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Both a joint venture (JV) and a partnership consist of co-owners of a business enterprise sharing the profits and losses. However, typically a joint venture is set up for one transaction or a series of transactions. Therefore, joint ventures are generally distinguished from partnerships by being more limited in both scope and duration. Do you know what business entities can form a JV, and how its done?

Join Bill and Rick to learn when and why a JV might be right for your business.