What is the difference between a joint venture and a business?

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The difference between a joint venture and a business is that a business is one company, one firm, and a joint venture is a project in which two or more companies join together.  So a joint venture involves more than one firm or business.

A joint venture occurs when one or more...

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angelnorris12 | Student

venture is one type of deal between two people or two companies. If you want to get more details between this two topics the I suggest you one link which helps you to find best answer.

andrew4president | Student

A joint venture is a type of partnership. Here the partners come together mostly for a short period of time to satisfy the wants of the market. e.g during world cup two people may form a partnership in the form of a joint venture to sell fans t-shirts with their favorite team's name written on it. Their business would go on through out the games then at the end they would split the profits and disolve the parnership. Because their activies give profits then a joint venture is also a business. i.e. business - partners - joint venture. I hope this was helpfull to you.