Hi, My partner and I own our corporation 50/50. We are considering giving one of our employees 10% of the corporation. However, we're wondering the best way to go about this? We are basically offering her a part of the corporation in exchange for her taking a greatly reduced salary. She is a relatively new employee - so we're not sure how to space out the stock options? What the best way is ? Does anyone have advice? Also, the corporation is not making any profit yet and is being funded by my partner and I.. are we allowed to put something in writing that says we get paid back our investment first before any profits are shared?
Hi Lauridb, welcome to our community. We have many small business owners who are happy to share their wealth of information with others. Would you mind expanding a bit on your questions? That way we will be better able to assist you.
Good luck in your business in the coming fall and winter seasons.
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