I know partnerships are 99% destined to failure. My History: Two years and 33 accounts, Average $50/hour Limited money = slow growth. His history: Started this spring, Hired a guy who almost lost everything. That hired guy is gone. Has spent $30,000 on equipment. Only one account priced at $33/hour, 14 hour job. Now only reason I am considering this is he has the equipment that would allow me to grow to a full schedule and then some, if I can find the right employee. I would take care of everything from mowing, billing, quoting and machine servicing. He may occasionally work the odd half day here and there but he works 15 hour days somewhere else. talks on the table, I get $25 / hour or $3000/month whichever is greater. We are both 50%. Business will pay him back the current value of his his near new equipment and then be owned by company as funds are available.. My hesitation is this, If I am the only one working and building the business, I don't see how or why I would give him 50% of anything once the business buys his equipment from him. Now I know that buying his equipment for cheap would be in my best interest but that is not an option. He don't want to sell and I don't have the money. Should I consider this, and what % stake should he be entitled to?