Expetitle Blog | A Florida Title Company

January 14, 2021

Partnerships VS Joint Ventures

Joint ventures and partnerships are common forms of legal structures used by business owners to combine resources, talents, or skills with another person or business. The two terms are often mistakenly interchanged to define the association with the misunderstanding that they are the same. On the surface, these partnerships and a joint venture share many similarities, both involving more than one party getting together for the purpose of undertaking business or some other project. However, there are significant differences within legal language that define distinct business models and the regulations surrounding each.

December 9, 2020

Tips to Maintain Your Joint Venture

Companies pool their resources to create value and gain a competitive advantage by entering into joint ventures (JVs) The companies must build and maintain a good relationship with each other in order to successfully collaborate and grow their new, joint business entity. Below, we list some tips to keep a healthy and open joint venture relationship.

December 2, 2020

What is an Affiliate and Why Should You Consider One?

An Affiliated Business Arrangement (ABA) exists when two or more entities, usually a real estate company and a settlement service agency, in the position to refer sales participate in a business relationship with each other. A general ABA typically uses the joint venture structure, in which the real estate company refers business to settlement service agency, such as title and closing. It’s an arrangement in which two or more entities are in a position to refer business, like closing services, have an affiliate relationship with each other. Either party refers business to the service provider or influences the selection of that provider.

November 18, 2020

The Joint Venture Agreement

A joint venture (JV) is an arrangement between two or more entities to unite their skills and resources to achieve a common goal while sharing the associated profits, losses, risks, rewards. Each member in a JV agreement maintains control over and contributes to the business venture. Intent to participate in the joint venture is stated by the parties in a written joint venture agreement.

November 11, 2020

How to Start a Joint Venture

A joint venture is a business model allowing two or more parties to pool resources and work together towards a goal, either for a limited time or ongoing. The most common reasons for businesses to decide to enter into a joint venture include sharing resources, expanding into new markets, increasing market power. While in a joint venture, the parties involved maintain their independent business identity and simply agree to work together in a limited and specific way to achieve a common business goal.

November 5, 2020

Joint Venture Advantages and Disadvantages

A strategic joint venture (JV) is comprised of two or more partners combining their expertise and resources to achieve a particular goal through the creation of a new entity. The standalone business may have substantial potential for growth and innovative products and services. Nevertheless, a JV could mean wider reach, enhanced technical skills, added resources, and/or access to reliable distribution channels and markets.

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