Partnership

A recent article, 5 Mistakes to Avoid – and One Thing You Should Do to Build Successful Partnerships by Jeff Charles  says that good partnerships and networking are essentials to business success.  The purpose of any partnership is to always benefit both parties.  Nevertheless, every partnership is different, and even the best partnerships can go wrong.

Here are tips to have successful partnerships.

1. Have several partners/backups

Most deals will not bring exactly what you expect, so if you feel anxious about a deal working out, it is time to start calling on other partners.

2. Look for various means to collaborate with your partners.

Sticking to a plan is fine, but missing other significant collaborative opportunities may prevent your partnership from thriving. Think of other ways you can collaborate with your partners in plug-and-play Offices.

3. Set up something significant to get started.

Get started to build momentum. For instance, a simple tweet about your plan to work with a certain partner, a timeline of actions, or a booking in a conference room for rent to discuss ideas with long a distance partner.

4. Offer something beneficial to both parties.

Making it convenient and easy for people to work with you is the key to building long-term relationships. For instance, you can offer a free gift of your product/services, a database or some research you can share with your partner. Your partner wants this alliance to work as much as you do, so giving a little bit of trust can go a long way.

5. Always ensure you have open communications.  

Constant communication is the key to moving forward in any partnership and it also helps you build a better reputation. So when your business is facing crisis, don’t go AWOL without a word.

Conclusion

These tips will help you succeed in your partnership and your new venture. Looking for a prestigious business office? YourOffice has come alongside hundreds of business looking for everything from staffed flexible offices to agile office space. We know your business is unique, and your office space shouldn’t be any different. Let us match the perfect space or service to fit your business needs.

How do you associate with other businesses?  Let’s see your comments. We also invite you to see us on Twitter and Google Plus.

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