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”.
Excerpt:
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
Questions about the advantages and disadvantages in joint ventures specific to your construction business? Contact us. Our Real Estate and Construction team can help.
About the Author
Keiter CPAs
Keiter CPAs is a certified public accounting firm serving the audit, tax, accounting and consulting needs of businesses and their owners located in Richmond and across Virginia. We focus on serving emerging growth businesses and companies in the financial services, construction, real estate, manufacturing, retail & distribution industries and nonprofits. We also provide business valuations and forensic accounting services, family office services, and inbound international services.
More Insights from Keiter CPAsThe 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.
