Indigenous Joint Ventures Workshop – 10 May 2024 (VIRTUAL)

In a groundbreaking initiative funded by NIAA, the Waalitj Hub has partnered with the Australian Institute of Management Western Australia (AIM WA) to design and develop the Indigenous Joint Ventures Workshops to provide Indigenous entrepreneurs with knowledge and strategies to deliver better outcomes for themselves through commercial Joint Ventures.

This one day virtual workshop is tailored towards Indigenous Entrepreneurs who are currently in, or considering a business joint venture arrangement.

The workshop will cover:

• An introduction to JV’s
• Why enter a JV – benefits and risks?
• Types of JV arrangements
• Criteria for evaluating your JV
• Questions to ask of and about your JV partner
• Business relationships, balance of power and code of behaviour
• Black cladding issues
• Principles of good governance in JV arrangements
• Roles and responsibilities of Directors, Management and Shareholders
• Introduction to financial statements for Directors
• Negotiating the terms and conditions of your JV

Learning outcomes:

• Decide if a JV arrangement is the right option for your business
• Evaluate if there is alignment of values and expectations with your JV partner
• Begin to understand and build the foundations for a JV partnership through good governance
• Identify the threats and opportunities in a case study demonstrating an actual JV arrangement
• Know when, where and how to seek further advice and support

Facilitator:

AIM WA are a contemporary education leader; shaping management, leadership and workplace excellence.

Your session will be led by Gemma Nugent, a specialist construction, engineering and consulting contract lawyer. As the Principal Lawyer at SoundLegal, Gemma helps construction, engineering, consulting and light industrial businesses to create and negotiate clear, plain English contracts, so they can achieve great project outcomes.