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Tip 35: Business Alliances Are Key


We have found that our best strategy for growth and market awareness has been through association.

In today’s business environment no company can expect to provide all services under one roof. In fact most companies today rely on their business partners to bring complimentery offerings to the table.

Our alliances have been fundamental to our growth and market awareness. We may have been a small company but by adding complimentery services our value add grew. Customers come to us first for advice and recommendations before they approach our business partners.

We provide project management and not just referrals so we can leverage our strengths with those of our partners. It also eases our clients by providing support for their technology endeavours.

Additionally our business partners provide additional promotional opportunities. They can also add to their service offering which mutually benefits both parties.

Small businesses need to show they can measure up to larger sized competitors by leveraging their service or product offering. This approach helps to remove barriers and if executed correctly could have your business partners recommending you and adding to your referral base.


Contributed by:

Chris Boothe
FavorWare Corporation
Telephone: 905-826-6327
Email: info@favorware.com
Web site: http://www.favorware.com

 

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