I am nearing readiness to launch a site for which I am looking to bring on a couple of SMEs (existing market participants) as sweat equity partners. I am drafting a letter to gauge the interest of these potential partners in joining me.
You are not my lawyer, and when the time comes to formalize relationships I will of course engage professional services. However, at this preliminary stage, I don't believe that professional services are justified.
My question is whether or not I need to worry about the possibility that this inquiry of interest 1) may potentially be misconstrued as a binding offer of partnership, and 2) whether or not there is any specific language that I can include in the communication to prevent any such misunderstanding.
Thanks for your advice