There are times when Social Enterprises will want to work together. For example, on a tender to provide services or on a one off project.
An effective joint venture should be well planned and documented from the start. We can help you identify and understand the issues in order to deliver a successful joint venture. There will be a lot to think about and plan.
For example, the partners will need to consider:
The purpose of working together: What are the objectives of the collaboration? What are the perceived benefits of it?
Roles and responsibilities: Who will do what, when and to what standard?
Lines of accountability, communication and meetings: Who is authorised to represent each partner? How will you communicate and how often?
How much time will each partner is prepared to dedicate to the joint venture
Finances, funding, accounting policies and financial exposure: What’s the budget? Who bears which costs? What happens if there is an overspend or an underspend? Should there be a spending review?
The ways in which the collaboration may be monitored to make sure it is working
Employment issues: Who employs the joint venture staff? What happens to the staff when the collaboration ends? TUPE.
Publicity, press releases, marketing and the use of each other’s name or brand
Intellectual Property issues: What IP is being provided by each partner? For what purpose can the other partner use it. What happens to jointly developed IP?
Data Protection: Will the partners share or transfer personal information? Has enough been done to comply with the data protection laws?
Duration of the collaboration: How long will it last? When will it end? Will it ever be appropriate to end it early?
What happens if things start to go wrong: How disputes will be resolved?
Exit strategy: What happens when the collaboration ends?
Contact us if your Social Enterprise needs help with a joint venture or partnering arrangement. Also ask about our fixed pricing and Client Promise.
"“ This is the second time we have used Tracey for the conveyancing to buy our new home. She is always completely approachable, she has helped us along the way with advice and useful tips that has helped lessen the stress. We have complete confidence in her and would not hesitate to recommend her to our friends and family”. - Peter Dawes, Cater Dawes Financial Planning "
"This is by far the go-to firm for any issues. You are made to feel valued from the outset and they are so confident in what they do. Wouldn't recommend any other. Thank you Hugh and Max."
- Ros Jones
"Jade made the process of buying our first home quick, easy and took the stress out of a new chapter of our lives"
"Jade Shelton was absolutely fantastic!! Professional and proactive at all times."
"The ease that we could access and speak to Pat Smith - Thank you"
"Prompt, helpful, polite and very professional service"
"Approachable, very efficient, always willing to take my calls and update me."
"Domini was very fast and efficient in carrying out her work for me - she was also very good at explaining things to me"
"We found Rachel Dawson outstanding, polite, professional and caring."
"We were very pleased to have Jade as our solicitor, the service was excellent and we felt kept in the loop which minimised stress"