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Business Development

Joint Ventures

How Can A Joint Venture Grow My Business?

A joint venture can bring in new skills, assets and possibly money, which will enable both parties to benefit. This leverage may enable your business to grow much faster, meet more significant customers and tackle new markets.

There are many joint ventures in operation around the world; e.g. Sony-Ericsson which is a joint venture by the Japanese electronics company Sony and the Swedish telecommunications company Ericsson to make mobile phones. The stated reason for this venture is to combine Sony's electronics expertise with Ericsson's technological leadership.

Not Sure How To Go About A Joint Venture?

Firstly you should examine your strategy and marketing plan to identify any gap in your portfolio, or territorial access (this could include a region of the UK). You then need to decide what you would like to achieve and identify possible partners.

Another key factor is talking to partners to see if there is a mutual interest. You will be surprised how many companies wish to explore expansion opportunities in a win-win situation.

We can advise, actively seek joint ventures or merely be a sounding board; ring us on 0330 053 6790 for an exploratory discussion or email us for more information via the contact us form.

What Should I Consider?

For further information and advise about joint ventures, please call one of our friendly advisors to see how we can help you on 0330 053 6790.

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QR Limited trading as QR Ventures
A17 Astra Office Suites, Astra Business Centre, Roman Way, Ribbleton, Preston, PR2 5AP

Registration Number: 04288323. Registered Address: A10 Astra Office Suites, Astra Business Centre, Roman Way, Ribbleton, Preston. PR2 AP. 

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