To have a successful partnership or alliance the following framework elements are critical to write out in defined in detail. This may seem like a lot of upfront work that is been shown over and over to this best practice saves time and money for all parties involved.

The typical elements are: business plan summary, objectives (ours, theirs), roles (ours, theirs, overall resources, boundaries, market model, exclusivity, intersections, detailed objectives and detailed resources, financial pie-split, intellectual property, working processing governance, term and termination.