I have been approached to be a Brewmaster at a start up, small craft brewery. By small, I mean maybe 200-400 bbl a year to start max. We have not discussed any compensation yet, the business is still in the planning stages. I prefer to defer compensation and receive an equity stake in lieu of pay as I will be keeping my day job, which is not brewing. I will be responsible for all of the brewery duties as far as I know including recipe formulation, brewing, and quality control. I will not be making any monetary investment, only my time and talent.
What is an average or reasonable equity percentage to expect in a situation like this? I am also thinking about some kind of quality based bonus structure. Has anyone had experience with this sort of situation? How are quality based bonuses structured along with equity stake profit payments? I want to go into this knowing what I would be getting in to. Our overhead is very low and I would expect we would be profitable shortly after start up.
What is an average or reasonable equity percentage to expect in a situation like this? I am also thinking about some kind of quality based bonus structure. Has anyone had experience with this sort of situation? How are quality based bonuses structured along with equity stake profit payments? I want to go into this knowing what I would be getting in to. Our overhead is very low and I would expect we would be profitable shortly after start up.
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