Super JV Secrets

A joint venture, defined by Webster‟s is an entity formed between two or more parties to undertake an economic activity together. The parties that wish to form this group, though separate at the beginning of the venture, makes agreed upon allowances in work division and economic contributions. The venture is usually for one specific project only and usually the venture will break once that particular job is done. Sometimes the ventures, if successful, will come together as a continued venture in another line of direction or the venture will follow the same line, but will end when the venture goal ends.