10 Advantages of Real Estate Joint Venture
Has anyone ever had the experience of having so many ideas in your mind with no capital to carry it out? This calls for innovative method to raise or find funding. This sort of way is via a joint venture. What is a joint venture? A joint venture is a business arrangement where two r more organizations or individuals agree to bring their resources to try and do a certain project. An organization may have a certain resource and looks for a second organization with development funds to accomplish a project. Its different from a partnership because in partnership, persons come together to run a business but a joint venture is for a specific business or venture and for a specified period of time. It promises greater benefits for the parties but it also have potential of bringing certain challenges. What are the advantages of a joint venture, not simply a joint venture Kisumu ? Advantages of a Joint Venture 1 – New insights and expertise Forming a joint venture will enable you