Here's the scenario. A local news paper company approached me in creating a news portal for him. But instead of paying me for the development we would just be sharing on the website's earning.
Now, we really don't have an idea on how much we can earn on the website because it would be our first time. So he just told me to create a proposal for him, so he could approve the idea.
1st Question:
My question is what do you think is the proper percentage in splitting up the revenue? (60% for me - 40% for the company is I have in mind...)
2nd Question:
Since we're planning to get the revenue from ads (Adsense and Clickbank), How can we make sure we do proper splitting? Are we gonna be creating a company's account for every Ad company? or we just need to trust each other?
3rd Question:
Is there any suggestions?
I hope my question is in the right section. I would also make this as a wiki, since i'm not looking for a definitive answer.
Thanks!
[added info] ----------------------------------------------------------
A small city in the philippines. Total Population is 150,000. We're not planning to get traffic locally since we will only be getting 20% of it (Most of them don't use computer). We are planning to get more traffic outside the country.
Adsense and Clickbank are just what we have in mind. Another is paid post. Other than that we don't know other option to maximize our revenue. Suggestions would be great.