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With every joint venture, there are several basic questions that must be answered:
- Does it make sense for your Tribe to be in this business?
- Is this potential partner a good partner for your Tribe?
- Does this business / business model make sense?
When a potential joint venture partner approaches you, you must exercise care in your due diligence to make sure the joint venture makes sense for the Tribe. It is absolutely necessary that you know who your potential partner is and what the business is all about. It can be very easy to get into a new business relationship but very difficult to get out.
We can assist by “kicking the tires” of your potential partner. As your due diligence agent, we will work with you to identify qualifying criteria, then research and evaluate the potential partner and joint venture opportunity. We can help make sure your new partner is really a good partner, not someone who is going to hurt the Tribe. AXIOM always works in the best interest of the Tribe.
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