At Goldmann & Sons PLC we can help you see beyond the current limitations of your business. We help guide you through the process of establishing a Joint Venture, including introductions to other companies with demonstrable synergy with you.
A successful Joint-Venture can offer:
Access to new markets and distribution networks
Sharing of risk and cost with a partner
Access to greater resources including specialised staff, technology and finance
What is a Joint Venture?
A Joint Venture is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. In a Joint Venture, each of the participants is responsible for profits, losses and costs associated with it. However, the venture is its own entity, separate and apart from the participants’ other business interests.
Benefits of a Joint Venture:
A major Joint Venture advantage is that it can help your business grow faster, increase productivity and generate greater profits. It can also help access to new markets and distribution networks, lead to increased capacity, sharing of risks and costs. Access to greater resources, including specialised staff, technology and finance.
Joint Ventures often enable growth without having to borrow funds or look for outside investors.
To be successful, a Joint-Venture partnership must provide both partners with benefits. You must set clear objectives for the partnership to ensure that your objectives are compatible with your partners. A partnership that meets your strategic growth objectives and provides you with a powerful competitive advantage.
Our team of specialist advisors are ready and waiting to hear from you to help provide the right solution for you