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Business Advice

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TechnoTurkey:
I'd be doing my damn hardest to generate more work in my local area.

Nothing wrong with turning up in the land rover if you ask me - maybe get some polo necks printed if you are worried about looking professional.

Advertise in your local area a bit more etc etc, plenty you can do to redress the balance.

I would not personally go for teh option of becoming an employee as you effectively loose all the benefits of being self employed and there is nothing to stop him sacking you in the future.

TechnoTurkey:
You could even make the company go 'Ltd' and be 50/50 shareholders - therefore your ownership of the company is never in doubt but you could then each pay each other an hourly wage based upon work done then a dividend on your shares on top of that out of any other profts.

littlepow:

--- Quote from: "jeep94" ---My business partner and myself both live in different towns. He has the business address and main phone number, so because of this most of our work comes from his area. He therefore does pretty much of the quoting, invoicing, emergency call outs (has the works van), site visits, and knows pretty much most the people.
--- End quote ---


Can't you set up an on call rota, where by both parties take it in turn to have the works van and cover all emergency call outs for both towns for a week. This may require a out of hours mobile, which could also be used to help clients with 24hr access to your companies services.

This would help with balancing out of hours work, could also help you network with compainies (companies usually have contact with others in a similar trade area). Creating more contacts and business in your area.

BigSi:

--- Quote from: "TechnoTurkey" ---I'd be doing my damn hardest to generate more work in my local area.
--- End quote ---


Although we have adverts and given out plenty of business cards, most of the work has been from the people that he knows.

Like I said before, because the business is based in his area (30 miles away), most of the work is in that area too. He keeps the work van for emergency calls and quoting of jobs, and picks me up every day from a point mid way (leaving the Landy in a shopping car park). The main issue is that the office is at his home, he brings most of the work in, and he wants to invest more money that I can’t match (mentioned the loan and interest bit, and paid more money for the extra work, but those ideas were dismissed).

Basically he is saying that either I go employed with him, or he buys out my side of the company and keeps the van (company owned but in his name), tools, equipment etc, and he carries on himself, while I look for another job.

Kind of stuck between a rock and a hard place.

V8MoneyPit:
That sounds like he wants the business to himself. Frankly, if he won't entertain a profit split based on hours worked, it sounds like he want's to go it alone and is just making it impossible for you to stay as part of the business.

I cannot think of any reasonable justification for not splitting based on hours. What were his reasons for rejecting it? He can only gain by doing this. He has more of the profit from hours worked and he gets interest on the loan.

Could you take his buyout and set up yourself? It's not like you will be taking his business away if most of it is local to him anyway.

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