Scenario, A person wants to get involved with a LLC partnership the partners discuss adding the person and there benefits to grow the co. So the topic of a buy in comes up The co has assets of about 180K in inventory , tools etc the building is leased so no property is owned. So would you say a buy in of 25% of assets would be fair ? ( currently 3 partners own the business) Currently this person has been doing side work related to his profession since his lay off from a large co, it would be a hard stretch for him to get funds to buy in.
It wouldnt be fair to the 3 partners who put in years of work and sweat to get it where it is today to just let him in without some "skin in the game" his buy in would go into the company not to the partners .
Any ones thoughts who might have gone thru something like this ???