Congrats! You'be created a solution that seems to be viable, if we are to trust the skills of the people you pitched. The first step is to get a lawyer. The la

Congrats! You'be created a solution that seems to be viable, if we are to trust the skills of the people you pitched. The first step is to get a lawyer. The lawyer needs to tell you if you need a business entity. You are dealing with a piece of intellectual property. You don't want them to steal it, modify it, and cut you out of the equation without paying you. If they do that, the contract needs to be clear so that when you sue them, the judge can clearly see how they violated your agreement. Another option is to sell them the rights to the software for a lump sum payout right now, of monthly payments etc etc etc. This would of course be easier but less profitable. Another thing to consider is the time duration of the contract. You don't want to give them rights forever-- what happens if they have exclusive rights and they don't sell anything because they are incompetent or lazy? Now you can't sell your own product either, and you make no money. You hold all the power in this situation :) Send me an email if you need more help and I'd be happy to chat more. waybetterthansaas@gmail.com