How Do I Calculate Shares for Converting My Partnership into a Private Limited Company?

Dear seniors, I am thankful in advance for your input and help. I started a partnership firm with a friend of mine who also invested in seed capital. After a year, seeing the potential of the markets and the demand for our goods, I now want to convert it into a private limited company by selling shares to friends and close family.

Calculating Shares for a Private Limited Company

I have gone through many websites and articles about sharing shares/equity but am still not sure about it. How can I calculate the shares of my company? Or how many shares can we give to shareholders?

Please help.

Sincerely,
Ben

Equity Division Insight

This might give you an insight on how to divide the equities.

[img]http://i2.wp.com/fundersandfounders.com/wp-content/uploads/2013/05/how-startup-funding-works-infographic.png?resize=660%2C878[/img]

Read more on this: Funders and Founders

Regards