If I own 5 % of a company?

Question

company sent me an agreement letter offering 5 % of a company but they are offering to pay me from the net instead of the gross amount. Is this fair or not? Will I get paid before or after the employees?

Answer 1

By law employees get paid first. The 5% should be from net according to standard practice. Rather it is fair or not is a relative question and can only be based on your evaluation. As an owner you will get paid from profits and may also be responsible for 5%  of all losses. Stay safe and not prosper or take risks and enjoy the rewards your choice