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Re: MISC - Businees Advice

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Seek the advice of council !!

Lew Midlam, PE

CanitzCF wrote:
>   I'm presently entertaining the possibility of forming a CFS residential
> business with a structural steel fabricator. I would be the "staff engineer"
> while he would be the G.C. although the corporate papers will be drawn up such
> that we'd be partners. Becoming part of this venture will only cost me my
> time; all associated costs will be his responsibility. For me, this businees
> will be my second job since I'm currently employed full time elsewhere and
> plan to remain as such. Therefore, issues such as health issurance, vacation,
> etc. are not a concern.
>   Naturally, I have several concerns and questions(liability, what happens if
> our relationship goes sour, what I should expect out of this partnership
> financially, what protection should I have if he happens if he decides to
> replace me, etc.) about this partnership and hence the reason for this post.
> Have any of you entered into similar ventures? If so, any advice?
> Thanks in advance.
> Charlie Canitz, PE
> Bel Air, MD