small business

Strategic . . .Partnerships?

Short Title: 
Teaming Arrangements

Clients sometimes come to me to discuss “partnerships” they want to enter into with other parties. I try to dissuade people from using the term “partnership,” because it has legal implications. Technically, a partnership is an association of two or more persons engaged in a business enterprise in which the profits and losses are shared proportionally. The legal definition of a partnership is generally stated as "an association of two or more persons to carry on as co-owners a business for profit."

Tamara's Recent Presentation

Short Title: 
Speaking Engagement

Tamara spoke last week about "Building Value Through Intellectual Property" to the FastTrac Growth Venture participants at the Denver Metro Small Business Development Center.  Highlights included an extensive question and answer session about the ins and outs of copyright and trademark law, weighing risk vs cost, and an explanation of common law intellectual property rights contrasted against the benefits of federal protection. 

Getting Together . . . And Staying Together

Short Title: 
Commitment

You meet at a function, or maybe someone introduces you to each other, pointing out how much you have in common. You are attracted to each other; his strengths seem to make up for your weaknesses, and vice versa. She’s great with numbers, while you’re good at strategy. You spend time getting to know each other. After a few weeks/months/years, you’re ready to take the next step . . . no, I’m not talking about getting married, I’m talking about starting a business together.