what factors should be taken into account when considering a joint venture?
['Know your partner. This is obvious. ... ', "Know your partner's national culture. ... ", 'Decide on the respective roles in detail at the start. ... ', 'Discuss contingencies before the agreement is signed. ... ', 'Create a detailed joint venture agreement. ... ', 'Clear performance indicators. ... ', 'Establish an open dialogue. ... ', 'Keep good records.']