Small Business Information |
Business Relationships Defined
What makes a business relationship? What really makes a business relationship? This may be very hard to define as it goes beyond just meeting the person and chatting about something you have in common. A relationship is developed over a period of time and usually does not happen instantly. I once met a person at a Rotary function and this person was ideal for me as a business partner. I spent some time chatting with him at the event; we exchanged cards and agreed to meet on another occasion to discuss our mutual needs. Approximately 3 months went by before we had a chance to re-connect. At that time we found that we both had a common interest in viewing movies and both our spouses did as well. It was at this point that we decided to go to the movies as a group that weekend. This was the beginning of the business relationship. We had something in common that we both enjoyed. It has now been 2 and a half years later and I am just starting to do business with this person. This story simply means that you do not make instant business relationships, they must be nurtured. In another example, the process was much quicker. I met a CPA at a networking and problem solving meeting, and we instantly discovered that I had some services he required and we agreed to meet to discuss the project. We also created a business relationship in that I agreed to help his son to write his first book. This relationship took a period of two months, not two years. What really makes a relationship is a common interest or goal and a fit for what you each have to offer. A business relationship is not a one way street, there must be give and take or it will fall apart. If you have the expertise necessary, the development of the relationship will be shorter than if you have to search for something that will click. Personal interests, the direction you want to take your business, even your focus, all come into play. Bette Daoust, Ph.D. has been networking with others since leaving high school years ago. Realizing that no one really cared about what she did in life unless she had someone to tell and excite. She decided to find the best ways to get people's attention, be creative in how she presented herself and products, getting people to know who she was, and being visible all the time. Her friends and colleagues have often dubbed her the "Networking Queen". Blueprint for Networking Success: 150 ways to promote yourself is the first in this series. Blueprint for Branding Yourself: Another 150 ways to promote yourself is planned for release in 2005. For more information visit http://www.BlueprintBooks.com
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
RELATED ARTICLES
Web Based CRM Systems: Get Mobile; Get Results Everyday more web based companies enter the business scene. The low initial investment, potentially high revenue, and convenience of owning and operating a business from your home PC or laptop is enticing an ever-increasing number of entrepreneurs to try their hand at e-business. Power Tools for Business How do we keep track of our business deals?If you are only working with one or two deals, keeping track of them is a simple matter. However, most of us have far more than two deals on the plate and even more coming down the pipeline. Collaborative Negotiating: A Win-Win Strategy COLLABORATIVE NEGOTIATING:Collaborative negotiating is a win-win strategy that can focus the resources of the people involved in the process towards strengthening results, productivity, quality, creativity, and innovation in problem-solving. To use the collaborative approach to negotiating you will have to agree on the aim of negotiations. Top 7 Small Business Tax Tips Here are seven ways for owners of small businesses to save money on their taxes.1. The Most Important Decision of Your Massage Business Career Don't you find that there are so many decisions you need to make each and every day regarding the direction of your massage practice. Especially if you are a solo-preneur or own your own massage business. Shortcuts Will Kill Your Business Think of your business as a living, breathing, organism. It requires you to give it a large portion of your time and effort in order for it to grow and flourish. Measuring Your Way to Success Are you a motivational speaker who consistently gets rave reviews yet your ratio of speaking to return rate is not where you would like it to be? Perhaps you are a trainer whose delivery is complimented time and again, and yet you are only being asked by 10 to 20% of the clients you see for a repeat performance?Are you starting to think that there is something wrong with your message or delivery despite the rave reviews? Maybe you were wondering if your fee is too steep. That may be a valid concern when organizations are faced with discretionary spending, but the rule of thumb is that you are only charging too much if more than 1 in 5 people complain about it. Small Business - Would You Still Need An Accountant If You Didnt Need A Tax Return? After over thirty years advising small business it still comes as a surprise to see the number of small business owners who are only interested in their financial results when it is time to do their tax return.Many still think that their accountant is there to 'cook the books' at tax time!It is not surprising that almost invariably the business owners who approach their accounting in this way are those whose business is not doing well. Book Yourself Solid Key #5: Go Forward With Gusto & Articulate What You Do Want your small business to flip instead of flop?! Statistically half of the entrepreneurs reading this will be out of business in three short years. Establishing a long standing, profitable and successful business absolutely depends on your ability to convey a clear message. Can Your Business Run Without You? What would happen if you decided to take an extended vacation? Would you still have the same business results when you returned?I met a business owner recently who told me an interesting story. His business was 15 years old and he had approximately 50 employees. Choosing a Truck Wash Location in Nevada, Case Study There are several well-known truck washes in the Great State of Nevada. Truckers need to get their truck washes as they travel West into California after coming off the mountains thru the weather, which dirties their trucks. Marketing Your Small Business with Success Stories -- The One Pager Shortcut Series --An effective and compelling way to market your business is through the use of success stories. What exactly is a success story? How does it market my business? How can I get started with my own success stories?Consider the following: What exactly is a success story? A success story briefly describes how your business served a client/customer and what results the client/customer achieved. Image of Your Franchise Automotive Outlet is So Important Image of your franchise automotive outlet is so important. Some say image is everything, well then if you buy a franchise you should be constantly thinking of image and cleanliness. Overcoming Your Biggest Competitor Before you read any further in this article, I'd like you to take a moment and write down who your biggest competition is.OK, got it?I'm going to go out on a limb here and tell you that no matter what company you wrote down, you're wrong. Dynamics of Daylight Savings Time on Service Businesses in the United States The Dynamics of Daylight Savings Time changes the way we live and do business. What are the true dynamics of daylight Savings. Looking for a Business to Run in the New Revitalized Downtown Area? Looking for a place to add a Quick Lube away from your Super Wal-Mart Competitor? Down Town Revitalization, Why You Should Be Part of Such a Committee.A study showed that within the next five years 20% of LOF- Lube, Oil and Filter Independent Owners said they had plans on adding one or more facilities. Your Practice is Only as Valuable as Your Referral Base Many physical therapists in private practice have the appearance of a very successful business that is built on the backs of about four to five doctors. Now if anything would happen to any of these guys, the value of these practices would drop markedly. How to Compete with the Big Guns?! Many small business startups fail within the first 2 years of existence. There are several different factors reason for the failure. Increase Sales in Your Home Business With These 10 Simple Ideas Every home business has the same problem of how to increase sales without a hugely expensive marketing campaign. By utilising the following simple ideas you will be able to do just that. How to Become Successful in the Field of Financial Consultants Financial Consultants are one of the fastest growing industries today. More and more people are requiring the services of a finance consultant to get out of debt, and/or prepare for educational and retirement expenses. |
home | site map | contact us |