Contract Traps Entrepreneurs Should Avoid At All Costs - Sweet Sixteen Kisses of Death
InfoChachkie
MAY 5, 2011
If you enter into a development or trial partnership for free, you are allowing the BDC to forestall its ultimate determination of the value of the partnership. BDCs can afford to hire large staffs to adequately track all of the evergreen provisions in their contracts. Never agree to such a provision. You will not have that luxury.
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