Joint Venture Partnership

A Joint Venture Partnership with Little or No Cost to You

partner with a joint ventureHave a great product or idea but not the funds or skills to market it online?

A joint venture partnership with Vegga Consulting will allow you to sit back, relax and reap all the benefits with little or no cost to you. We will assume the risk, business development, research and marketing.

All you do is provide that great idea or product and we will market it worldwide.

A Joint Venture with Vegga

When you come to us with a great idea or product, we can precisely determine the market and it’s potential success. Whether it’s an informational product like an eBook, idea for software or anything that can be sold online, we can market it worldwide.

With well over a decade of experience in all aspects of Internet Marketing, Vegga Consulting can guarantee you a substantial return on your product or idea.

When you partner with Vegga Consulting will handle it all, assuming all work and cost such as:

  • Extensive worldwide market research
  • All product development costs
  • Website and online business structure
  • Structuring affiliate programs
  • All marketing and promotion

What is a Joint Venture?

A joint venture is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity and sharing in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship. This is in contrast to a strategic alliance which involves no equity stake by the participants, and is a much less rigid arrangement.

The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations.

Why a Joint Venture?

As there are good business and accounting reasons to create a joint venture (JV) with a company that has complementary capabilities and resources, such as distribution channels, technology or finance, joint ventures are becoming an increasingly common way for companies and individuals to form strategic alliances. In a joint venture, two or more “parent” companies and/or individuals agree to share capital, technology, human resources, risks and rewards in a formation of a new entity under shared control.

Reasons for a Joint Venture

Internal Reasons

  • Build on company’s strengths
  • Spreading costs and risks
  • Improving access to financial resources
  • Economies of scale and advantages of size
  • Access to new technologies and customers
  • Access to innovative managerial practices

Competitive Goals

  • Influencing structural evolution of the industry
  • Pre-empting competition
  • Defensive response to blurring industry boundaries
  • Creation of stronger competitive units
  • Speed to market
  • Improved agility

Strategic Goals

  • Synergies
  • Transfer of technology and/or skills
  • Diversification