jonescmj1 wrote:
The simple answer is my, 'My husband has no interest whatsoever, in Newport County' The money is not mine but ours, if I go behind his back I am being deceitful, hence why I want the small initial investment to be from a Newport based entity. I can then offer our time and expertise, gratis. It's really that simple.
Similarly, you could draft an NDA Pro bono and include a disclaimer, or give guidance to someone else drafting an NDA. If you can't do that whilst ensuring you protect yourself, I'm gobsmacked.
Thanks for the birthday wishes, it's much appreciated. Read Lushes p&Ls and remove the brisks and mortar overhead, pr ask an accountant to walk through them with you. I'm hoping to catch up with BignBeefy when interstate free travel is restored. He, I believe has a set of skills sufficient to assess the potential.
Kind Regards,
Colin
Colin,
A number of points. You claim that you can't spend any money because it belongs not to you but to you and your husband. I think you'll find that most of us regard common ownership means 50% of the finances belong to each. If you really believe that you require you husband's consent to spend at most $600 out of a turnover of between $1,000,000 to $2,000,000 then I am truly gobsmacked. Further although your husband as no interest in Newport County he is on your account willing to lend his expertise. Sorry Colin that part of your reply simply doesn't hold water.
I have no intention of drafting a Non Disclosure Agreement for you. Firstly I can't simply waive accountability for my actions. Secondly, I don't have the skill set. Although this concept appears straightforward to me I will explain it by analogy. To ask me to draft an NDA would be akin to asking a plumber to lay bricks. After all their both in the building trade. Thirdly as I have said from what I have seen of your scheme it relies on people working for nothing. I'm all in favour of volunteers but they have to be supernumerary. Your idea, as I see it, can only work if people offer their labour for nothing. That is not a basis on which a business should be predicated. It is certainly the type of venture I would have nothing to do with.
Colin I think your heart's in the right place but frankly I really do think you need to re-evaluate this idea.