Partnership agreements · Startup

Would an big comapny considering working with a startup pay for the startup's travel expenses?

Anonymous

April 17th, 2017

The company suggested they'll either visit me or they'll want me to visit them as we view each other's products and discuss a partnership. If they want me to travel to see them, should I expect to be reimbursed? Who brings that up in conversation?

Mike Moyer

April 17th, 2017

Only ask for reimbursement if you decide you don't want to work with them!

Dane Madsen Organizational and Operational Strategy Consultant

April 17th, 2017

No - unless they volunteer it, it is your expense.

Bob Fucci Sales and Revenue Growth, Strategy, Advisor, Speaker

April 18th, 2017

I would suggest you not ask for travel reimbursement - it raises a red flag on your financial resources. If down the road it becomes more of a workshop/training vs. the kind of meeting your describing, I would consider asking for the partner for reimbursement.

Bennet Bayer Global CMO, Strategy & Tech Exec Ronin ♦ Mobile, Cloud, ICT/IDC, The IoE & Big Data Business

April 19th, 2017

Having been, "the big company" for 20+ years, more than a red-flag for me, it is an immediate we don't want to have anything to do with these (little) guys. Partnership means that...each puts skin and resources, into the game.

RMD

April 20th, 2017

OK.. I'm going to against the grain here and say that it depends on the purpose of travel. If this is a consulting type gig, then travel is billable, though managed by prior agreements and limits. If this is a technology development or sales partnership, then no, it would not be reasonable to ask for travel reimbursement.