The partner tag has no wiki summary.
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1answer
158 views
Equity distribution when taking investor / partner to develop a successful existing business
i am the sole shareholder of a well-established service business with 10-years of expertise and recognition in our industry locally.
We have an opportunity to grow by creating multiple new locations. ...
0
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2answers
129 views
How to go about getting a controlling vote on decision making?
I am starting a business with my partner. The company does marketing related services. Initially, it was assumed that the company is going to be 50/50 between the both of us.
However, recently I was ...
0
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1answer
59 views
How Long is A Sidekick Obligated to Be Your Partner? [closed]
Thanks for your help guys. I'm trying to understand the terms of "employment" for a startup side kick.
Basically, I've got a good idea for a startup. There's a kid who's going to Yale who wants to ...
1
vote
2answers
56 views
Micromanaging partner
We are a start-up working on a few projects and trying to build some strategic products alongside. This is a 3 member partnership setup with a development team of about 15 people. One person, let's ...
0
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1answer
65 views
Partner Asking For Investment Back
I recently just started an IT business. I built the product and got the product out there and brought in clients already.
I asked a friend to partner with me to build the company. I gave him 30% of ...
1
vote
2answers
80 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 experience ...
0
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2answers
52 views
Should initial contribution or future contribution determine equity stake?
I just launched my business which I have been developing for about a year. And in less than 2 months the business already has about 12 dedicated clients and we have made sales and refilled our ...
1
vote
1answer
36 views
Do I need my own lawyer on a partnership agreement modification
Back story:
I'm the majority equity and voting power holder in a multi-member LLC (Three members, I will call partnership). A year ago we had a partner's wife, who is a corporate lawyer, create a ...
0
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1answer
47 views
Recommended Business Structure for Group of Part Time App Builders
A few friends and I have started building small apps and WordPress plugins in our spare time, and I'm wondering what would be the best business structure (LLC, S-Corp, etc) as I think it's almost time ...
1
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5answers
341 views
Divorcing A Partner Without An Operating Agreement
Here's the scenario: Myself and 2 partners have been working on a project since January. Since we are all friends (mistake number 1) we orally agreed to split the future company's equity three ways ...
3
votes
2answers
159 views
What to offer sales biz dev first hire / partner for product that has early sales traction?
Background:
I am a developer with a SaaS product that is bringing in revenue, but not enough to pay a sales person's salary (yet). The company shouldn't need outside funding. The product is ...
234
votes
7answers
138k views
Forming a new software startup, how do I allocate ownership fairly?
I have come up with an idea for a new social networking application. It's not something I expect to be hugely successful, but I think it does have some potential. I've approached a few close friends ...
0
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1answer
22 views
S-Corporation Filing an extension with profits
So, you have a S-Corporation with profits, there's an ownership dispute with a court date in May, after the filing date of March 15th.
Should the S-Corporation file an extension? So normally, ...
1
vote
4answers
291 views
I have an idea that I am almost sure that it will be successful but no time to do it
I live in Athens, Greece. I have an idea that is really simple to do. It just needs a blog, a twitter account and a facebook page for support.
The problem is that i don't have the time to work for ...
4
votes
3answers
818 views
How do I find an equity partner for my running start-up business?
I have an internet based business that is up and running. So far I have 556 paying clients that have used our service with no marketing dollars spent to date. It is a working concept that needs more ...
1
vote
4answers
473 views
How to motivate partners
Sometimes when the going gets tough, team members gets discouraged. Though we embrace failure here and eat it like lunch, some people are not confident enough in themselves to take failure positively.
...
0
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0answers
29 views
partnership models [closed]
I am trying to form a LLC with a Non resident. He has a company overseas running for 10 years. Both of us have a technical background.
My responsibility is to form LLC,open bank a/c coordinate with ...
2
votes
3answers
405 views
How to deal with this sensitive situation (reputation management)?
Both I and a close friend are involved in separate startups. I'll cut to the chase. I am essentially a geek, and don't like "beating about the bush", or unnecessary "hyperbole" or "hype". I know my ...
4
votes
4answers
432 views
Startup Employment Considerations
A former co-worker of mine has started an LLC that is owned 100% by him. He has asked me to assist him in market research / analysis and sales, based on the theory that I will come on board and be ...
6
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5answers
5k views
How to find a programmer to partner with and bring programming in-house?
Currently I have been personally funding my tech related start up idea by paying a developer to get it to the demo stage where it is now. In order to get it to the next level the costs increase as I ...
0
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4answers
273 views
Where can I find a good SEO/SEM as a partner?
my partner and I are looking for a 3rd business partner who can run our Marketing (SEO/SEM). Is there a good resource out there that can find these sort of people? Any pitfalls to watch out for?
This ...
4
votes
9answers
584 views
Do friends make good co-founders?
When starting a new company, it is curial to get the right team in place, or the business will never go anywhere. While it is possible to go at it alone, co-founders can be a great asset, if they ...
1
vote
1answer
108 views
Partnership disagreement
My business partner and I have formed a partnership, we are in the process of drafting our partnership agreement.
One of the points that he wants on there is:
If one of the partners leaves they ...
-1
votes
1answer
55 views
Importance of Business Networking in a Tech Company
Everybody seems to think the opposite, but does it really matters how well you are connected with others entrepreneurs, developers or VCs when you own a tech company?
It seems obvious that it helps ...
1
vote
0answers
88 views
Partner is leaving, is there any common legal agreement that will allow him to return?
We have a company that has three business partners (all of us are liable for whatever happens in the company). One of the partners is temporarily leaving the company as he can't fulfill his duties ...
