JOINT VENTURES… ENJOYING SUCCESS WITH THE RIGHT COMPANY

Branding, Networking, Productivity, Small Business

If you are considering a joint venture with another company, you’re actually thinking WAY beyond yourself and your own goals.  You are thinking BIG.  Strength in numbers, as they say.  Think about it… this goes beyond the whole “I’ll scratch your back if you’ll scratch mine” mentality.  This is mutual collaboration. 

This is it.

This is the real deal.

There are many strong reasons behind forming a joint venture, even if your business already has great growth potential and innovative ideas.  Think about it!   Why not if you can expand your business, move into new markets, perhaps even concentrate on overseas ventures? 

It is worth undertaking if you are able to grow your business, and the joint venture allows you access to more markets and gives you increased technical knowledge and resources. 

Before you jump in with what seems to be a perfect company to join forces with, take time to consider these questions:

1)      Are the objectives of the venture clear?  Make sure that there is constant communication with all parties involved and that nothing is assumed.

2)      Are the objectives the same?  This is important… you need to be working towards the same common goals.

3)      Are the management styles the same?  Different cultures and backgrounds could result in poor outcomes.   Be careful with this.  Discuss management techniques in-depth, and make sure that similarities outweigh the differences.

4)      Do both parties bring the same balance of assets, expertise and investment to the relationship?  If it is too imbalanced there will likely be problems.

5)      Is there an agreement on the type and amount of leadership which will be available to support this venture, especially in early stages?

6)      Has there been continual dialogue and communication of the business plan to everybody involved? 

A successful and productive joint venture is like a perfect marriage….it takes a lot of work and communication but it can be done, and when it works it is a beautiful thing!   

 

Archives

J

sign up now

to get the BEST offers and deals!

6

sign up now

to get the BEST offers and deals!

So Many Great Ideas

so little time

Are you an entrepreneur that can't remember which way you are going right now?

You don't have enough hands, time, clients... or maybe all three?

We specialize in helping you with the things you hate to do or frankly just suck at doing...

When is now the right time to admit that you need help with that growing task list?

You don't have to know what to get done first we can work on that plan together.

Yes, we work with all types of businesses, all over the world and in all budgets.

The time is NOW!

Free Offer Of The Month

5 Profile Tips for More Yeses on LinkedIn

LinkedIn is a huge social media for business connections. If you want to see what people are looking at when determining when to say yes to a connection or a message we have that for you. Click Here For The Free Checklist...

Skip the DIY & Get Your Profile Upgraded by a Clone

You are a smart business owner so let's jump in and get this done now. Our professional copywriters will have a call with you and optimize your profile for you, SPELLCHECK and proper GRAMMER included!. Click Here To Purchase Now...

The Big Leagues... LinkedIn Lead Gen Done For You

Are you wondering how people spend so much time to find leads on social media and you haven't had time for laundry this week? It's because they have help. Santa's elves need something to do the other 11 months of the year. SHHH they are working for us.  Click Here For Program Details...

Pin It on Pinterest

Shares
Share This