There may come a time when your business would start a project and there would be a need for a strategic alliance with an individual or a team in order to complete it. In cases like these, you would most likely need to make a joint venture agreement so that everything would be clear to both parties involved. Unlike a partnership which would last longer or even permanently, a joint venture would only last as long as the project is ongoing. As soon as the project is completed, then the joint venture would come to an end as well. Click here to read more.