question
Q: Hi
I am a Director and co-founder of a small start up business. My business partner and I hold the shares 55 to 45 (me). My business partner is the Managing Director and invests 20 hours+ each week operationally. I invest around 5 hours. My question pertains to how to best capture the Directors' lost time in a business without revenue at this stage. Should we come up with a seperate agreement to pay out once profitable or journal in balance sheet?
