Alright guys, I am outta the game, kinda. I am going to see a couple of "plumbers" tomorrow. One of them owes the supply house close to $30K and seems to have no intentions of paying them back so I'm sure he will be glad for the offer. I am going to approach a couple of them about a business deal and I needed some input from some of the other business owners on the board and to the legality of the deal. Here's what I was thinking. I use my own truck, my own gas, my own material. I don't want any BS health insurance, etc. I understand he will be responsible for worker's compensation, taxes, and liability insurance on any work I do. I will even use my own customers as to not take anything away from his business. All of my customers will be invoiced under his business name and I will give him the checks at the end of the week, for which he will write me a return check for a percentage. We are not talking huge sums of money but around $3000 a week combined profit from this venture. My question is, "Is this something any of would even consider if approached with, and if so, what is a fair percentage?" Is giving him 25% too much? too little?
No announcement yet.
Getting it right