Answer: AVVO: Structuring a silent partnership without actual ownership

Question: Structuring a silent partnership without actual ownership

Have a high risk, high reward business venture that my business associate and I are struggling to find the right structure. For liability reasons, I don’t want to technically have ownership in the company-but I will be providing critical resources to the company such as all funding and all of the knowhow. Any suggestions for an alternative structure to actual ownership?

Answer From Brad Bickerton...I am going to answer my MBA ... perspective ...I push back on not wanting ownership. I’m not sure what your ‘liability reasons” are....consider convertible debt or profit sharing agreement.

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