In Vogue Business Formations

There’s been a lot of buzz, and success, with new business formulation models. Products of the so-called sharing economy. How do you know if the model your prospective partner is using is solid? How do you know if it’s even legal? If their model won’t stand up to government inspection over time, what risks are you exposed to? While third party vendor risk management should be aware of concerns like this, it typically is blind to them. But if you’re basing partnership decisions on this, it goes much deeper than just TPVRM. You need to know their setup is solid and what, if any, risks you’re exposed to so that you can balance that out. There are opinion books on this, but there’s not a lot of fundamental data. You can start with this research overview.