Are there any industry standards in company disclosure when taking on a business partner?
We are a manufacturer and brand owner. We are looking at a single investor taking firstly 30% ownership, and then 60% ownership.
At stake is company proprietary information including product formulations, batch manufacturing records, customer lists, access to social media postings etc. etc.
Are there any industry acceptable guidelines as to the level of disclosure at say 30% ownership, and then 60% ownership?
Dr. Mike Thair
Cofounder & Chief Formulator