What should you look for in a potential business partner before setting up your intellectual property? How do partnerships affect intellectual properties? What are some of the pros and cons of business partners when it comes to intellectual properties?

Learning Goal: I’m working on a business writing question and need an explanation and answer to help me learn.

Hello! Here are the questions that must be answered for the essay:

What should you look for in a potential business partner before setting up your intellectual property? How do partnerships affect intellectual properties? What are some of the pros and cons of business partners when it comes to intellectual properties?
What are some of the pros and cons of a management deal vs a lease deal? Which one of these deals would you be more inclined to incorporate in your future/next business venture?
What things should you consider before signing a lease? What is Tenant Improvement (TI)? Why is it a good idea to always try to negotiate TI?
Why is having a critical path so important to the pre-opening plan of any business? How does making lists help with staying on track with your business’ critical path?
I have attached a picture of the rubric as well. It has to be 3 pages.

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