Hi - new here and need a little advice... So I have wanted to start a bakery business in my neighborhood but I wanted to start with a friend so that I have someone willing to work unlimited hrs (like me) w/o worrying about paying overtime or a huge salary. So I approached my good friend and she is going to do the bakery program at our community college with me (3quarter program) and do a partnership with me. Here comes the sticky part... My friend has absolutely no capital to invest in the business. All $$ will come from my savings and a business loan (her credit is not great but I have gold brick credit). Plus, I am supported by my husband, but she is single and will need to make a salary for her living expense. I suggested that she receives a salary for the first year and then switch to receiving a part of the profit (if the business if profitable by then)So now I need to "value" her sweat equity in terms of ownsership %. She has thrown out 51/49 so I have the majority of ownership, but with me being the only one with financial liability on the line, I think my % should be more than 51%. Can anyone tell me what you think a fair share would be?