2. Joint Venture is a win /win collaboration
between two or more people, sharing
resources to solve common problems
and achieve goals.
• No limits, no catch, no selling, no
manipulation, no risk.
• It can be called a Strategic Alliance or
Partnering as well.
4. Team up with joint venture partners and
establish a mutually beneficial
relationship, (and start making a profit
from your project in less time than you
ever thought possible.)
5. No small business today can afford to
ignore the rewards of joint venturing!
7. Spreading Prices
You and JV partners can share prices associated
with advertising, product or service
improvement, and other expenditures, reducing
your monetary burden.
8. Opening Accessibility to Fiscal Assets
• With each other you plus a JV accomplice may
have greater credit or far more assets to obtain
bigger resources for loans and grants than you
could obtain on your own.
9. Improving Obtain to New Markets
• You and your JV partners can combine client and
contacts with each other or even create a joint
products or services that accesses new markets.
11. Develop Stronger Innovative Solution
• With each other you and also a JV companion may
be able to share suggestions to produce a product
that's a lot more competitive within your industry.
12. Increase Speed to Market place
• With shared entry to economic, technological, and
distribution means, you along with a JV accomplice
can get your joint item into the market place
quicker and a lot more efficient.
13. Strategic Move Against Competition
• A JV may perhaps be able to better compete against
another business leader by means of the
combination of markets, technologies, and
innovation.
15. Synergistic Causes
• You may possibly come across a JV partner with
whom you are able to create synergy, which
produces a greater result collectively than doing it
on your own.
16. Share and Strengthen Technology and
Skills
• Two progressive organizations can share
technologies to boost upon each other's tips and
expertise.
17. Diversification
• There might be several diversification causes:
accessibility to diverse markets, improvement of
diverse items, diversify the modern working force,
etc.
18. DEVELOPING JOINT VENTURE
SET GOALS
Set Goals STRATEGIZE
IDENTIFY PARTNERS
SELECTING PARTNER
NEGOTITATE TERM
EXECUTE JV CONCEPT
REAP THE REWARD