It has been widely recognised that cultural awareness has become very important for small and mid-sized companies to sell successfully in the international marketRead More
I often hear about companies interested in doing “Joint Ventures” with a partner overseas. It is surprising how loosely the term is sometimes used.
A “Joint Venture” is really a very specific form of collaborative arrangement, where there is an ‘equity partnership’. The objective is to contribute resources, pool the technical and market knowledge of the partners and then share the profits through dividends. This is done by forming a Joint Venture Company, a separate legal entity, in which the partners share the equity.Read More