I agree with the additional comments below, but whether you incorporate as an LLC or set up as a partnership or carry on by yourself, if you are going to ask someone else to join you (leaving aside the exact legal nature of your relationship)you must protect your intellectual property rights and if you carry on working with someone else and don't get the legals sorted there are risks.
Thanks Samantha. My thoughts right now is to structure our relationship now, while there really is nothing more than the product. Then, as the company forms around it, we'll deal with the more complex legal matters later.
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I agree with the additional comments below, but whether you incorporate as an LLC or set up as a partnership or carry on by yourself, if you are going to ask someone else to join you (leaving aside the exact legal nature of your relationship)you must protect your intellectual property rights and if you carry on working with someone else and don't get the legals sorted there are risks.
Thanks Samantha. My thoughts right now is to structure our relationship now, while there really is nothing more than the product. Then, as the company forms around it, we'll deal with the more complex legal matters later.