THE HIDDEN COSTS OF A 50/50 JOINT VENTURE

THE HIDDEN COSTS OF A 50/50 JOINT VENTURE

A joint venture split equally between two parties is usually agreed quickly, as a fifty-fifty division signals respect and shared commitment. The difficulty is that equal ownership removes the feature every company relies on to make decisions: a majority. When the founders agree, the structure performs well, but when they do not, nothing in it […]

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