Agree with ^redacted‌'s comments. Great perspective. It really depends on the terms of the operating agreement regarding control, buy/sell provisions, tag along & drag along rights, etc. As long as the person is good to work with and you want to have them in the picture and the operating agreement or governing documents have adequate protections and rights, it's not a problem. It's important to know however what, if any, decisions would require unanimous vote or their vote and how you could buy them out in the future and have an established mechanism for such buy out and sufficient terms so that it will be a seamless process. Happy to chat further. You can schedule a complimentary consultation through the link in my bio. I also have a course that discuss this and other aspects of structuring a deal called Acquisition Insights that's linked in my bio as well.

Will a bank backed by the SBA fund this proposed acquisition? If so, much must be unpacked to provide the correct answer, including the proposed percentage of the minority owner, daily work responsibilities/relationship with customers, etc.