When you embark on a joint venture, you agree to partner with another business – on a specific project, on a separate new business, or by forming a partnership. Joint ventures can bring benefits such as increased capacities, cost-sharing or access to greater resources or new markets. But an unsuitable partnership may expose your business to new risks.

A joint venture is a major step and it’s vital to seek expert advice before committing yourself. This free Business Gateway guide to joint ventures and partnering gives an overview of what’s involved.

Yes, if you are thinking about starting, or already run, a business in Scotland.

This is a free and impartial service.

Any business based in Scotland, at any stage in its life cycle.

Spend 6 minutes finding out about joint ventures and partnering.

You must seek independent expert advice to agree the terms and conditions of a joint venture agreement. Your local Business Gateway office can direct you to relevant support.

Visit the Business Gateway website for more advice on joint ventures and partnering.