Menu
Home>Levelset Community>Legal Help>What percentage of ownership and profit split would be reasonable for my situation?

What percentage of ownership and profit split would be reasonable for my situation?

LouisianaConstruction ContractLicenses

I as being asked to be the qualifying party for a company so they can be a Licensed Contractor and open the opportunity for bigger jobs. They have offered me 5% ownership of the company and 5% of the profit split. I would like to know if 5% ownership and 5% profit split is reasonable for the risk of me becoming the qualifying party for the License.

1 reply

Jan 23, 2023
Hi, thanks for reaching out to the Levelset legal community. There's a lot of factors that play into decisions about risk vs. profit, so your question might be too situational for an attorney to answer in this public forum. You may wish to consider consulting an attorney privately. Here are some attorneys from our directory in your area: https://www.levelset.com/payment-help/experts/construction-lawyer/louisiana/

Hope this helps!

0 people found this helpful
Helpful