Hello, I am starting a skin care product line. I am planning to sell this out of my retail location, other retail locations and online. This is going to be a family business with a lot of my family members involved. I am meeting with them next week and I need help with a few things.
1) Business Plan
2) Distribution Equity Shares
3) Financial Investment Needed
Obviously, there is a lot more needed, but I would like to start with these. The big thing is I would like to figure out before I meet with them is to how to distribute the shares fairly. Some people will be putting in more time the others and some will be putting in more money then others. I know this isn't a black and white thing with a certain formula, but any insight would be helpful from someone with experience with this. Please e-mail me if you are interested with any questions or feedback.