Originally Posted by
Sidewinder
Very bad idea from the get go. It may be "His" scrap, but it's YOUR truck, YOUR insurance, YOUR tires/brakes.
Retro hit the nail on the head with how our partnership works. We're clear and concise on EVERY scrap run (As things can change from load to load), and our usual arrangement is 60/40 (60% to the one driving the truck/trailer and 40% for the one being the hired help)
We've not had an issue with that arrangement. It's an open offer, take it or leave it (Unless we both need to use the trucks/trailers, and at that point, more discussions are involved).
But I think 50/50 on something like you're doing is a bad idea.
However, good idea for putting the scrap in your name, to keep things in YOUR field of play.
When I actually proposed the 50/50, he was cool with it and then said take $20 off the top of the haul and give it to me for use of the truck. So say we bring in $100 worth of shred. $20 immediately goes to me and we split the remaining $80 and get $40 each. That ends up at a 60/40 split. And if it's less than that, I get a bigger percentage, basically. Let's say we haul in $60. I get $20 right away and we split the remainder and get $20 each. So I get 40, he gets 20...I total up at 2/3rd cut and he gets a third. Seems to work out in the end IMO. So every run, I get a guaranteed flat rate for use of the truck which I will put right into the gas tank and off to the side for maintenance.
And if we run into a disagreement, I'll walk away. I'm the one in the literal and figurative driver seat.
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