The Ins And Outs Of Joint Venture Agreements

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In this presentation:

- What is a joint venture?

- Advantages and disadvantages of using a joint venture

- Starting a joint venture

- Step 1: Find the right partner

- Step 2: Ensure the JV satisfies the applicable set-aside requirements

- Step 3: Choose the legal form (partnership vs. LLC)

- Step 4: Determine the management structure/labor (populated vs. unpopulated)

- Step 5: Draft the joint venture agreement

- Questions

- Excerpt from What is a joint venture?

A Joint Venture is:

An association of individuals and/or concerns to combine their property, capital, efforts, skills, and knowledge to carry out no more than three specific or limited-purpose business ventures for joint profit over a two-year period

Please see full presentation below for more infor,ation.

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Topics:  Choice of Entity, Due Diligence, Joint Venture, LLC, Partnerships

Published In: Business Organization Updates, General Business Updates, Finance & Banking Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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