Joint Venture
Why joint venture could accelerate your business growth?
Because your business will share:
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intellectual property,
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assets,
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knowledge,
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expertise & skill sets,
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technology advances to cut cost,
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advertising & labour to cut cost,
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profits.
What is a Joint Venture:
A joint venture (JV) is a strategic alliance where two or more parties, usually businesses, agree to form a partnership for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. A common use of JVs is to partner with a local business to enter a foreign market. A joint venture differs from a merger in the sense that there is no transfer of ownership in the deal. A joint venture (JV) is not a partnership. That term is reserved for a single business entity that is formed by two or more people. Joint ventures join two or more different entities into a new one, which may or may not be a partnership.
Our Mission Is to
Take Your Business to Higher Ground
HOW
COULD
WE
HELP
YOU
TO HAVE
A JOINT
VENTURE
To identify:
- the need of JV whether for researches, production or both,
- the goal/s of the venture
- projects to take on,
- to either to operate separate entity or operates jointly as separate entities,
- potential JV partner/s.
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The number of parties involved
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The scope in which the JV will operate (geography, product, technology)
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What and how much each party will contribute to the JV
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The structure of the JV itself
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Initial contributions and ownership split of each party
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The kind of arrangements to be made once the deal is complete
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How the JV is controlled and managed
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How the JV will be staffed
To do:
- set up the legal structure,
- possible to Project Manage it.
Mapping Your Route To More Success
Our Core Values
We practice what we preach
Lightbulb Moment
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Have a winning idea?
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Do you need a winning idea?
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Looking for solution?
Brain Storming
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Questionnaire
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Assessment
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Initial ideas and/or solutions
Proposal
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Which route to take!
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Steps to be taken!
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Time lead!
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Cost options!
Agreement
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Draft
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Agreement
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Signed & activated
Delivery
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Support long beyond delivery
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Future discount
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Review
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Referral