How to grow your business through joint venture or strategic alliances

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As a fast-growing SME, you will likely come to a point when you want to team up with others to accelerate your growth. Your company could also be interested in entering into a new business that requires additional capital and new skills not available internally.

This required level of additional capital could be so enormous that you have no chance of raising it alone. Coupled with the fact that you may lack the requisite skills in the new business, the risks now become even higher.

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Note: The results are not exact but very close to the actual.