WE'VE MOVED!
We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
Options
What role should I give for my business partner?
KingK
subscriber Posts: 5
I own a web site that caters to the real estate segment in India. Right now I`m planning to open an office in India. Since I`m in US I have to strongly rely on the person who would head the Indian operations. Regarding this I`d been talking to my friend back in India and he is interested. I expect him to do the following.
>He would invest 30-40% for the start-up cost.
>He would run the Indian operations and would be responsible for the day to day activities of the employees.
I will be maintaining the web site, will plan the marketing and business strategy. Based on what I have for him, what should be his role/designation?
I was thinking that he would be the Managing Director for the Office reporting up to me. Is this right? Any ideas suggestions greatly appreciated
>He would invest 30-40% for the start-up cost.
>He would run the Indian operations and would be responsible for the day to day activities of the employees.
I will be maintaining the web site, will plan the marketing and business strategy. Based on what I have for him, what should be his role/designation?
I was thinking that he would be the Managing Director for the Office reporting up to me. Is this right? Any ideas suggestions greatly appreciated
Sign In or Register to comment.
Comments
chandani
http://fasttrackitc.com/sp/
azaleemealeyijl5/17/2008 4:42 AM