I aim to make your day-to-day seem less day-to-day, and help you focus on achieving your long term goals. I provide overall business strategy advice (operational and sales/marketing ), corporate financial strategies, as well as capital raising and M&A advisory. Geared towards small, medium, and large non-public companies.
Hi - so happy to hear your company is growing so well in a very advanced field. From my experience please consider the following. (I can email you additional things but here are key concepts)
1. Intellectual Property
Is your "old" IP properly protected as you enter the JV? Now what happens to the new IP, is it shared?
Do you maintain control of your brand in the JV? What is the branding of the new JV?
3. Scope of Work
You must always have a proper scope of work defined in a JV, otherwise it opens up possible issues for you and the other party when one party deviates
4. Dissolution of JV
How do you get out of a JV if you want to? Is it automatic triggers, is there an exit clause?
Hope this helps!