Partnership deal structure
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Great topic. My partner and I came from SB to ML in the last few months with the intention of forming a team. Now that we have transferred many of the assets over we are looking for ideas. The revenue split based on last years production numbers come out to be around 70/30. I have been in the business about 10 years and he about 20. We have been looking for whitepapers or articles that give suggestions on how to best create comp structures. We are also bringing in a junior partner to the mix as well and want to somehow reward him for the role he will play. Websites? Books? Coaches? that people have used to help set this up?
Thanks,