Help with partner ownership...

My friend and I are starting an auto detailing business. I owned the company for 7 years, but allowed him to buy in for 30%. What would be the best way to pay out money? Do I get a % of each job he does or do we divide any excess $$ at the end of the year that the company has in the account? If it was a % of each job he does, what would the % be?



Thanks!

via Small-Business-Forum.net http://www.small-business-forum.net/starting-your-business/9936-help-partner-ownership.html