A joint venture is a business relationship between parties with a view to mutual profit or benefit.
It is widely used in projects where the parties can provide different skills for the purpose of an intended outcome, such as: (more…)
Shareholders of a small private company usually rely on their personal relationships with each other to manage the business.
Death, disability or the bankruptcy of one of the shareholders could require a transfer of the shareholder’s stock to existing shareholders, as opposed to the deceased shareholder’s beneficiaries inheriting those shares. (more…)