Quote:
Originally Posted by Angry Jew Cat
For the longest time I never heard of anyone doing joint ventures with one another in online marketing, not until I started learning more about promoting mainstream stuff and met some better mainstream webmasters. People get together on projects in mainstream all the time. I know a few people working on both sides of these types of arrangements, with happy people on both sides.
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I would hazard a guess most people in those arrangements, especially if big dollars are on the line, will have some sort of operating or management agreement in place. It lays out the details for each side, and based on their strengths or what they bring to the table.
More importantly the terms on which to end, and who owns what should it end. Including the profit or revenue sharing, and payment schedule(s).
