How to Create a Joint Venture

A joint venture is a strategic alliance or partnership between two or more parties that allows both parties—usually companies—to increase their ability to build their separate businesses. Joint ventures are commonly used by companies to bec...
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A joint venture represents the optimism of two firms that they can unite to achieve marketplace goals that neither could achieve alone. Some joint ventures work, some do not. Sikander Shaukat, Managing Partner of Resource Dynamics and alumnus of London Business School, describes the steps that will maximise the chance [...]
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Depending on what you want from your business and how fast you want to get there, joining forces to create a more powerful presence in your market may be an attractive option. Joint ventures can help you grow the amount of business you do and the size of the projects you take on without growing the actual size of your business.

Savvy business owners looking to expand their revenue channels will keep a watchful eye for opportunities leading to growth, profitability, and additional market share.