I am a creative director who has had my own design business
s-corp) for 20 years and has worked with on all levels of advertising, branding, photography and strategic planning. I recently was introduced to a woman whom became another client. Upon review of my portfolio (which is quite extensive) and the fact that our work relationship went so smoothly she decided to introduce me to an idea that she had for a new business. Within a few weeks of conversing on the subject she asked if I was interested in "starting a business" with her. She brings her business mind and connected network to the table and I bring vast creativity, network and 20 years of applicable experience. (Your typical creative / business joint venture
The last few weeks have been a whirlwind, name development and acquisition, logo and branding development, web (e-commerce) initial development, etc. We have no formal agreement.
After the name was decided on (which I developed) she set up an s-corp. The online name is XXXXX XXXXX name, the s-corp is in hers. We are at the point of structuring how the relationship is going to work short and long-term and she is asking for me to sign the name over to her. I''m not ready to do that yet. She is saying that her attorney, accountant and dear friend (who is owner of a huge .com, yes you would know them) is telling her that she has nothing to offer (from an ownership perspective) at this point. Confusing to me.... She''s asking for an offer of what I am expecting. Also, I am putting no money in upfront but tons of "sweat". My hourly rate would be somewhere between 65.00 and 85.00 depending what I was doing from the creative/branding side and I am putting in vast amounts in all other areas as well.
In closing, I really have enjoyed working with this woman and like her as a person, we have the same vision, etc. We bring the right mix of talents to the table to create something successful. I''m feeling a little slighted and not sure how valid that is. I am the over-achiever right brain creative and stuff like this makes me crazy. What is the best way for me to do this. Any advice would be greatly appreciated.