Forums: Discussions for entrepreneurs and small business.

I happened to run into a business owner who is looking for someone to get into a "licensing agreement" with to expand his business.  I would use his business name and entrepreneurship skills.  Should I be putting up all of the funds to open the business?  How much of the profits are usually given?  Whats should I be aware of so I am not screwed?  Can I ever "buy out" of giving some of my profits? Help!  When do I get to look at the books to establish whether the earning potential is what I need?  When do I need to hire an attorney???? Thanks in advance for any advice!

I handle these types of matters.  You can contact me to discuss.  Good luck.

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James Lindon, Ph.D. Patent Attorney
Lindon & Lindon, LLC
Cleveland, Ohio
Patents, Trademarks, Copyrights, Pharmacy Law, Litigation
[this is not legal advice - provided for discussion only]
Intellectual Property for the Individual and Small Business: Identify, Protect, Enforce, Defend.
"Fools rush in where angels fear to tread."
http://www.LindonLaw.com

Thank you.  What is the best way to reach you?

Carol