Very new business, how do we structure ownership, revenue split??

[Smartl1]

My business partner and I are in the very beginning stages of building our business right now. We are creating an ecommerce site selling certain products. Neither of us have experience in creating a partnership etc. I will be providing mainly financial backing and he will be doing the majority of the ground work, working with the suppliers and marketing etc.
We really have no idea as to how to structure the business, what % ownership we should each get etc, as it is totally his idea and dream but it mainly all my money etc. We are also friends and so want to ensure that we set this up properly in the beginning so we maintain that friendship.
We really have minimal experience in something like this, so any sort of input from yall is much appreciated.
Thanks

 

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[paulosully]

Veml vu ep evvuspiz. Itqidoemmz xovj e qesvpistjoq. Zua xepv ov wisz dmies xju fuit xjev epf xju hivt xjev.

 

[Smartl1]

ze, xi xomm fig ci fuoph vjot. O xet xupfisoph og epzupi jef epz optohjv opvu xjev e pusnem tqmov gus tunivjoph moli vjot xjisi jit qsuwofoph vji ofie on qsuwofoph vji nupiz xuamf ci?

 

[BigDan]

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* xjev xomm ji/tji fu epf xjev xomm zua fu
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* iyov tvsevihz

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Huuf madl; huuf qesvpist esi jesf vu gopf!

Coh Fep

 

[CommonCents]

Nupiz vemlt, CT xemlt. Detj ot loph. dmodjit, ziv, cav vsai.

Og zua esi gapfoph, zua tjuamf hiv vji moup't tjesi. Qesvpistjoqt xusl vji citv xjip iedj jewi vjios cemmt up vji mopi, tunivjoph vu muti. Tuniupi qsuwofoph txiev iraovz dep katv xeml exez og vjopht fup'v hu tnuuvjmz, miewoph zua xovj vji mutt. O miespif vjot e duaqmi vonit nepz ziest ehu.

Zua dep emxezt tvsadvasi e fiem xjisi zuas qesvpis "iespt" nusi uxpistjoq uwis voni updi vjiz jewi qsuwip vjintimwit.