A joint venture with another company can create value for both of the parties involved. Why is it when people approach me about teaming up they always seem to be the one that gets all of the value out of it. Why would I take 25 percent of the profits from a joint venture that uses my labor hours and overhead when all you provide is managing the website. Any time my employee is working on our joint venture instead of my main business means that the other person is borrowing that employee at no cost. well at least that was the Idea of the last women who wanted to team up.
contribution to overhead and labor should always be figured in when you are negotiating a deal. offering a potential partner a small piece of the total profit but then expecting the costs of the business to be covered in that small portion is a good way to ensure that you won't be doing business with that person.
