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Another often-committed error is stopping before you have enough data. You want to invest enough time on this now so you aren't sitting around later wondering what went wrong. What often happens is people look for various keywords on the internet. This leaves a huge gap in the data you are collecting. An error like this could make you omit half the information needed.
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As you can tell there are numerous ways that joint ventures are a situation where everybody wins. You get basically free advertising, get access to an established customer list, and increase your credibility by associating with your partner. You also gain more merchandise to offer to your list and leverage that will see both you and your partner benefit. There truly are only positive things that can result from entering into a joint venture, as long as you choose the correct partner.
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