A joint venture is a business arrangement in which two or more businesses agree to pool their resources for the purpose of accomplishing a specific task. The arrangement usually results in the creation of a new business entity, such as a partnership, corporation or limited liability company which is separate from the joint venture participants. The arrangement may be temporary or long term. Joint ventures take advantage of the joint resources and expertise of the participants and often reduce costs. Joint ventures are commonly structured when a company wants to enter a foreign market and needs the participation of a local company to achieve its goals.

Syndication Business

The syndication business is the business of creating syndications which are partnerships where individuals and/or companies pool cash and other resources to fund large projects such as the acquisition of a business or an investment in real estate. The partnerships that are created are usually limited partnerships consisting of one or more general partners and several limited partners whose role is limited to investing capital. Most limited partners are accredited investors. The founder and president of PacificBusinessAdvisors.net, Michael Chulak, has sponsored the creation of more than 40 syndications to date. All have been limited partnerships where he has been the sole general partner.

Strategic Alliance

Business Entities - California