Hi Guys

Please i need your honest advice here..
I registered my company in 2009, its a telecom/Construction Project company
We have made a little progress in terms of creating business history, profile ETC
Now i have 2 guys now that wants to join me based on this little history we have created
They are requesting for equal sharing between all of us, because they are bringing in New multiple accounts/businesses that would really blow up the company.
What do you guys advice? Shld go ahead and share the company equally with them? or i hold on to the shares and keep pushing till the break comes?

now this is where a corporate lawyer and an auditor is required. 1. u need to value the company taking into consideration things like goodwill etc. 2. the so called multiple accounts if it does not materalize who looses? u need to make arrangement for vested shares. call me if u need further
assistance

Thanks for the advice man
I wld contact you ASAP

pls guys your comments/advice wld be greatly apreciated.

If you are sure it will bring development to the business, then I would advice that before you ho ahead, make sure you all understand and are satisfied with the working terms. A lawyer involvement is highly recommended.

mkyusuf:
Hi Guys
Please i need your honest advice here..
I registered my company in 2009, its a telecom/Construction Project company
We have made a little progress in terms of creating business history, profile ETC
Now i have 2 guys now that wants to join me based on this little history we have created
They are requesting for equal sharing between all of us, because they are bringing in New multiple accounts/businesses that would really blow up the company.
What do you guys advice? Shld go ahead and share the company equally with them? or i hold on to the shares and keep pushing till the break comes?

PasNet:
If you are sure it will bring development to the business, then I would advice that before you ho ahead, make sure you all understand and are satisfied with the working terms. A lawyer involvement is highly recommended.

I quoted what Pasnet said because it makes sense. By all means share, if those accounts are real and gonna be 'enriching'. paraphrasing the words of a wise man. "Making beer has become so easy that you can even start a factory from your own backyard but its better to have 1% shares of Nigerian Breweries than 100% shares of your backyard brewery factory".

Hope you like beer anyway. if not sorry for the beer analogy. #orijin on my mind