JOINT VENTURE

  • Compatibility of organizational culture, purpose, similar goals and objectives can be a challenge
  • Shared ownership, returns, risk and governance
  • Mainly to gain new markets, scale efficiencies, share risk or access skills and capabilities
  • Finding a partner with sufficient similarity of process or products can be difficult
  • Will require shared know-how for the products and capital.

IMPORTANT POINTS

Capital: Low
Cost: High
Time: Medium

Required Mexico Know-How: Medium

Financial risk: Medium