joint venture: • How will the money be divided? (Common splits include an even 50-50, 60-40 with the higher share going to the partner who does more work, and 45-45 with 10 percent reserved for administrative costs.) • What are the responsibilities of each partner? • What kind of information is shared between partners? • How will the project be jointly marketed? • How long will our agreement be in place? • How often will we touch base to discuss the partnership? Check
