Welcome to
How to Establish Profitable PartnershipsA guide to joint ventures that grow your business
Conclusion and Next Steps
Congratulations. You now understand the key steps to establishing a joint venture agreement that’s profitable for both you and your partners. Course completion means you have a firm grasp of the following:
- You understand the different types of joint venture partnerships
- You know how to choose a JV type to deliver the business goals you are trying to achieve
- You know research strategies to identify the “perfect” JV prospect
- You have prepared a JV proposal outline
- You understand effective communication techniques and strategies to ensure successful agreement
- You can draw up a JV agreement or contract
- You understand the entire process that makes for a strong and profitable joint venture
Next Steps
Review your course notes. Make sure you have completed each learning activity. When you have, you can be confident in your ability to write up, propose, and land a successful JV agreement. Take the powerful knowledge you have just obtained, and put it to work, pursuing and landing a JV partner.
Activity:
- Review your learning activities in each of the modules.
- List your next action steps and deadlines for achieving them. Follow the lessons in each module in order when identifying your task, and be sure to include a task for contacting a potential partner.
- Don’t forget to consider a lawyer if necessary for the peace of mind of both you and your new partner. As one task, you can ask friends or colleagues for names of lawyers they have used.
A Word
From Tamara
As an entrepreneur myself I completely understand the stress, anxiety and frustration around launching or growing a business. I also know the rewards and life style change the hard work can provide you if you stay focused. I am here to inspire and motivate you to push forward. The fact that you’re investing in your business education let’s me know you’re in this to win. Rest assured I’m here to help you…. These courses are set up to help you understand the basics. To dig deeper into your specific plan of action we will discuss where you are, where you want to be, eliminate any blocks preventing you from getting to the next step and create an action plan.
