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| JOINT VENTURE WITH JAAYDAAD |
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Today joint ventures are becoming an increasingly common way for companies to form strategic alliances. Jaaydaad undertakes joint ventures with a company if there are good business and accounting reasons to do so. The company should have complementary capabilities and resources, such as distribution channels, technology or finance. |
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In a joint venture, two or more "parent" companies agree to share capital, technology, human resources, risks and rewards in a formation of a new entity under shared control. |
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| JAAYDAAD TAKES UP TWO KINDS OF JOINT VENTURES: |
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| LICENSED PROJECTS |
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| RAW PROJECTS |
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- If a Landowner has a licensed project than Jaaydaad offers Advance payment against the project.
- If the license has not been acquired then Jaaydaad does not give an immediate advance - but takes up the project. Once the license has been acquired by the landowner, then at that time advance is given.
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| USPs of Jaaydaad (link to the page) |
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| DUE DILIGENCE BEFORE JV: |
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| Important factors to be considered before a Joint Venture is formed are : |
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- Screening of prospective partners.
- Joint development of a detailed business plan and short listing a set of prospective partners, based on their contribution to developing a business plan.
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| Due Diligence |
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- Checking the credentials of the other party. Development of an exit strategy and terms of dissolution of the joint venture.
- Special allocation of income, gain, loss or deduction to be made among the partners.
- Compensation to the members that provide services.
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| Next page: Features of JV |
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