The facility wants to take 50% percent of my monthly intake. After one year, they want me to close my LLC and work under there company name. They said I would get 60% of the monthly income from this and they would take care of everything else including insurance. All I would need to do is sign a no compete clause. My only problem is that if I rent their facility and bring in my clients and then dissolve my LLC. They have my clients and I have no guarantee they will not fire me and if they do fire me then I will not be able to run my own similar company because of the no compete clause. Is there anything I can bring to the table to counter offer? The problem is that they have a state of the art facility second to none and I will never be able to afford to open a facility like this and their facility would benefit my clients but I'm confused and nervous because I've worked so hard for 19 years and now I'm supposed to turn everything over? Please let me know your thoughts.
2007-06-11 15:21:44 · 1 answers · asked by Anonymous in Business & Finance ➔ Small Business
Look for an alternative. This doesn't sound like a good deal for you.
2007-06-15 05:28:43 · answer #1 · answered by jdkilp 7 · 1⤊ 0⤋