Thursday, January 19, 2012

Is a Joint Venture the Right Financial Move for You?

A joint venture may be the right choice for you if you have an idea for a new business but lack the funding needed to pursue it. When you enter into a joint venture agreement with an individual or with a company, you work together as a team to bring your business concept into fruition. Together, you form a single business entity with the sole purpose of introducing your product or service to the market and then seeking expansion for it.

At Global Private Group, we can offer you a joint venture business relationship when you contact our company and request the necessary forms to apply. As one-half of the joint venture, we retain a pre-determined percentage of ownership in your new company. Additionally, we earn income from charging interest on the loan provided to you to start your business. In most cases, you must repay the principal loan balance plus the interest to us in full before you are able to collect a salary from your new business venture.

If you are interested in learning more about a joint venture relationship, we ask that you fill out the contact form on our website. You need to provide your name, company name, email address or telephone number and your company website, if applicable. We would also appreciate a brief description of your situation. Upon receipt of your form, we will contact you shortly to schedule in initial evaluation.

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