2
votes
1answer
146 views
Revoking a Partner's Equity
I am involved in a startup and one of our minority partners (owns 15%, vested 25% of that 15% with the rest over the next two years) is not meeting his side of the agreement.
I think we have the ...
0
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1answer
66 views
Structuring a stock earnout on start-up?
We are contemplating a start-up with 2 main founders, who will put cash in and work in the business, and 2 angel investors who will only put in cash.
The way we want the ownership to work out is:
...
0
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0answers
48 views
How to find a Software Product Partner [closed]
We are into Human Resource Management Solutions (HRMS) Software since last 4 years and have done pretty well in the domestic market . We have our own Web Based solutions with 20+ modules in it with ...
1
vote
4answers
2k views
Where can we find a partner to build a startup?
I am interested to build a startup. But I need a partner, most probably someone that has the skills that I don't have. I have technical backgrounds in web development and scrum project management. Now ...
2
votes
2answers
94 views
Finding an accountability partner or mentor
Are there any online resources for finding an accountability partner for a startup.
It could be in the way of a mentor.
3
votes
3answers
217 views
Channel Partners : How to calculate their Cut/Commission
We are developing product which is SAAS based and is expected to launch by August 12. I am in the process of finding Channel partners/*.Partners, who would help me sell the product in respective ...
8
votes
9answers
2k views
How to resolve conflicts on a 50/50 startup?
We are going to found a startup with equal shares.
One as the product/tech partner being the other the marketing/sales partner.
We are going to found on a 50% equal shares. Not 51/49. Just 50/50.
...
1
vote
3answers
161 views
Steps before starting a partnership
I have seen quite a lot of questions/doubts and concerns here on http://answers.onstartups.com about partnerships. Splitting, percentages, responsibilities, legal obligations etc etc.
In my opinion ...
2
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5answers
251 views
How to built a Trust relation with a prospective partner, whom I just e-met on an online forum
I am a first time entrepreneur, still in the initial phase. I have a good business idea in the online travel industry. I've some experience in the industry, but as a business analyst and not ...
0
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2answers
138 views
Meeting with potential partners: should I make them sign a NDA?
I'm a Web developper and have a dating website idea.
I'll meet in the next few weeks some webmarketers that could be my potential partners.
I'll talk about the idea of course and make them an ...
1
vote
1answer
288 views
How Claim Operating Expenses on Pass Through Multi-Partner LLC
The LLC has operating expenses (e.g., internet, phone, etc.). How are these passed through to the partners? Form 1065 ln 20 provides for Other Deductions such as these (I believe). However, Schedule K ...
0
votes
1answer
424 views
How to convert a single member LLC into a LLC with multiple members?
I started as a single member LLC. I found some great partners. How do I add them into the LLC as members?
What needs to be signed between us, is there a specific document we should maintain?
Who ...
5
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5answers
615 views
What is the best method for me to invest money into my own startup?
All of the current investors in the startup are also employees, and we're investing equal amounts of money into the company. What is the best vehicle for this type of investment, where ownership in ...
2
votes
3answers
120 views
Protecting myself with a new business venture at the VP
I really need advice in how to protect myself with a new venture I took on.
In January 2011, I became an adviser and sat on the board to a beverage company as I taught the CEO about channel ...
0
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2answers
193 views
How to find people with business background to complete the team?
We are a very strong team technology-wise but little start-up/business experience on board. It would make an awful lot of sense to extend the team with someone who potentially has start-up experience ...
1
vote
4answers
381 views
Having trouble dividing the pie w/ my partner, care to help cut the slices?
On January 15 a buddy of mine (who is not technical with a full time job in the social gaming/payment space) came to me (an independent Web Strategist SEO/Social Media looking for my next big thing) ...
0
votes
2answers
150 views
I'm a designer, but need help. Where to find?
I run a business by myself as an HTML/CSS designer. I also do the graphics, the back-end, and customize scripts to fit my clients needs. I also have to draft contracts, keep track of accounts ...
8
votes
14answers
758 views
Argh! Not knowing how to program holds me back
I have experience in running a business, in marketing, research, strategy, customer service, business development, and I have some very important ideas that I want to transform into businesses. ...
1
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0answers
85 views
Equity for a technical cofounder [duplicate]
Possible Duplicate:
Forming a new software startup, how do I allocate ownership fairly?
I'm a developer who has been in contact with a nontechnical cofounder to become the technical ...
1
vote
1answer
97 views
International Business Partner
I've finally found someone I wish to extend an offer to as a business partner and make him a part owner in the company, only he's international. The company is an LLC based in the USA and this ...
1
vote
3answers
237 views
What happens to equity as the company grows?
What happens when you start a company using Joel's Totally Fair Method to Divide Up The Ownership of Any Startup with two technical founders whose roles change over time?
Imagine the case where the ...
1
vote
3answers
256 views
How do you find developers that will join a new company?
Though I have come across many developers, I still cannot find where there might be a place where Senior developers who love to work in start ups can be found and who understand financial constraints ...
2
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3answers
117 views
Where to find a partner for an e-learning startup
I am an owner of popular website, devoted to services for learning of English words. This market is a very competitive, but we have small growth. I want to establish a company in the United States, ...
0
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1answer
124 views
Inputs on partnership startup
I am planning to work as a partner in a startup along with my friend. Since he is a critical resource so he is taking a major chunk of the equity and holds the decision making power. I being a part ...
2
votes
1answer
71 views
Where do I start in finding partners?
I am looking for startup partners for a website and mobile application that is similiar to shopkick but with a different approach. How would I go about doing this I have alot of information as to how ...
