Business Partnership ProposalTemplate For a contemplated Partnership, Strategic Alliance or Joint Venture (JV) between [COMPANY A] (or “COMPANY A”), [COMPANY B] (or “COMPANY B”). Submitted by: COMPANY B . This proposal contains the proprietary information of [COMPANY B] and shall not be shared outside of the above named parties. i PandaTip: This sample business partnership proposal is a preliminary proposal with a specific partnership in mind. Feel free to customize to suit your needs. Background. [COMPANY B] met with COMPANY A and COMPANY C and shared with them its plans related to [DESCRIBE THE BUSINESS VENTURE]. [COMPANY B] possesses rare insights and expertise necessary to develop systems and applications related to the above, while COMPANY A has the resources needed to develop such systems and applications. The parties believe there may be mutual benefit in forming a business partnership or strategic alliance and pooling their resources and assets in order to pursue the objectives below. Objectives of the parties. i PandaTip: It’s important to show that you understand the objectives and that both parties are aligned in terms of what those objectives are. COMPANY B COMPANY A DEVELOPMENT Web-based DIY Intellectual property. In this sample business partnership proposal. COMPANY B owns intellectual property. Capital/Software . methods and processes needed for the development of the systems and applications contemplated above. i PandaTip: In a partnership. including. Company B is a startup business that has certain ideas and intellectual property while Company A has the means to bring those ideas to life with capital and human resources. NOTE: the arrangement could be set up where funding is sought from outside COMPANY A. The below table shows each parties’ anticipated contributions during the development and execution phases of any strategic alliance or partnership that may be entered into. it’s imperative that you show what each party’s contributions and responsibilities will be. plans. application Web-based Data & Intellectual property.Catalog Management – A DIY web-based platform wherein… (COMPANY A & COMPANY B) A more sophisticated application for comprehensive project-based catalog management services (COMPANY B) Data & Analytics – A web-based data and analytics platform that will give… (COMPANY A & COMPANY B) Contributions & responsibilities of the parties. platform Project-based Intellectual property. Capital/Software PHASE Catalog including plans & Development Management know-how. COMPANY A brings capital/resources and marketing and business development expertise as well as expertise in hosting and managing online subscription-based platforms. but not limited to. Capital/Software Catalog including plans & Development Management know-how. EXECUTION PHASE Web-based DIY Consult on Website hosting & Catalog upgrades & sales maintenance & Management support customer service & platform sales & marketing Project-based COMPANY B will Catalog perform all efforts Management related to projectbased/non-DIY services Web-based Data & COMPANY B will Website hosting & Analytics platform share data & maintenance & provide sales customer service & support sales & marketing COMPANY B will perform all royalty accounting Sales support Sales & marketing COMPANY B will have right of first refusal for these services Rights in Developed Software & Services. COMPANY A clients including plans & know-how. i PandaTip: Ownership of jointly developed or funded intellectual property (IP) can be contentious. Intellectual property. Intellectual property. so it’s important to set expectations early on in the process. COMPANY B COMPANY A . Capital/Software including plans & Development know-how.Analytics platform including plans & Development know-how. The below assumes a strategic alliance will be formed. Capital/Software including plans & Development know-how. The following depends on legal structure of the arrangement. Intellectual property. platform Rights/ownership in musical works in whole or part to be agreed – subject to existing agmts. A discussion around revenue share. This could get complicated. but we need to clarify a number of items for that kind of agreement (e. Right of first refusal / Templates / Business Proposal Templates / Business Partnership Proposal Template on… Legal considerations. revenue/profit splits or royalty payments). DEVELOPMENT Web-based DIY Ownership of IP and Perpetual License to PHASE Catalog Tech be agreed Project-based Ownership of IP and Perpetual License to Catalog Tech be agreed Web-based Data & Ownership of IP and Perpetual License to Analytics platform Tech be agreed Ownership of IP and COMPANY B may Tech opt to license as Management platform Management application add-on to DIY catalog mgmt. profit share or royalties is dependent on the legal considerations above. Given the complexities. Revenue or profit splits / royalties.g. AGREED BY THE PARTIES: ___________________________ ______________ . This potential alliance or partnership could take a number of forms. A JV could be construed as a partnership and if a JV is desired. We will leave this TBD for now. a strategic alliance agreement may make the most sense. it may make sense to set the JV up as an LLC for liability reasons. [COMPANY A REP] [COMPANY A] ___________________________ ______________ [COMPANY B REP] [COMPANY B] Start using PandaDoc with this template GET THIS TEMPLATE / Templates / Business Proposal Templates / Business Partnership Proposal Template .