A joint venture can be a good option if you need to access specialist expertise or resources not available in your own business.
As with any partnership, it is important to know exactly where you stand from the start and you can achieve this with a formal Joint Venture Agreement.
The issues covered by a Joint Venture Agreement might include:-
A clear business plan for the project;
The role each party will be expected to play;
The financial contribution each will make;
How the profits will be shared;
How intellectual property such as patents, trademarks and copyright material will be owned and / or shared.
Drafting a formal agreement provides an excellent basis for identifying and negotiating any issues and for making sure you and your business partners see things the same way.
- Sale and purchase of business, asset and shares
- Business start-ups and SME’s
- Management Buy-Outs (MBO’s) and Buy-Ins (MBI)
- Share buy backs
- Due diligence
- Company re-organisation and re-structuring advice
- Shareholders’ and partnership agreements
- LLP and Partnership advice
- Shareholder disputes
- Drafting inter-creditor, facility, guarantee and other security agreements
- Subordination and priority arrangements
- Advice on personal and corporate guarantees
- Joint ventures and collaboration agreements
- Terms and conditions of sale or purchase for goods/services
- Agency and distribution agreements
- Non-disclosure agreements (NDA)
- Bespoke trading agreements
- Intellectual property protection
- Incorporation of limited liability partnerships and companies
- Creating and/or maintaining statutory registers, minute books and share certificates
- Preparing board minutes, resolutions and notices
- Assisting with your annual return
- Drafting or amending Articles of Association
- Dissolving or striking companies off the register
- Implementing changes to your share capital
- Drafting and filing of Companies House forms.