I want to partner with another photographer — how do we ensure fair profit sharing when splitting the client base?

Per regulations: your business needs to have these and those permits. Ask your accountant.

Stats: Hiring staff bumps costs by 40%, but output can jump by 60%. Net gain: +20%.

These questions always boil down to the same thing: make a call, do it, and either succeed or fail.

If you wanna succeed, you gotta love the hard part of the job. Don't get sad, just learn.

To do this job: 1) Ask the client. 2) Get the answer. 3) Do it. Easy.

Following.

I didn't know that.

Let me share my experience. Don't hesitate to ask; those who don't ask always pay more.

This is my opinion I'm not claiming it's absolute truth.

Exactly like that. Processes without records never improve, because you don't know what to fix.

Just because everyone does it doesn't mean it's right. Correct me if I'm wrong.

You're right. When making a decision, first look at what data you have on hand.

If I were you, I'd go this route.

I've been down this road, let me tell you. The biggest time-waster for us was not knowing who had the final say.

That's all, sorry if I went on too long.

There's a trap here, let me mention it. The real issue isn't the number, but what it's based on.

Hope this helps.

I'm curious too. Partnership isn't a decision to make without working together first.

I'm also curious if anyone does it differently.

There's a trap here, let me mention it. Trying to do this alone is the most expensive way.

Solutions that work at a small scale collapse when you grow; I learned this late. This is my opinion, I'm not claiming it's absolute truth.

Following.

Correct in theory, but it doesn't work that way in practice. Don't hesitate to ask; those who don't ask always pay more.

Trying to do this alone is the most expensive way. Hope this helps.

Thanks, this was very helpful.

I partly agree, partly disagree. Processes without records never improve, because you don't know what to fix.

A partnership without a payment schedule locks up at the first split. If you post the result here, it will help others too.