Tue, Feb 15, 2011
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What's the Difference Between a Partnership and a Joint Venture?
Formation and Duration
Today's post begins a three-part series on Partnerships and Joint Ventures. This article explains the differences between the two business arrangements, and the advantages and drawbacks of each.
This is a question that we get asked frequently, so it seemed like a natural topic for a blog post. Let's do a comparison of the two structures.
Formation and Duration
A partnership is a business entity that is not registered as a corporation or a limited liability company and which is owned and carr...