A hot mergers and acquisitions market goes together with joint ventures like ricotta and honey. (If you’ve never spread that concoction on a crostini, do it immediately). Matthew Scott, writing for Corporate Secretary, says that with nearly $3.5 trillion in worldwide M&A activity last year, coupled with a sluggish economy, many corporations are considering joint ventures to expand their business.

But not all joint ventures are as delicious as soft homemade cheese. “The quality of a company’s due diligence will determine whether it has a successful venture with a shot at profitability, or whether it will enter into a partnership that exposes it to internal investigations, lawsuits and increased regulatory approval,” says Scott.