The partnerships tag has no wiki summary.
2
votes
1answer
82 views
Existing Consulting Biz - Looking to grow, considering new partners
This is a difficult question(s) to get in a succinct message.
I run a profitable consulting firm since 2003, specializing in IT consulting. We focus on 1 'package' from a large software company ...
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 ...
-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
2answers
96 views
What to do when partners have dropped out?
This is my situation. I had an idea and wanted to start developing it into a product. I brought in my first "partner" which is a guy I work with on a regular basis, I kicked some ideas around with him ...
2
votes
1answer
108 views
What should I watch out for when closing an LLC?
I'm declaring one of my startups kaput and moving on to another. The first venture, Stronico Contact Management, was an llc and had a ten percent partner. We declared it closed by mutual agreement ...
4
votes
1answer
345 views
Irrevocable Proxy! how can it go wrong?
I have been a co-founder of a start-up that is beginning to take off and make some noise and hopefully is on the right path :)
The question arises because until now the 3 co-founders (me & a ...
1
vote
1answer
156 views
Business proposal: good or bad?
The situation is this. I am a software developer that, in his free time, has developed a software library for a specific purpose. I use it to write custom applications that I sell or sell directly the ...
4
votes
1answer
130 views
First equity what questions should I ask and how?
Last month I was offered for an equity on a startup venture. It's an online store focus on selling customized toys. Their business models looks good and promising. But I just have few doubts and ...
1
vote
2answers
231 views
Wealth Dynamics, is it actually useful or just overhyped?
I have just been sent a link, from a somewhat trusted source, to a system for catagorising Entrepreneurs and before handing over the money wanted to see if anyone else has heard about it.
From ...
1
vote
3answers
151 views
I have startup in education[forprofit] domain what should I do next?
I have made a start-up, we are a group of 4 members. We are trying to build educational service model in which we provide animated materials, audiobooks, e Learning service to schools. Animation and ...
0
votes
3answers
276 views
How do we split the equity when one partner simply provides the idea while the other partner builds the software [duplicate]
Possible Duplicate:
Forming a new software startup, how do I allocate ownership fairly?
A friend of mine came to me (I'm a software developer) with a software project idea that he had and ...
1
vote
2answers
70 views
Is multitasking in a start-up (even a big company) advised?
Im asking this as im not sure whether it is better to have partners, who are good in more than one discipline (eg sales/marketing and development/programming), share their time across departments or ...
0
votes
1answer
176 views
Registering a company in India with multiple activities
I am from Chennai, India. I'm planning to start a few different websites in sectors like recruitment, social networking, health care, IT solutions, matrimony, real estate, promotion of products, ...
2
votes
3answers
441 views
Determining net worth when a partner leaves
I am leaving a partnership, and trying to determine my share so I can sign off.
The partnership was 80%/20%, with the 20% going to me. I am the programmer, he is the idea owner.
My partner ...
3
votes
3answers
174 views
When to ditch a partnership
I have been working on a project for a little over a year. This project was my partners idea, and we agreed to a percentage of the stake when it gets done. (he gets the majority)
Originally, the ...
3
votes
3answers
134 views
Is it legal or even common to require business partners to sign a prenup in the event they get married?
I'm considering starting a company with a few friends. Each of us are single guys. We're wondering, is it legal or common for a company to require other owners to sign a prenup in the event they ...
1
vote
1answer
102 views
Partners in an LLC
I'm about to bring on two partners in my LLC. However both have indicated that the "partnership" would be between my company and each of their incorporated entities.
Is that normal?
What is the ...
1
vote
3answers
256 views
Possible drama in a starting startup
I know this is TL;DR material but I'm just trying to sort this out and feel I might need an outsiders view.
I was approached to become the CTO and co-founder of a startup. The founder pitched me the ...
0
votes
1answer
67 views
How to make sure ,to be partner won't turnback after getting the lead
We are planning a start up website to sell few products which are available locally but have quite demand on other places.
Here to outline I have the following experience:
1. Strong Technical ...
1
vote
1answer
52 views
How can we leverage a good design idea in the apparel space?
Some friends and I have come up with a unique design idea in the apparel space. This is NOT our core competency, but we've presented the idea publicly, and gotten extremely positive responses.
I ...
3
votes
1answer
139 views
First partnership that could get us half a million users - help!
We are a startup currently building a prototype version of a software with 20 developers within the websemantics field. We are developing a really innovative tool and have already received the ...
2
votes
3answers
225 views
How much is groupthink an advantage for the early founding years of a startup?
Well, recently I had a chat with my current boss over my previous experience of getting booted out from a startup due to having different views from the 2 founders (they were very gd friends and ...
1
vote
2answers
423 views
I'm a part-time founder working with two full time partners. What is an appropriate equity share?
This is an update to a question I posted a few weeks ago.
Help would be GREATLY appreciated.
I'm a co-founder of a new startup with two other partners. We are just hammering out terms (equity share, ...
0
votes
4answers
943 views
Is 50/50 partnership in an LLC a good idea when partner has idea and money?
I have seen similar questions, but am curious if this seems like a fair arrangement.
Partner and I have already started a 50/50 split LLC.
Myself: Technical vision, skills, no capital investment ...
1
vote
1answer
86 views
How can this be an equal partnership?
I have a business.I met someone for a completely different reason, but we got along so well and we eventually started talking about starting another business (like the one I already have,but as ...
-1
votes
4answers
208 views
Is this the wrong way to go about creating a startup
I'm tech side; he's business side.
We're about 3-4 months in, and he works full time (closer to 50 hours a week) at another job. I'm a full-time student.
