Are you searching for strategies for protecting business interests in a joint venture?  Business opportunities in new geographic and vertical markets open on a moment’s notice.  These opportunities may involve substantial risk as well as a substantial infusion of capital.  What if it were possible to work with another company who already has a presence in that geographic or vertical market space to extend you own business opportunities?  You might want to consider a joint venture.

A joint venture is simply a contractual business project between two or more parties or entities. This differs from a business partnership as a joint venture allows you and your company to continue as an independent entity while working with others to leverage each other’s products, services, assets, markets, distribution, personnel and intellectual property for mutual advantage and potential profit.  The joint venture itself is a separate entity in which which your own company holds  an interest.

When embarking on a joint venture you want to make sure that your personal and business assets are not affected by your business investments. Various liabilities involving employees, products, premises, and other commercial involvements could occur and it’s best to be prepared. The Watkins Firm provides strategies for protecting business interests in a joint venture while helping to craft entities and agreements which support the mutual goals at hand.

Joint ventures are not generally subject to franchise or securities laws and allow each of the members to continue existing operations while pursuing a limited project or a new market opportunity.  There can be substantial risk associated with a joint venture and you need to thoroughly understand potential sources of liability and that each member of a joint venture may be held jointly and severally responsible for any arising liability.

Protecting business interests in a joint venture requires the proven experience and legal skill of the attorneys at the Watkins Firm.  We invite you to review the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.