Joint Ventures always seem to make sense upon inception, but are they really the best structure for driving profitable growth and a lucrative exit strategy. JVs are complicated entities that should not be approached lightly. The setup, management, and disposition of a Joint Venture must be handled with great care and finesse, in order to ensure that all of the stakeholders needs are being met. Over 54% of all Joint Ventures result in less than adequate returns, within the first 5-years of life.
Do you know the characteristics that differentiate a successful Joint Venture from one that is destined for failure?