Home Features Mastermind Videos About Advertise Blog Network Contact
   

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

Featured Ebook


ebook Famous Entrepreneurs - Modern Empire Builders


Featured Ebook

More Evan Carmichael
Have A Suggestion?

Sales Lessons From Starbucks And Dell

Building Your Business Top Ten: Finding the Best Partner



Building Your Business Top Ten: Finding the Best Partner
   

10. Hounding trade shows.

Pro: Industry trade shows can be a great way to meet and forward a potential relationship. Con: the cost, time and energy are not guaranteed to produce top-of-the-line results.

9. Local networking events.

Pro: Ability to create a local partnership inexpensively. Sometimes the best for one-person sole proprietorships or small companies (less than five employees) starting service-based businesses. Con: usually not industry or subject matter guaranteed.

8. State-wide resources.

Pro: Resources like the Small Business Administration (SBA) offer Business Information Centers in more than eighty cities across the country. The counselors are in touch with up and coming companies that might be looking for company with a product just like yours. Con: time and money spent in going to the BIC.

7. Industry media coverage Pro: Positioning your partner strategy to a broad audience so they come to you. Con: you either have to be a PR expert or hire one.

6. Search web sites.

Pro: Expedient search of potential partners by category. Con: Inability to confirm alignment of their partner objectives with your own.

5. Self-posted bots.

Pro: Posting your own partnership needs drives potential partners to you. Con: Announcing your partner strategy to the known universe.

4. Vendors.

Pro: Those individuals who know your business undoubtedly have an opinion about how you can be doing your business faster and more efficiently. Tap into their perspective once in a while. Con: The vendor is not in possession of your own partner strategy, and will need to be told what you are looking for in order to send you qualified potential candidates.

3. Suppliers or dealers Pro: same as above. Con: Your own dealers, once in possession of your partner strategy, might go over to the potential partner, thus turning that entity into a potential competitor.

2. Customers.

Pro: Those who purchase your products or services are in a great position to know what products/services might be best marketing, sold or serviced together. Con: Disclosing partnership strategies to customer’s causes uncertainty and concern that you might be changing your processes and procedures, or worst, increase costs.

1. Partner development bulletin board.

Pro: Seeking and qualifying potential partners in specific industries quickly and cheaply. Con: Taking the time to develop a partner portal.

More information for the entrepreneur can be found at www.bmginc.com or at www.MyBizHomepage.com

Building Your Business Top Ten: Finding the Best Partner - To learn more about this author, visit Sarah Gerdes's Website.

Like this article? Share it with your friends
[Get Copyright Permissions] E-Mail | Print | More  


Related Articles Related Articles
THREE RING DISASTER
  A great sales horror story, visually funny, teaches a couple sales jokers a serious lesson.
Finding the Right Business Partners
  The right partner can ease the road and multiply the profïts of your business. Whether you are looking for investment funds, advice, a complementary skill set, or helpful associations, these insights will help you c...
Accountability for your Career
  Being accountable to someone else is constraining.  You can't just do anything you want. You must do it the manager's way and in the manager's time frame. After you’ve left a job being accountable to only yourself ...
Passing On Your Home Business
  A big part of the business world is passing on your business to someone as you get older. There are many home or small business owners that make a big production of this, in the same way that a larger business is go...
10 Rules for Attracting a Big Partner
  Building a winning relationship: 10 rules for landing a big partner.

Related Forum Posts Related Forum Posts
Hi - I'm Martin Haworth Hi - I'm Martin Haworth
Books for the Entrepreneur Books for the Entrepreneur
Type of business with building Type of business with building
Re: Great start, but no finish Re: Great start, but no finish
Free Downloads For Startups! Free Downloads For Startups!
My entry My entry
Rich Schefren on Business Systems Video Rich Schefren on Business Systems Video
Re: Great start, but no finish Re: Great start, but no finish

 
About the Author


Sarah Gerdes
(Visit Sarah's Website)
Sarah Gerdes is recognized as one of the leading partnership experts by Fortune, Inc. Magazine has represented governments, F50 firms and small businesses in forty-five industries. Learn her secrets to jump-starting revenue here.
Have A Suggestion?

View Author's Blog
Become An Author

View Author's Video
Become An Author

Free Downloads


Sarah Gerdes's

Complete
List Of
Marketing
Articles

First Name
Last Name
Email
 
If you enjoyed this article, get Sarah Gerdes's Complete List of Marketing Articles For FREE!
Become An Author