VideoPost: ‘Open to Partnerships’ – Going into business with others

This VideoPost is a 3 part series on the tips and traps of going into business with others.  It was recorded at the Radisson Blu Hotel in Sydney in November 2013.

Each of the 3 parts lasts for about 25 minutes, giving a total viewing time of around 75 minutes.

View a copy of the slides for this seminar here.

For more information or assistance on going into business with others, call Andrew Andreyev on 1300 654 590 or email him at andrew@andreyev.com.au.

What is this VideoPost about?

Going into business with others can be one of the most rewarding things you do – whether they be family, friends or third parties. Sharing the highs and spreading the lows is much more fun.

But it can also be one of the most expensive things you do. So often we see people build significant wealth within their businesses, only to see it destroyed when they fall out with their fellow entrepreneurs. The key reason things go wrong is that the parties fail to agree on their expectations at the outset, and fail to plan the exit.

In this seminar you will learn how to get into business with people in a manner that will enable you to stay in business successfully, and then get out with your fair share of what you have built.

Among other things, we take you through:-

  • The importance of setting expectations
  • Identifying and managing contributions
  • Funding growth
  • Choosing an appropriate structure
  • What documents you require, and the key terms that must be included – including Partnership Agreements, Shareholders Agreements, Constitutions, Exit Deeds, etc
  • How to plan and implement a ‘clean exit’
  • Particular issues for family businesses
  • A framework for clearing the air – not just meeting requirements

Ultimately this seminar is about preserving your relationships with your business partners.


Our Great Lawyer Guarantee

We want to be part of your team over the long term. We'll achieve this by sticking closely to the following principles:

  • We'll listen carefully to understand what you want to achieve. Then we'll thoroughly explain our advice and step you through the documents. You can be sure you'll know the full consequences.
  • Our lawyers work as a team, so someone will always be available to answer your questions, or point you in the right direction. You will also benefit from a range of perspectives and experience.
  • One of our key goals is to pass on as much knowledge as we can, so you can make your own informed decisions. We want to make you truly independent.
  • We only do what we're good at. You can be confident that we know what we're doing and won't pass on the cost of our learning.
  • For advice and documents, we provide a fixed or capped quote so you don’t take price risk. If you're in a dispute, we'll map out the process and costs so you know what to expect.
  • We're not in this game for our egos. We're in it for a front row seat to witness your success

We measure our success on how efficiently we have facilitated your objectives, enhanced your relationships, and reduced the level of stress for all involved.

If we sound like people you can work with, call us now on 1300 654 590 and speak directly with a great lawyer.

Call 1300 654 590 and speak with a lawyer

You’ll be put straight through to a great lawyer who will guide you to the right solution.

Who owns the IP?

Who owns the IP?

So, you’re running a business and need to develop a system to identify trends in customer activity on your website. You’re about to hire a software engineer to lay some code, and the question of who will own the IP comes up in your negotiations over the Software Development Agreement…

read more