Ade Asefeso MCIPS MBA Published His New Book Joint Ventures

LONDON - March 14, 2015 - PRLog -- Why Joint Ventures?

That's the question that Ade Asefeso answers in his new book "Joint Ventures"

Ade said. "Entering into a joint venture is a major decision. This book gives an overview of the main ways you can set up a joint venture, the advantages and disadvantages of doing so, how to assess if you are ready to commit, what to look for in a joint venture partner and how to make it work."

Ade also added that "The reasons you might want to form a joint venture include business expansion, development of new products or moving into new markets, particularly overseas.

Your business may have strong potential for growth and you may have innovative ideas and products; however, a joint venture could give you.
1.    More resources.
2.    Greater capacity.
3.    Increased technical expertise.
4.    Access to established markets and distribution channels.

Ade continued by saying. "A joint venture differs from a merger in the sense that there is no transfer of ownership in the deal. This partnership can happen between goliaths in an industry. It can also occur between two small businesses that believe partnering will help them successfully fight their bigger competitors.

Companies with identical products and services can also join forces to penetrate markets they wouldn't or couldn't consider without investing tremendous resources. Furthermore, due to local regulations, some markets can only be penetrated via joint venturing with a local business.

In some cases, a large company can decide to form a joint venture with a smaller business in order to quickly acquire critical intellectual property, technology, or resources otherwise hard to obtain, even with plenty of cash at their disposal".

Visit http://www.booksonline.aaglobalsourcing.com/joint-ventures for details.

We ask Ade. How does a joint venture work?

Ade responded by saying. "The process of partnering is a well-known, time-tested principle. The critical aspect of a joint venture does not lie in the process itself but in its execution. We all know what needs to be done specifically, it is necessary to join forces; however, it is easy to overlook the "hows" and "whats" in the excitement of the moment.

We looked at the "hows" in our review of the "Critical Factors of Success" in this book. For the moment, let's keep in mind that all mergers, large or small, need to be planned in detail and executed following a strict plan in order to keep all the chances of success on your side.

The "whats" should be covered in a legal agreement that will carefully list which party brings which assets (tangible and intangible) to the joint venture, as well as the objective of this strategic alliance. Although joint venture legal agreement templates can readily be found on the Internet, we suggest you seek the appropriate legal advice when entering such a business relationship.."

Visit http://www.booksonline.aaglobalsourcing.com/books for details.

Ade has packed a lot into his career over the years with a long spell working at senior level within various manufacturing companies in the UK. He can be described as international diplomat due to his work across the globe.

Ade spent a lot of his time representing various companies either at supply chain level, operational level, sales and marketing level, and senior executive level across Asia, North America, Africa, Eastern and Western Europe.

Ade is currently the CEO of AA Global Sourcing Ltd. A company that helps local businesses outsource so that they can enjoy the benefits that used to be enjoyed by big corporations for years.

All this still doesn't make mention of Ade's increasingly successful career as an author, of numerous books on Finance, Business Ideas, Personal Development, Self help, Lean Sustainable Supply Chain Management, CEO Guide to Doing Business, Outsourcing, Lean IT, Lean Manufacturing, Agile and Lean Office, Lean Office, Six Sigma, Six Sigma Healthcare, Six Sigma marketing, Six Sigma Service, Lean Startup, Lean Procurement, Lean Implementation, 5S for Supervisors, 5S Home, Lean Handbook, Lean marketing, Lean Sales and marketing, Lean Accounting, Lean Management, Lean Healthcare, 5S for Healthcare, 5S Office Management, Lean In Construction, Lean Retailing, Lean Banking, Lean Business, Lean Government, Lean Tools, Lean in Unionized Environment, CEO Tools, TPM Simplified, Green Manufacturing, Sustainable Urban Supply Chain Management, Real estate, Balanced Scorecard, Non Executive Director, Corporate Storytelling, Reshoring, Supply Chain Management, Joint Ventures and Online Marketing.

In his spare time, although it's amazing to think that he might have some, Ade does keep fit.

Visit http://www.aaglobalsourcing.com for details.