Selection and recruitment of senior management for a joint venture

A joint venture will generally require it to be headed by a senior executive with an entrepreneurial mindset to optimise the partners’ strengths. The joint venture agreement may be signed, but it is the executive’s duty to identify the best way to operate the venture and ensure that the results are achieved. Recruitment The jointContinue reading Selection and recruitment of senior management for a joint venture

Clauses to consider for a joint venture agreement

Whilst many business owners are familiar with the technicalities of a joint venture, this may cause them to become lax when setting up a new joint venture, especially when with partners outside of their normal operations. Pre-joint venture In the early stage of the joint venture one may argue whether there is actually a needContinue reading Clauses to consider for a joint venture agreement

Does your joint venture really need a partner?

The common understanding when launching a joint venture is that it; is complicated, involves considerable work, needs to achieve profitability, and one ultimately wants to enjoy what they are doing. Though another consideration would be to assess whether you can avoid setting up a joint venture in the first place, and potentially remain the soleContinue reading “Does your joint venture really need a partner?”

Should your boardroom start focusing on joint ventures?

Introduction Most CEOs have been through this scenario, a counter party walks through the door, and states that they are looking to collaborate on a project, where they can both benefit. A common initial reaction, is the welcoming CEO wondering how much time and money entertaining this proposal is going to cost the organisation. AnotherContinue reading Should your boardroom start focusing on joint ventures?