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Legal Definition of Joint Venture
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A "revenue stream" is simply another name for income, but possibly because it sounds more sophisticated than the word "sales" or "salary," was borrowed from investment talk where assets are said to have a "future revenue stream" or from government where it is less crass-sounding than "taxes"—the phrase has come into current use in business to mean sales. More specifically, the phrase is often qualified by modifiers such as "new" or "additional"; it has thus gradually ...
a business analysis is to consider the legal aspects, then the business aspects. In considering the legal aspects, begin with the following premise that applies to both options. If you put someone into business (or allow them to use your business name/mark) this transaction will normally be a regulated activity, subject to substantial penalties for noncompliance. This guiding legal principle, coupled with the business aspects of selling a franchise vs. a license (discussed below) will answer most franchise vs. license questions. Advice from a competent franchise attorney is indispensable. ... Read More
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