By Keiter CPAs
What are the Benefits of Joint Ventures?
Get more insights on the benefits of joint ventures in Construction Today‘s August 12, 2016 article, “The Benefits of Joint Ventures”.
Investing in a joint venture with another contractor can be a very attractive method to take on larger, more profitable jobs while effectively managing risk. A joint venture is organized as a separate entity and can either be created to bid on a singular project or to function with an indefinite life. For the contractor, investing in a joint venture has certain advantages and disadvantages.
Read the full article.
Source: Construction Today
About the Author
The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.