Understand some of the basic Types of Joint Ventures
Understand the basic difference between Joint Venture and Partnership
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For those unfamiliar between Joint Venture and Partnership, tabulated below in summary some of the differences: Joint Venture Partnership
During the drafting of the agreement, the following aspects should at least be included: Definitions ( like technical terms specific to the industry) Generally, we need to understand what might be the potential issues when setting up a joint venture partnership. This might includes the following: Conflicts of interest if they are competitors The following are the basic types of Joint venture partnership: • Complementary technology joint ventures- the partners combine their technologies to diversify their existing product or market portfolios • Market technology joint ventures – combination of the market knowledge of one partner with the production or product know-how of the other • Sales joint venture- the producer and a [...] |
FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four, Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.
Also author to another very popular free educational accounting cum finance blog: http://basiccollegeaccounting.com under the branding of College Accounting Coach. |
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