I think the title of this article is self explanatory ? at some point your business or organization may need a joint venture partner. Why? Below are four common reasons why you might want a joint venture partner:
Lack of Expertise
You may have good skills but are lacking in certain areas. In my case, I am good at seeing the big picture and designing websites, but I lack content creation skills. So, I went out an found someone to partner with who excels at writing and complements my skill set.
Lack of Capital
Perhaps you have some inside information on where to get a screaming real estate investment deal but don?t have the money to take advantage of your good fortune. If you …
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Written by Marc on July 7th, 2007 with 3 comments
Numbers came out this week regarding the average home price in Saskatoon, Saskatchewan. For those of you that have not been reading the blog up to this point, Saskatoon is located in Canada and is currently experiencing a housing boom. The average house price for a house in Saskatoon in June was $252,433 CDN up from the price in June 2006 of $160,547 CDN.
A large reason for this increase is both the number of frustrated potential home buyers bidding irrational prices just to get property and the influx of investors from outside the city. An example of these external investors are those investors from Alberta who have entered the market due to the high prices found in the Alberta market. …
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