The World Sikh Chamber of Commerce (WSCC) is a non-profit organization comprising of a cross section of Sikh Entrepreneurs, professionals, business owners and youth start-up entrepreneurs world-wide. Established in 2020 with a vision to bring together Sikh businesses and professionals in the spirit of an enterprise, our goal is to provide a forum for efficient and effective business networking, promote entrepreneurship within the community and assist other Sikh professionals in the continued growth of their businesses and professional careers along with their contribution towards Nation Building.
It is the first hybrid networking (right mix of Online & Offline) platform for Sikh Professionals world-wide which has evolved with changing times. The WSCC community is a vital link to the network of small and medium-sized enterprises that are the backbone of all economies, in developed and developing countries alike.
Please visit at: www.wscc.in
Joining Registration Form available at:
World Sikh Chamber of Commerce presents the second (February 2021) edition of WSCC Times, with all highlights of February Events and Updates:
Business-to-business is a situation where one business makes a commercial transaction with another. We help to design, build, and scale revenue for WSCC members, with specific focus on enabling them to succeed with Remote Selling.
We advise and collaborate with high-growth startups, and we apply those best practices to WSCC Members looking to achieve Sustainable Growth.
We provide our members with a foundation of scientific frameworks and repeatable process, infused into their Sales within our community and outside world.
WSCCKART is the business-to-business (B2B) destination to find trade
opportunities and promote their businesses online Locally and Globally.
Our Services are:
BUSINESS MATCHING SERVICE:
We will assist in finding the most suitable Business Partners.
B2B MEETINGS WITH COMPANIES:
B2B meetings help in generating the new leads and build strong relationships.
We understand that it might be challenging to visit in person, so we offer meeting support service.
DIGITAL BUSINESS PORTAL:
Digital Business (Zoom Meetings) is a new way of getting connected with more people.
COMPANY'S PRODUCT SAMPLE ENQUIRIES:
Samples assistance from companies to establish win - win business.
For More Details, Please contact:
A Joint Venture (JV) is a business arrangement in which two or more parties agree to pool their resources for expansion of their business. This task can be a new project or any other business activity.
Joint ventures in simple terms are an association of two or more entities combining property and expertise to carry out a single business enterprise and having a joint interest, right to control and a sharing of profits and losses.
Joint ventures are very common and successful in several industries. Their formation can be a complex procedure. Once a joint venture partner is selected, the goals and structures are defined. The professional involved in such matters, needs to make sure that the potential areas of conflict between the joint venture partners must be reconciled well in advance.
Benefits of Forming a Joint Venture
· Risk sharing
· Economies of scale
· Market access
· Geographical Constraints
· Funding Constraints
· Reduction in Acquisition Barriers
Features of Joint Ventures:
· Combination of two or more entities
· Contractual Agreement
· Separate Identity
· Active management involvement
· Sharing in Profits, Losses, Management, Control and Risk
· Specific Limited Purpose and Duration
Forming a joint venture in India
Joint Ventures can be structured as Corporations, Partnerships (General / Limited), Limited Liability Company (LLC) or Limited Liability Partnership (LLP).
The key to the success of any joint venture lies in the selection of a good local partner. Once a partner is selected generally a Memorandum of Understanding or a Letter of Intent is signed by the parties. In case of those joint ventures where a new corporate entity for example a company is created, the typical agreement in such a case is the shareholders’ agreement.
All above procedure, WSCC help to establish a successful Joint Venture organization for mutual benefit for both companies.
Our members (from any part of the world) need a collaborative mindset to succeed. They need to develop solutions with employees, business partners, and investors on a regular basis. Sometimes, they might have a great business idea that requires expertise or resources from another individual or company.
WSCC facilitates our Business Owners Members to find suitable business partners, established contact, and make their Joint Venture Project start for expansion.
For More Details, Please contact: