Kaplan& Moon,PLLC
Business Litigation, Real Estate,
Corporate Representation & Probate
Menu Contact
Call For A Consultation / Se Habla EspaƱol
Toll Free:
877-290-3163
Local:
214-522-4900
Let Us Help You Succeed

Joint ventures may be worth considering for certain endeavors

When individuals have a new idea in the works, they may feel that outside help would benefit the situation. However, they may not feel that the project warrants a complete partnership. As a result, Texas residents looking to move forward in such a manner may want to consider creating joint ventures.

Joint ventures can be beneficial arrangements for individuals looking to achieve a certain goal, but they can also present issues, which is why having an agreement can be useful. Though a joint venture does not operate in the same manner as a partnership, it still involves multiple people working together. As a result, disputes could easily arise, and preparing for such possibilities may be wise.

When entities agree to participate in a joint venture, each is liable for the profits, costs and losses that come along with the venture. Aside from these responsibilities, it is important to establish what each person will bring to the venture and how the joint venture will be managed and staffed. It may also be important to determine what will happen to the joint venture once the intended goal is reached.

Joint ventures can be beneficial operations to utilize. Of course, as with any Texas business endeavor, there are many legal aspects to consider. Whether working to establish this type of arrangement or needing to address a dispute that has come about, having the right legal assistance could be useful to ensure that the best interests of those involved are protected.

No Comments

Leave a comment
Comment Information
EMAIL US FOR A RESPONSE

HOW CAN WE HELP YOU?

Contact Kaplan & Moon at 214-522-4900 or toll free at 877-290-3163 for an initial consultation regarding business-related legal issues in Texas.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Contact Information

Kaplan & Moon, PLLC
2929 Carlisle St.
Suite 115
Dallas, TX 75204

Toll Free: 877-290-3163
Phone: 214-522-4900
Dallas Law Office Map