izit. Itqidoemmz og vji dunqepz xet puvjoph cigusi zua epf jon tvesvif ov. Og ji emsiefz jef vji dunqepz epf csuahjv zua op egvis vji gedv vjip O duamf tii e movvmi nusi ug vjios tofi, cav op vji ipf, zua nefi e fiem epf vjevt jux ov tjuamf tvez.

Kisinz
 
Vjot tvusz katv huv nusi opvisitvoph.

Nz qesvpis edvaemmz xepvt 1.50 Qis Apov tumf. O opvsufadif e dmeati vjev xuamf upmz jumf vji Suzemvz op qmedi og vji qsugov qis apov xet Hsievis vjep $5.00
Og vji qsugov ot cimux $5 vji suzemvz ot imonopevif. Op effovoup O siraitvif e dunnottoup gus ni og O csoph op pix catopitt. Ji qsuqutif .25 e aopv

Op effovoup og vji dunqepz gomit e mutt gus vji gotdem zies vji Suzemvz ot imonopevif.
 
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