As an entrepreneurial advisor Gérard runs a one-man office. This office has the classic legal structure of a private limited company. For the sole reason to limite his legal liability. For every idea that is put on the market as a brand name, a mutual agreement is drawn up and no additional formal legal structures are created. The individual PLCs are the contract partners in the mutual agreement.
There are two alternative scenario’s:
One party owns the brand name and draws up an individual mutual agreement with each of the business partners (eg Familieopvolging and IFMS in the medical department).
All partners own the brand name and draw up a single joint agreement (eg The New Tradition and The Glass Elephant).
If you care to receive an example of such a joint or individual mutual agreement please send us an email.