List Your Product Launches here. Its FREE. Checkout Our Riverfile Blog and Follow us on Facebook.

Advertise Here

What is a JV and how does that work?

Joint venture or JV is a strategic alliances that allow established businesses to share markets, assets, intellectual property, knowledge, and profits. Its a traditional contract that allows vendors to give a portion of their earnings to a partner - JV partners and affiliates.

Your business may have strong potential for growth and you may have innovative ideas and products. However, a joint venture could give you:

    - More resources
    - Greater capacity
    - Increased technical expertise
    - Access to established markets and distribution channels