The first matter for you to conclude is to agree the terms of a shareholder agreement between the two founders. This shareholders agreement should govern the management of all significant governance matters. Without this you will subject to the constitution documents of the company and local co...
Hi - so happy to hear your company is growing so well in a very advanced field. From my experience please consider the following. (I can email you additional things but here are key concepts) 1. Intellectual Property Is your "old" IP properly protected as you enter the JV? Now what happens to ...
Are you looking for a partner or a vendor?
A member buyout option for a startup partnership LLC can be structured in a number of ways, depending on the specific circumstances of the partnership and the agreement of the members. One common way to structure a buyout is for the purchasing member(s) to pay the selling member(s) an agreed-upo...
Having worked in a large non-profit, I'd need to know whether your product aligns with the mission and the goal priorities of our organization (the first hurdle). You might be surprised to know that non-profits get approached about being involved in a lot of things. Whether something is "free" or...
You can use a Factoring company (someone who purchases invoices). And likely they'll require some sort of seasoning of recurring payments before purchasing. You can go for Angel capitol + will have to give up a big chunk of income. If possible, write your own bridge loans by writing balance tr...
Depending on the market, a bank is going to look at a combination of low-cost customer acquisition (particularly in strategic growth segments), mass-market desposit mobilization, credit portfolio growth and fee-based income. The respective weight of these, in terms of relative importance, will de...
LinkedIn, Glassdoor, or search the experts here on Clarity. Good luck!
I’m a Business and Life Strategist with over 20 years of military service, and we’ve submitted numerous bids to government and commercial entities. If you’d like to partner with drug and background screening companies, first you need to develop a white paper to present a new product or service t...
I've been in a very similar situation as yourself. In our case the company split into two for better operational flow. I was the CEO of one company and was trying to figure out how to structure the other one. Unfortunately, the answer to many of your questions depends on further details. But I'...