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Table Of Contents
Introduction – Keys To A Successful Joint Venture . . . . . . . . . . . . . . . . . . . . . . . . 3
Chapter 1 – What Is A Joint Venture? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Chapter 2 – Who Should Consider A Joint Venture? . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Chapter 3 – Where To Meet Joint Venture Partners . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Chapter 4 – What To Look For In Joint Venture Partners . . . . . . . . . . . . . . . . . . . . . . . 10
Chapter 5 – Ways To Hold Your Joint Venture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Chapter 6 – Using A Joint Venture Broker . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Chapter 7 – Meeting Joint Venture Partners Online . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Chapter 8 – Starting A Joint Venture With A Foreign Entity . . . . . . . . . . . . . . . . . . . . . . . . . . 17
Chapter 9 – Marketing Your Joint Venture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Chapter 10 – Starting Your Joint Venture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Chapter 11 – 10 Reasons To Start A Joint Venture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Chapter 12 – What Can Go Wrong In A Joint Venture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Chapter 13 – Keeping Your Joint Venture Going Strong . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
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Introduction – Keys To A Successful Joint Venture
A joint venture can afford your business to grow in ways that you never would have dreamed of 20 years ago. Today, thanks to the internet, more people are forming joint ventures with one another and becoming successful because of them. There are joint ventures that are formed with people from all over the globe that are booming. Not only are people making money, but they are getting to experience different cultures and marketing plans. Those who are involved in such ventures are finding that they are not only making a profit, but growing as people at the same time.
The world is no longer large. The internet has allowed us to get connected to people we otherwise might not have met. One way that people are connecting is through business. Savvy business owners and investors are discovering joint ventures and how they can help them expand their current businesses as well as teach them business tips that they can use in the future.
In order to create, maintain and grow the best joint ventures, you have to understand everything about a joint venture such as what it is, what makes it such a viable option in today’s business climate and how it can help your business. This book will explain to you everything that you need to know about joint ventures including how you can form the best type of joint venture for you.
Chapter 1 – What Is A Joint Venture?
You have probably heard about joint ventures as they have become more common in the past few years, especially with regard to investing. But what is a joint venture? If you are like most people, you may have assumed that it was a type of entity.
A joint venture is not a separate entity. It is comprised of either individuals or businesses for the purpose of a single project. It is a partnership between two or more individuals, corporations, LLCs or other entities for a single purpose. This can range from investing in a foreclosure to a shopping mall. A joint venture is a type of partnership that has a limited purpose.
In order to set up a joint venture, you must meet with the other principals of the venture and draw up a legal contract. The contract will specify the purpose of the joint venture, the duties of all of the principals and how the property or assets of the joint venture can be owned. The joint venture can be a corporation, a partnership or an LLC. What makes a joint venture different is that it is not an entity in itself, rather, it is formed for a specific purpose, which makes it the joint venture.
One common use for a joint venture is for home investments. Many people today are looking to invest in real estate. The fact that the real estate market is at the bottom has made many investors stand up and take notice as this is an excellent opportunity to buy. However, not everyone has money in which to invest in property. This is where the joint venture comes in.
A joint venture can pair one person up with money who does not have the time nor the inclination to look for foreclosures and short sales, with another individual who has all the time and expertise in the world but not any money. The two parties can agree on a joint venture.
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- Year Released/Circulated: 2008
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