How much % of money should i take from this.?

Question

I`ve got job offer. Some person makes new company - clothing brand. Due to my possibilities and knowledge he offered me to be his partner.

We do it in a way, he makes the clothes and organises everything. All money are also his. My part is full PR/Marketing. So making it known and visible. Since it is alot of money in this business he offered i can get some constant % of everything that the brand will make. He said it cant be 50%. How much should i go for? I really have no idea.

Important thing here is, because of my contacts he wont pay for advertisments, i am able to do 'my part of job' without money investments. That is why he wants me to be partner.

Please give me best answers possible.

Answer 1

49.999 %

Answer 2

If hes not your friend, talk him for everything hes got.  He said 50% then he expects that anyways so there should be no hard feelings if you do.

Answer 3

sounds like a scam to me.

Answer 4

Well, you could make a marketing plan(sketch) and see how much your services value. If the marketing costs you save are comparable to the manufacturing costs, I'm guessing you could go for 35-40%. Remember you need to justify your demands since you want a long term association. Make it fair from the beginning. As a guide, each reseller normally adds 30% to the price, so think about the final cost as well. The more people will buy the clothes, the more money you will earn. You must decide from the beginning what type of marketing the business will need. Make it a 2 years plan in advance. You probably won't stick to it, but having a strategy is always better than having none.

Answer 5

well because it is his idea and his business originally i think to be fair dont go anything over 45%. anymore and ur kinda gettin greedy but him offering 50% is very generous. mention that when u tell him ur answer. [him/her] lol good luck

Answer 6

It's his money and he designs the clothes, so basically, as partner, you're the manager, he's the producer and artist. Go for 33.

Answer 7

I presume you are talking about profit share. If you have been told that you cannot ask for 50% then the owner of the business should make you the offer. When making his offer, he should consider what expertise you are going to bring to the company and calculate the financial gains. This should also not be a fixed arrangement so that after six months to a year, the value added by the PR/Marketing can be calculated and possibly an increased profit share. Generally for a new company, 5 -10% profit share is a fair amount but their is usually a fixed monthly salary  included in the package.

One must also undestand that PR/Marketing will be costing his comapny money in the beginning until the brand gains popularity. therefore you cannot expect huge sums of money at the onset.