Collaborating on a project, product, or service with another business or brand is a great way to expand your reach and get your business in front of more people. Using the Collaboration Agreement template is a best practice for any collaborators to be clear about how their collaboration will work, answering questions like:
What services/ products/ etc. will each side be responsible for providing in the collaboration?
Who will pay whom, or will profits from the collaboration be split?
Who will pay the expenses for the collaboration?
Who will own the intellectual property that results from the collaboration and what are they allowed to do with it (publish, sell, etc.)?
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