get it in writing. I was part "owner" (me and about 5 other people) in a small startup, and got unceremoniously booted after less than a year, with *jack* to show for it.
However, to help the present situation - is the $CUSTOMER aware of the billing arragement? If so, inform them. I would at least sink the $500 or so to talk to a competent attorney about it. I don't know where you're at, but in a lot of US States, a verbal contract is just as binding as a written one, assuming there is a friendly witness. |
