![]() ![]() The old saying that two heads are better than one is at the root of a joint business venture. ![]() When you enter into a joint venture, you'll want to use a joint venture agreement, so that the terms of your cooperative arrangement are spelled out and completely clear.Ī joint venture is a project that two businesses agree to work on together. ![]() By working with another business and creating a joint venture, you'll have new opportunities for profit. Without a joint venture agreement, the law may assume your collaboration is actually a legally recognized partnership and apply the default state laws for tax and liability purposes.A joint venture is a great way for your business to reach more customers and achieve greater success.
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