Partnership Questions


1 Votes
3 Answers
845 Views
Should I join this guy's startup team?

Background:A guy reached out to me to join his drone company. I have been fascinated with drones for some time now, I bought my own and I have been toying with the idea of a drone business...

asked Aug 15 '14 at 17:45
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JayJay
106 points

2 Votes
1 Answers
541 Views
Should I allow well wishers to participate as investors?

I have raised seed money from institutional investors. While I am going through the final documentation stage, three of my business well wishers are requesting to participate in this round as angel...


0 Votes
2 Answers
810 Views
Division of Profits

My husband and I are starting a food truck chain and asked my parents to go in business with us. We would come up with capital and all preparation and they would come up with operations and...

asked Dec 10 '13 at 06:30
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Daniela
1 point

-1 Votes
2 Answers
412 Views
Should a partner who is handling sales receive commisions plus half of the profits?

I am starting a two person partnership. We are offering a service at 500.00 a month per client, the operating costs are 150 per month per client. We will be giving salesmen 20% (100) leaving approx...

asked Oct 24 '13 at 14:19
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Michael Nesmith
1 point

1 Votes
1 Answers
508 Views
How can I work out how much my mobile app is worth from these earning figures?

A CEO of a bigger company has contact me today asking if I am interesting in selling my Android application. He is asking for the numbers straight away and how much I want to sell it for. The app...

asked Oct 16 '13 at 01:06
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578841441
111 points

1 Votes
0 Answers
402 Views
Student Visa LLC

A couple of weeks ago I had a classmate of mine pitch me his iOS application idea. It was actually very good and I am ready to begin working on it with him however, there's an issue. My classmate...

asked Sep 15 '13 at 00:57
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Anthony Geranio
6 points

-2 Votes
1 Answers
336 Views
Need to determine equity

8 months ago my friend and i started a business. I was the only person who gave the startup capital and working full time for the business. My partner worked part time for the business and for the...

asked Aug 12 '13 at 18:56
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Nik
1 point

1 Votes
1 Answers
1.07K Views
What is a good structure for a partnership MOU?

When two or more people are evaluating a business model, they may desire to have a MOU (memorandum of understanding) to document their expectations about how they will share responsibilities and...


1 Votes
1 Answers
332 Views
What start date to use for LLC

We converted our existing business from a sole proprietorship to LLC. The State filing date is May 2013 but we were already in business previously. Can the start date of the business as an LLC on...

asked Aug 8 '13 at 01:58
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Stefni
6 points

-1 Votes
1 Answers
333 Views
How do I reach decision makers to offer partnership/ barter?

I have already sent dozens of partnership suggestions and got 0 reply. My workflow: Get the list of the websites of companies that might be interested in my offer. Look for...

asked Jun 12 '13 at 03:15
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Max81
8 points

4 Votes
5 Answers
879 Views
How to structure a development partnership with an unfunded startup?

My co-founder and I have a fledgling software company. We recently started talking to a non-technical entrepreneur who is looking for a development partner. He has potential backers, but needs to...

asked Jun 16 '13 at 05:27
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Dan Ellis
71 points

2 Votes
2 Answers
584 Views
Partner leaving, tough situation

Recently I found myself in situation, where I can't decide what the most appropriate act would be. 15 Months ago me and 2 other friends started to work on new cloud software solution. We each...

asked Jun 18 '13 at 09:21
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Tic Tac
13 points

2 Votes
3 Answers
533 Views
If someone is investing money as terms of a partnership is that money to be repaid as a loan?

My brother had an idea for a business and asked me to be his partner. His idea was for me to have 20% ownership and he has 80%. He is going to fund the business (at most $20,000) and believes that...

asked Apr 10 '13 at 23:32
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Dina
11 points

1 Votes
2 Answers
506 Views
Value of technical expertise vs. industry connections, initial risk, and business management

I have been given an offer to join as a partner for an existing startup as the technical owner, and am not sure what is fair in terms of equity. The current owner has the connections and...

asked Apr 24 '13 at 08:43
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Guest215
6 points

2 Votes
2 Answers
429 Views
Ending a partnership--how to handle the loan

I would like to end my parternship (50-50 ownership split) but continue to own and operate our Company. My partner has loaned (formally, in our operating contract) the Company $10k. Along the way,...

asked Mar 27 '13 at 11:01
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Sarha
11 points

3 Votes
1 Answers
443 Views
Can I form a partnership if one of the partners is out-of-country?

I am a Canadian software developer who is currently harbouring an open-source project that I am currently working on with one other person, who lives in Chile. Eventually I want to turn the...

asked Mar 15 '13 at 00:15
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Joe Z.
116 points

1 Votes
2 Answers
578 Views
Who owns the programming in a disolving partnership?

I am a 50/50 owner in a small dissolving LLC. To this partnership I brought my software and through the course of several years continued to develop it. In the partnership agreement there is...

asked Mar 17 '13 at 01:16
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User25503
6 points

1 Votes
2 Answers
436 Views
Seeking For Start Up Funding

I am an entrepreneur in Zimbabwe, Africa seeking for funding to start up an import business of mobbile phones and accessories in our country from China and Dubai. How can i easily get a partner or...

asked Feb 20 '13 at 20:11
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User25117
6 points

0 Votes
1 Answers
454 Views
How do I ask help and search people for contribution for my git/open source project

I am basically involved in wordpress site development but a self starter for rails. I want to transform my idea into a rail app and I am contributing it on git(at a very initial level this time),...

asked Feb 24 '13 at 21:24
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Swapnesh
113 points

3 Votes
2 Answers
472 Views
Software Contributions to a LLC Partnership

I have a 33.33% stake in an LLC partnership, which was made with cash contributions. I have since developed software with an associate who is not part of the company that we would like to sell as...

asked Feb 26 '13 at 08:31
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Frank
16 points