DH and his business partner

[KimmyKimdoo]

Advice please if you have any!

DH has run a successful business with his partner for the last ten years. Partner came to ask DH if they can set up a second business (the same) just down the road. He wants them to go 50-50 on everything just the same but work at one site each most of the time. They’re looking at doing this currently, it will be very expensive to set up initially of course. Now partner has a new girlfriend who wants in. She’s just quit her full time job and is in training to work in the business. Partner is trying to make the second business more of “their” thing saying the income should be split 1/3 each and he and the new girlfriend will run it. It doesn’t seem right and I feel the partner is taking advantage of DH and his trusting nature. I’m worried about all sorts of things really and DH is going to get legal advice obviously. Any suggestions on how DH can be fair to partner and new girlfriend about her working? It’s not unreasonable to just say no way is it?!

If she wants in he can have a chunk of partners share stick to your 50/50.
If they split it would be a nightmare also 2 against 1 wouldn't be a health mix
fuck her off.

I think you have such a strong case (as if you didn't before) given the work you do isn't paid. But honestly that partner sounds nuts - what is he thinking of, to let a new girlfriend own shares in his business? Just the fact he doesn't know her and she has no experience should be enough to ring alarm bells for him.

Thank you! We obviously don’t even know if the new business will thrive yet. We can’t agree to be taking anyone on yet! Will go back to the partner and see what he says. Thank you everyone!

Umm... I would tell my partner that's a firm NO from me. The girlfriend can have a job for fair salary, sure. But a third of the profit?! For what?! If your husband doesn't want to employ her at all, I think he needs a reason why, but if the partner insisted, then it is not unfair to say fine but it is coming out of your 50% and not a dime out of mine!

The girlfriend can't have a job just because she wants one! If she is to bring any value to the business she has to be interviewed and judged on her expertise and experience.

DH isn’t interested in employing anyone at all. He can manage the extra work and keep his 50% of things going. If the partner would like to employ his girlfriend then that should be within his own new site and from his own 50% of the profit. At least that’s what we think. We don’t dislike the girl, we just don’t know her and don’t want to go into business with her on that basis.

Strong talk, OP! I hope she doesn't take that 5000 away and invest somewhere else!

OP,

Stand firm on this.

The suggestion is absolute madness and I would question the intelligence of your husband's partner to suggest this.

He sounds like a gobshite that is not thinking via his brain.

He also sounds like a complete CF to try an impose his girlfriend on the business.

She sounds like a piece of work who realises her boyfriend is a gobshite too.

This is your husband's livelihood and emotions have zero place in it.

A firm categoric NO, and I would be rethinking the new business being joint if she is going to be involved.

It sounds as if it could be very messy.

A hard head is required, sounds like YOU have it and may need to be bad cop in this.