Wanting to partner up in a yoga studio — how to split profits fairly when partners earn different amounts due to rent?

Stat: If you hire staff, costs go up 40%, but output can increase by 60%. Net: +20%.

man this is so hard. i kept it simple, just working. you can do it too.

man, im in the same boat bro. youll just have to do what you gotta do eventually and i guess a solution will come up.

If you're struggling ask other shop owners. They're your best guides. There's no magic cure.

This is a classic industry issue. Solution: Tell the customer the 'real date'. Then keep your patience.

Correction: I misremembered the figure, it was a bit lower.

bro this is a great opportunity! go use it 100% right now!

Legally: your business needs these specific permits. Ask your accountant.

I've been down this road, let me tell you. The harder it is to reverse a decision the slower you should make it.

I'm also curious if anyone does it differently.

There's a common mistake people make when doing this. Any unwritten clause becomes a point of disagreement later, as both sides remember it differently.

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

Three different views emerged, they all complement each other. The only thing separating friendship from partnership is a written contract.

Just leaving this note, it might be useful.

I've been dealing with this for a long time. Do a small three-month project before talking stocks, so you see each other.

I'll try it. If you're offering equity instead of salary, also state what you're offering in return.

Are you looking for a partner or a co-founder? They are two different things. I'm also curious if anyone does it differently.

to get into the details: Most time waste accumulates in tasks waiting for approval.

just leaving this note, it might be useful.

Let me share my experience. Hasty decisions become decisions you have to fix six months later.

I've been dealing with this for a long time. Hasty decisions become decisions you have to fix six months later.

i completely agree and when we decide without measuring, we always end up in the same place.

do a small three-month projeect before talking stocks, so you see each other. correct me if I'm wrong.

Thanks for writing this, that's the right way. If you're offering equity instead of salary, also state what you're offering in return.

When making a decision, first look at what data you have on hand. Of course, it varies if your situation is different.

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