A Joint Venture (JV) covers a wide range of collaborative arrangements in which two or more businesses decide to share costs, management, and profits with a common goal. A JV is a legally binding business arrangement where each party contributes capital, intellectual property, personnel and other resources to design and implement a new business.
A Joint Venture (JV) covers a wide range of collaborative arrangements in which two or more businesses decide to share costs, management, and profits with a common goal. A JV is a legally binding business arrangement where each party contributes capital, intellectual property, personnel and other resources to design and implement a new business.