I'm new here so I'm not to keen of the rules, so I'm pretty sure this is the correct forum for this.
Anyway, I've come up with a pretty good idea for a company that I would like to implement and get started; however, I don't have the nessesary funds to do so.
The project is a service that we would offer.
I can't really get into it as I'd like to keep it confidential; however, it's a very good idea with the potential to grow.
Our main target customer base would be programmers, specifically web developers.
I am an experienced web developer and will be handling all the coding myself as well as the design. The majority of the project that I will need funds on is for the hosting as I will need very good hosting for this as well as marketing money.
This is NOT a hosting request, I am looking for a partner who will be willing to lay down some money on his end, while I lay down labor on my end so that we can go 50/50 in this business.
Well as of right now I'm looking at some high quality servers, because the service won't be effective unless I have very high uptime, however I'm predicting enough money for business startup fee's, hosting fee's ($250/Month) for the first few months, merchant account setup fee's and such. The rest really is marketing, and as to how much for that is up to the investor. I'd like to advertise through iNET interactive, so a nice budget for advertising to get the service off the ground would be good.
I'd really like to find someone who's fluent with the business market as I would like to manage the programming level while someone else manages the business aspect of the project.
Well to me all you'd really be doing is coming up with this idea (already done) and coding/designing the website. While a potential partner (you keep refering to a investor, a partner and investor are not the same thing, you should clarify) will have to invest thousands of dollars into the idea. So it sounds like the "partner" won't be getting back as much.
Alright, well considering that the amount of coding involved in this specific project has a very high value if it were outsourced and hired, I'd say it's a very good deal. Profits are to be shared. I refer to the person as an investor because that's what their doing to get in AKA, to become a partner.