A joint venture is an agreement between two or more business entities or individuals to engage in a profit making endeavor. A joint venture often has a limited life since it is designed to pursue a single business deal or project. Two large competitor corporations, such as oil companies, might enter into a joint venture in order to spread risk and to raise additional capital. A joint venture can be carried on as a general partnership, but can also be embodied in a corporation, limited liability company or some other business entity. Attorney Rubino is experienced in negotiating agreements between businesses and can help your business negotiate an advantageous joint venture agreement.