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I don't plan to pay her salary. We would divide the profit based on the share of the company and she can decide how much of it is salary vs. distribution. If I was to hire a sale's person for instance, I would have paid commissions only, no base salary and perhaps some bonus program as a % of profit
I haven't yet completed my financial projections analysis but as a rough estimate, revenue of $150,000 (to be very conservative).
Thank you, XXXXX XXXXX a very helpful advice. I plan to draft an operating agreement but would like a professional opinion in case anything is missed or worded inappropriately. Do you provide services with this, i.e. review the document and provide feedback/language changes?
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