Is it necessary to have at least a 2% difference between two business partners when dealing with company percentage...I.e. ceo, and coo
Answer
As a Franchise Attorney I must say you further information is needed. What 2% difference are you talking about? What kind of entity? What are the surrounding facts and circumstances? Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Foundations, a Professional Corporation
Answer
There is no such formula--probably more often than not in a two person partnership the partners own equal interests.
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