Posted by John B. Corey Jr. on June 16, 2007 at 09:43:14:
The above works. Or you could put more emphasis on the cash/credit
side. Granted you want everyone pulling in the same direction.
If there is a deal that goes badly and there is no profit are the losses
shared? If not then more to the cash and credit folks. If there are
shared losses and you can enforce the sharing then maybe the splits
you suggested are fine.
In the end it will also depend on everyone agreeing so any number that
has everyone agree is a start. The next test if do they still agree a few