Typical Compensation Package for an Outside Operator
What is the typical compensation model for an operator / GM / CEO who is brought in at the tail end of diligence, may invest alongside me (but not a requirement) and will do more of the day to day execution of the business? Would like to give them some deal economics outside of what they invest if they grow the business.
How would this change at different EBITDA levels: $500K, $1M, $2M?