Currently it's only me. I plan to add two more members by means discussed earlier early in 2014. But it was also interesting to me how financial transactions are usually structured, and whether other members are obligated to match my expenditures according to the ownership stake.
There is no one way ideal option, truly. I have helped create dozens upon dozens of new businesses and none of them have ever been quite the same. To be frank, you simply need to sit down with the potential partners and see what they want--if they are coming in as pure 'brain equity' or if they are coming in with some sort of a financial investment, if they expect to be 'general' or 'limited' in terms of decision making, and whether they would be required to match expenditures--sometimes that is yes, sometimes that is a no based on the agreement you have put in place. I say that not to take the easy way out but so that you can all discuss and try to figure out the best decision for yourselves.
Hope that helps.
Thank you! You've been very helpful.
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