Partnering up / Entity structure
I am looking to partner with someone out of state from me. I am bringing the (majority of?) capital and he will be boots on the ground/management. Additionally, I see this as having potential to be a larger relationship, in which I raise capital from private investors and bring them to him.
Can I please have your recommendations/comments about different ways to structure this, both in the short term and long term.
Thank you in advance!