we keep track of all start-up expenses together? We are very transparent. We will provide access to a shareable spreadsheet that you can view anytime.
If by chance we wind up being under budget on the initial costs, will the leftover funds be split between us?
There is typically about 6.84% in taxes that must be paid out.
We have a team working strategically on finding locations and they will be paid with any leftover funds.
It's all about creating a quality luxury space and not entirely on saving money, even though that is always our intention.