Starting a Business

We split the cost of an ecommerce site package, but have decided not to be partners.

min read
Opinions expressed by Entrepreneur contributors are their own.
If the software license was purchased for one user (the company), having the two of you share it for your individual ventures is probably a violation of your software license agreement.

You may think it's silly to "pay the people twice," but you would be engaging in copyright infringement if you don't. Either buy another software package (and both of you can split that cost, assuming you split the cost of the first one), or see if there might be a less expensive option of getting an additional license associated with the software.

But in the latter case, you would want to have an agreement between the two partners as to how you are disposing of the assets of the business (including the software). Otherwise, you run the risk that if your relationship cools, you will start to fight over assets.

More from Entrepreneur

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.