JoeP
11-24-2012, 02:46 PM
Hello, I plan to contact a lawyer, but wanted to see if anyone had initial thoughts on my situation. (I'll be brief)
5 years ago a partner and I started a business. It was his idea, and I created the website and handled all of the business operations. (orders, processing, billing, etc) We had a 50% partnership; his half was to find customers and mine was to run the business. Well, about 1 year into it he decided to stop finding customers and told me that he wanted out because it wasn't worth the time. At this point, I had put in hundreds of hours on web development and operations.
So, 4 years later, I want to restart the business but with a completely different concept. Different billing concept, different target market, new name, new website... the only thing I'm concerned about is it's still based off of his idea. The LLC we formed was dissolved and I plan on being sole owner/operator of this new concept. We never trademarked or patented anything.
Any thoughts about this situation? I haven't started yet, but I am completely setup and ready to go.
Thank you for your time!
Joe P
5 years ago a partner and I started a business. It was his idea, and I created the website and handled all of the business operations. (orders, processing, billing, etc) We had a 50% partnership; his half was to find customers and mine was to run the business. Well, about 1 year into it he decided to stop finding customers and told me that he wanted out because it wasn't worth the time. At this point, I had put in hundreds of hours on web development and operations.
So, 4 years later, I want to restart the business but with a completely different concept. Different billing concept, different target market, new name, new website... the only thing I'm concerned about is it's still based off of his idea. The LLC we formed was dissolved and I plan on being sole owner/operator of this new concept. We never trademarked or patented anything.
Any thoughts about this situation? I haven't started yet, but I am completely setup and ready to go.
Thank you for your time!
Joe P