My silent partner wants to have more to say about business

I needed cash to start our Heating and Air Conditioning repair service.

I had 10 years of experience and I was exhausted of making cash for someone else.

I didn’t have really good credit due to a divorce. My dad was going to co-sign for a loan, but one of his business friends provided myself and others a odd route. The guy provided to become our silent partner. That guy put up all of the cash necessary for a year of operations, equipment, and supplies. In turn, he wanted a portion of the proceeds. All of us agreed to the terms of the deal and our partner agreed to a silent section of the contractor. I didn’t want anybody else trying to tell myself and others how to run the day-to-day operations. I didn’t mind paying the guy for the loan, however I wasn’t going to have anybody else tell myself and others how to run our contractor. The first time we had a disagreement about business, our partner instantly said he wanted to have more to say about the day-to-day operations. I proinspected heavily and the guy eventually backed down. I need to find a way to spend money off all of the cash that he put up, so I can get him out of the picture once and for all. He clearly doesn’t want to be a silent partner. The guy calls myself and others everyday for an upgrade on the Heating and Air Conditioning business. When sales are lower than expected, the guy tries to offer helpful advice even though he doesn’t have the first clue about how to run a heating and air conditioning repair service.

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