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 Unable to delineate areas of responsibility Mistrust of each other Fear of loss of know-how Cultural barriers Different business practises Differing in ideas about pay [...]

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.
Recent Comments