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Consulting ettiquette filter: what would Emily Post suggest?

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While we are both looking for full-time work, a friend suggested starting a consulting business. Our skillsets are complementary and we like each other, so I said yes. She has worked as a consultant before, but I have not, so I have questions if you have worked in a consulting partnership. Obviously, if I take on some pro bono work in a particular area, I wouldn't expect her to participate, but if I am offered some contract work for pay independent of the consulting partnership, do I share the work and the revenue? Just the revenue, if it's not something she feels comfortable doing? Is it common to have multiple kinds of relationships with different clients, or should I expect as the business grows that most work will flow through the partnership?

I ask because right now, I have been networking like a fiend in search of my next job, and some of the connections I've made have offered pro bono opportunities that could round out my skills in essential ways, and contract work - so I didn't solicit them on behalf of the partnership, but I don't want to inadvertently screw my new partner. Advice?

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