Is 70/30 split with investor fair?

I am currently running a junkshop and it had been up and running for 5 years now. A friend of mine wants to invest and im thinking of a 70/30 profit split from his investment since i own the company, i do all the work and all he has to do is sit down and wait for his monthly share and my breakdown of reports.



Your thoughts will be greatly appreciated



TIA,

Jshbrgs07

via Small-Business-Forum.net http://www.small-business-forum.net/financing-your-small-business/9594-70-30-split-investor-fair.html