Business Advice for the Mathematically Challenged, Redux
June 7, 2011 3:11 AM Subscribe
Please help me figure out the logical way to divide subletting revenues with my partner.
posted by Paris Elk to Work & Money (9 answers total)
I joined forces with a partner to rent a workspace. There are 3 rooms and therefore the possibility for 3 people to work simultaneously in the space. So far we have split all expenses, responsibilities and decisions 50-50, and plan to continue to do so. As of September, I would like to use the space 5 days a week; my partner wants to use it 3 days a week. We will also be subletting as much of the free time as we can to other colleagues.
My question is: How should the income from subletting be divided? My partner feels she should receive a bigger percentage because she's working in the space less than I am. I don't agree with this, but I'm having a hard time articulating why. Wouldn't an uneven income distribution make me more of a subletter than a lease-holder? I feel I'd be losing one of the major advantages of being responsible for the place -- which is why I decided to pony up the money and take the risk in the first place, rather than just subletting somewhere else.
I really must have been daydreaming when they taught us this kind of problem-solving in school, because I just can't get my head around it. Thanks in advance for your input.