Please share your views on re-establishing cooperation
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At the beginning of the year, I wanted to collaborate with a friend to invest in a project together, but neither of us had the necessary resources. So my buddy wanted to use his father-in-law’s facility and equipment, taking advantage of their free time and space to get the work done. As a result, my friend fell out with his father-in-law, and our plans came to nothing. Recently, my friend called me again and said that he had managed to talk things over with his father-in-law; the old man has agreed to let us use a piece of space, and we can also use some of the equipment. He is planning to acquire more equipment as well and has invited me to join him! Everyone, share your opinions. Thank you for participating; great answers come with rewards!
Insist on signing a contract – what if we argue again next time?
What was said upstairs makes sense. There’s an old saying that goes, “Even brothers should keep accounts clear,” and indeed! Not only with his father-in-law, but there should also be a cooperation agreement with him! Thank you, I’ll discuss it with my friend!
A contract, of course, must be strictly followed – nothing can be changed! At the same time, attention must be paid to the distribution of profits in the event of future success, as well as the ownership of intellectual property rights!