3 ms·

I really wonder how many companies have done this. They enter into an agreement for a buyout and then after a series of say 3 or 4 payments simply declare they

I really wonder how many companies have done this. They enter into an agreement for a buyout and then after a series of say 3 or 4 payments simply declare they own the company now and start using the trademarks and logo and effectively push out the original company. If I owned a small company and was engaged in some form of agreement like this I'd be petrified something similar would happen.

dexterdog 11y ago
That's why you have to make sure you have a good contract with all potential what-ifs covered. Then the big company will have to find a what-if that you didn't cover and if you're luck it will be ridiculous enough that you won't need a massive legal team to defend your agreement. Either that or you go into it just hoping to get all of the money, but you make sure that the up-front money is enough to keep you floating down the river.