Russ: This is the PKF Texas Entrepreneur’s Playbook. I’m Russ Capper, this week’s guest host, and I’m here with Mike Devonshire, COO of Joint Venture Strategic Advisors, also known as JVSA. Welcome to the Playbook Mike.
Mike: Thanks for having us Russ.
Russ: You bet. So we’ve discussed JVSA a couple of times here with Kenneth Guidry but share your perspective; what us JVSA?
Mike: Absolutely. JVSA is a firm that specializes in helping companies manage their joint ventures; whether that’s setting them up, managing them or more specifically auditing them we like to think that we can help any company that’s involved in a joint venture through any aspect of that venture.
Russ: Really cool. So JVSA could be a little complicated if the cultures, the companies didn’t actually match up. How do you make that happen?
Mike: Absolutely. Well we’ve got lots of experience and that’s the biggest thing. We’ve seen all sorts of joint ventures and we’ve been involved in all stages of them so there’s really not a lot we haven’t seen before and not a lot we haven’t helped our client’s with in the past.
Russ: How many joint ventures have you been involved in?
Mike: In the last 6 months alone we’ve probably gone through 30 or 40 of them where we’ve helped our clients through them and we’ve added value in every situation I’d be confident to say.
Russ: My goodness. I guess some of them don’t last long though too, right?
Mike: That happens and our rule really is to help companies make informed decisions. They’ve entered into an agreement, we’re there to help them make sure they’re living up to that agreement on both sides and help them manage that going forward and if that’s being more efficient or that’s terminating it, that’s what we’re here to help with.
Russ: Okay, real cool. All right, so you mentioned audits a while ago; I want to follow up on another session of the Entrepreneur’s Playbook and get into audits, is that okay with you?
Mike: That’s a great, I’d be happy to talk about that.
Russ: All right, well thanks a lot for spending some time with us.
Mike: Thanks Russ.
Russ: You bet. To learn more about JVSAs visit JVSA.com. This has been another Thought Leader Production brought to you by PKF Texas Entrepreneur’s Playbook.