homepage Welcome to WebmasterWorld Guest from
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Become a Pro Member
Home / Forums Index / WebmasterWorld / Professional Webmaster Business Issues
Forum Library, Charter, Moderators: LifeinAsia & httpwebwitch

Professional Webmaster Business Issues Forum

How to Form Partnership with existing business
What are the terms and conditions to set forth?

10+ Year Member

Msg#: 871 posted 5:41 pm on Jun 16, 2003 (gmt 0)

I am currently in talks with forming a partnership with an individual over a website that is in the exporting/importing industry. I have access to the web stats and it looks like he gets an average of 660 unique hits a day. The domain name is pretty well ranked in the search engines but could use a little help. Its PR5 right now.

How should I propose terms for a partnership? I need to be compensated for my time, etc. I would be working on the design and doing some ground work to increase the revenue. I don't know where to start, please help!



WebmasterWorld Senior Member fathom us a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

Msg#: 871 posted 5:56 pm on Jun 16, 2003 (gmt 0)

Starting partner relationships can be tricky > there is no direct "how to" guide.

The bottom line is trust > at both ends > without this the relationship is doom.

For me > I will do all work upfront and at my expense provided one of three things occur:

1. the partner puts up sweat equity of similar value, or

2. I receive a greater return over the life of the relationship, since taking the risk burden of the relationship in advance, or

3. be compensated at "cost" plus "time" > so the partnership can start on equal terms with no residual partner-building work being outstanding.

This doesn't help alot > but regardless of who works, who doesn't etc., if not entering the partnership as equals > one or the other will always feel "shafted" and if so the relationship is doom to fail.

Global Options:
 top home search open messages active posts  

Home / Forums Index / WebmasterWorld / Professional Webmaster Business Issues
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved