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Joint Ventures
Joint ventures are commonly used when two business join together to reach the same end. Businesses join together to expand by pooling their resources.It may be that two companies wish to enter into a joint venture such as the purchase of a waste disposal site whereby one company brings in expertise in waste disposal technology and the other company allows the use of its waster disposal site.
Joint ventures can also the pooling together of a company and a partnership, such as a private limited company and a pension fund, or an individual and a company.
It will be extremely important to you on entering a joint venture that your business is protected. Ashton Morton Slack are experienced in advising you on how best to structure the joint venture.
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