Ok, I understand what you're saying now. I'll talk to an accountant to figure out the details.
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Ok, I understand what you're saying now. I'll...
Ok, I understand what you're saying now. I'll talk to an accountant to figure out the details.
I did some more research and I was wondering if...
I did some more research and I was wondering if we should consider his payment a royalty or commission? I think that a royalty is normally something paid when intellectual property is used. If we...
Ok cool. Our agreement does not say that he gets...
He's a contractor/vendor. He's getting a royalty payment for the use of his device. It's not a big deal. He's not an employee, since you're not directing his moment-to-moment activities. If the...
What should I legally consider my friend who is helping out with my business.
I am in the process forming an LLC so I can sell a product I am developing via my LLC. I am forming the LLC with a business partner who is also developing the product with me. My partner and I have a...