Do you feel comfortable with this arrangement? Have you estimated your gross/net sales under this arrangement? Have you estimated your profit margin?
Without some real data on gross/net sales it is very difficult to levy an opinion. I will go back to my original suggestion of working up a detailed business plan, base on his proposal, and decide if it is something worth doing.
If you are looking at this as a chance to gain some bbq business experience without all the upfront capital expense then it may work out. The way it is being proposed it sounds like he is looking to "hire" a cook.
The 15% of Gross sounds a bit high to me unless you are able to keep your costs low and maintain a high profit margin.
Do I smell SMOKE?????
Last edited by bizznessman; 10-04-2013 at 08:18 PM..