I asked my business partner when he was ...
2
votes
3answers
231 views
Where to find coders interested in a seeded start-up based in Italy?
We are 3 partners and friends based in Milan, Italy, who started a crowdsourcing site which allows academics to work on short-term assignments.
We launched in March of this year, and managed to get ...
2
votes
2answers
131 views
What is the compensation for time/technical expertise other than equity in a start-up?
I am an Audiologist and have started a couple of clinics with a friend. He already owns a full-time clinic and now we have started two visiting sites of that permanent site. I have left my job and ...
3
votes
5answers
654 views
How do I find good developers to join a start-up on a low-budget
Im located in Minneapolis,Mn. Im starting up an online business here in U.S with market focus in Africa.Im building an e-commerce (auction) site for the growing African savvy internet users.
I am ...
4
votes
2answers
608 views
Allocating equity - equal cash investment - unequal time investment
I am getting involved in a small start up - we have been discussing (3 partners) this for a few months and now is time to get everything settled.
We originally discussed a certain time allocation 4 ...
1
vote
1answer
44 views
Consulting on work related to future planned product
We recently approached a large company with a proposal to build them an application we thought they'd find useful.
The idea is that they'd partner with us to get it developed and get unlimited use ...
3
votes
3answers
117 views
Approaching big corps for partnerships
I've created a series of mobile games that could be effectively re-branded with products of large corporations. I'm an independent developer and already have a generic one being sold and can use it as ...
2
votes
4answers
1k views
How to take a draw in a multi-member LLC?
My business partner and I are forming an LLC. As I understand, members of an LLC are not employees and therefore are not on payroll. Instead they pay themselves by taking a draw from the LLC funds.
...
1
vote
2answers
353 views
How to split up LLC ownership?
My friend and I are planning on forming an LLC around some services we are providing.
I am working fulltime on our services and started the initial work 6 months in advance
My partner has a fulltime ...
7
votes
3answers
230 views
Role of Business Partner While Developer is Developing
So... in a startup... im the techie/developer of the business, my partner is the business side.
While, I'm developing this elaborate application... what should he be doing? What do business people do ...
1
vote
2answers
117 views
Splitting up revenue
My partner and I decided to split up a partnership (things just weren't working out between us). We have some apps on the market that are still generating revenue, we decided the best thing to do was ...
0
votes
1answer
189 views
Splitting up a partnership
I been running a startup as a partnership since April of this year, my partner and I have slowly but surely gotten to the point where we can not work together anymore. I believe if we continue to work ...
1
vote
2answers
125 views
Dealing with passive “partner” in directive position
I'm somewhat of in a pinch and I'd appreciate your insight on how to solve things for the best. We've been operating like a company for about 1 year, and I say "like" because we haven't really got ...
0
votes
1answer
578 views
What is the difference between a Business Partner and Co-Founder?
Maybe it's just semantics, but I am putting the word out that my biz will benefit from either.
We have pushed a product off the shelf and are starting to acquire customers, yet the effort has grown ...
3
votes
3answers
106 views
When/How Often Do Startups Join Together?
I asked this on my blog, but then realized this would be a good forum for discussions so am asking here as well:
How Often Do Startups Join Together?
In talking to and mentoring dozens of startups ...
2
votes
2answers
553 views
Is sleeping partner considered as investor?
My partner and i are from different countries
(1) My partner will fund the startup idea
(2) I will be the working partner and the idea will be executed in my home country
Please give your advice on ...
0
votes
4answers
60 views
How can I get public business information regarding a small company?
I would like to verify the claims a small business is making, regarding ownership.
How can I research this and see if they are making false claims, or misrepresenting the real nature of their ...
2
votes
8answers
1k views
20% equity and CTO. (Story and details). Is this fair?
This is a long exposition.
Please bear with me, I think that I need to provide as much specifics as possible, while keeping it as short as possible. Thanks for reading, any feedback is much ...
0
votes
1answer
90 views
Marketing Education ERP with partners
We have an ERP product that is targeted at schools, colleges, small & large institutes.
We are looking to sell this product online with SaaS model.
The product is ready and we are now looking ...
0
votes
2answers
45 views
Minority share holder/ advice wanted
I have a business partner who has contributed 15% of the total or our small business, but will be contibuting around 40-50% of the workload. He will also gain 100% profits for his own work which will ...
1
vote
4answers
282 views
How to find reliable business partners
I've been trying to get involved, get my name out there, and network with fellow local entrepreneurs in my area. I am a 22 year old developer/designer, student and entrepreneur at heart.
From what ...
1
vote
1answer
171 views
Leave Seed Stage Startup - Partnership Issues
My partner and I started an online service. When we formed the idea for the company, we came out strong with a lot of energy, but it seems as if my partner's priorities are now elsewhere.
I'm the ...
3
votes
2answers
185 views
Where to find mentors/advisors for garage stage startup company?
I have an idea related to healthcare communications and am trying to find mentors/advisors who would be willing to guide my partner and I towards success. I live in Silicon Valley.
I was wondering ...
0
votes
1answer
170 views
Pay a lawyer to convert partnership to LLC or do it myself?
I recently started a partnership (4 months ago) and now I want to convert it over to an LLC. We are starting to generate profit and we would like the limited liability protection. I've been thinking ...
0
votes
2answers
119 views
How to negotiate exclusive deals/offers to my site's members?
I would like to have a directory of companies that have exclusive deals/offers to my site's members (based on vouchers and coupons). So, basically I would have to contact companies and ask them if ...
