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PDF Editor FAQ

What kind of business agreement can you have, if you are not investing money into the business - just your expertise?

There are a couple of ways you could structure this -Sweat Equity Agreement - You could think of this as being similar to ESOPs. Except that you aren't technically an employee and you receive partial ownership upon reaching certain pre-determined milestones, say, for example, making a very crucial business introduction or securing a government contract.Revenue Sharing Agreement - If your expertise lies in securing huge contracts or signing big clients for the business, then you should work things out with the company in such a way that for every dollar of revenue generated from the clients sourced by you, you get a %. Somewhat like a finders fee, except that this could be recurring and not a one time payment.Profit Sharing Agreement - If you are an operations person or a turnaround expert working with a company to cut costs and bring it back into the black, then you could be entitled to receive a pre-agreed portion of profits. However, this is contingent upon favorable results being achieved - if operating costs are lower than the previous year by a certain % or if opex is brought down without affecting production levels etc. The benchmarks for measurement will obviously be way more stringent in this case.Hiring Consultant Agreement - This is very similar to utilizing the services of an external head-hunter. You don't necessarily work for the company but you get a cut (equivalent to the new recruit's X month(s) pay) from the company for every key person that you help bring on board.There could be some other ways of compensating you for your expertise but these are some of the popular ones that have a long-term or repeat element built in to the arrangement.Hope this helps.

Will there be a third Spiderman movie in the MCU? Is the news about sharing arrangement between Sony and Disney coming to an end true?

Sony’s sharing agreement with Disney for the Spider-Man character ended with Spider-Man: Far From Home. Sony and Disney have been negotiating to extend that agreement, but at the time of this writing, negotiations have broken down.According to Variety:The dispute stems from Disney’s demand that future Spider-Man films would be financed on a 50/50 basis with [Marvel Studios president Kevin] Feige remaining in a consulting producer capacity. Sony is believed to have proposed keeping the arrangement under the current terms, which stipulate that Marvel receives about 5% of first-dollar gross and all merchandising revenues.Disney is believed to have expressed concerns that Feige was spread too thin due to other Marvel projects plus original projects for Disney Plus.[1][1][1][1]A compromise deal between Sony and Disney might still be reached, but currently no talks are going on. If a deal is not reached, Marvel Studios will not have the right to use Spider-Man in any future Marvel Cinematic Universe film.Footnotes[1] http://Here is what Variety says is the reason for the impasse in the negotiations between Sony and Disney to extend their sharing agreement with Spider-Man: >The dispute stems from Disney’s demand that future Spider-Man films would be financed on a 50/50 basis, while Sony proposed keeping the arrangement under the current terms, which stipulate that Marvel receives about 5% of first-dollar gross and all merchandising revenues… >Disney is believed to have expressed concerns that [Marvel Studios president Kevin] Feige was spread too thin due to other Marvel projects plus original projects for Disney Plus.[1] http://Here is what Variety says is the reason for the impasse in the negotiations between Sony and Disney to extend their sharing agreement with Spider-Man: >The dispute stems from Disney’s demand that future Spider-Man films would be financed on a 50/50 basis, while Sony proposed keeping the arrangement under the current terms, which stipulate that Marvel receives about 5% of first-dollar gross and all merchandising revenues… >Disney is believed to have expressed concerns that [Marvel Studios president Kevin] Feige was spread too thin due to other Marvel projects plus original projects for Disney Plus.[1] http://Here is what Variety says is the reason for the impasse in the negotiations between Sony and Disney to extend their sharing agreement with Spider-Man: >The dispute stems from Disney’s demand that future Spider-Man films would be financed on a 50/50 basis, while Sony proposed keeping the arrangement under the current terms, which stipulate that Marvel receives about 5% of first-dollar gross and all merchandising revenues… >Disney is believed to have expressed concerns that [Marvel Studios president Kevin] Feige was spread too thin due to other Marvel projects plus original projects for Disney Plus.[1] http://Here is what Variety says is the reason for the impasse in the negotiations between Sony and Disney to extend their sharing agreement with Spider-Man: >The dispute stems from Disney’s demand that future Spider-Man films would be financed on a 50/50 basis, while Sony proposed keeping the arrangement under the current terms, which stipulate that Marvel receives about 5% of first-dollar gross and all merchandising revenues… >Disney is believed to have expressed concerns that [Marvel Studios president Kevin] Feige was spread too thin due to other Marvel projects plus original projects for Disney Plus.

Which industrial designers will enter into a revenue sharing agreement for a new product idea?

We are asked about this very frequently by new clients that are just getting a business off the ground and need help with their product design. We tell the clients that while we are always open to discussing these arrangements, it is VERY rare that we end up going down that path. If you are serious about getting the design consultants into this arrangement with you, I would make sure that you approach them as though they are a prospective investor (which they basically are). That means you should have a really compelling market case and business plan. In addition, make sure that you can demonstrate to them that you do indeed have the ability to get the product launched, marketed, maintained, and serviced.

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