ADVANTAGES AND BENEFITS OF JOINT VENTURE PARTNERS
• Combine different strengths and resources •
• Share risks and investments for new projects •
• Expand market presence and access to new customers •
• Use the partners' existing sales channels •
• Promote innovation through the exchange of knowledge •
• Reduce costs through shared use of infrastructure •
• Achieve strategic goals faster through partnership •
• Improve competitiveness through synergy effects •
• Offer entry into new markets or industries •
• Strengthen brand image and trust through partnerships •