Entrepreneurship on Line

Aiming for skilled entrepreneurs.

Wednesday, January 7, 2009

Business Partnering

According to Wikipedia, the free, on-line encyclopedia,
Business partnering is "the development of successful, long term, strategic relationships between customers and suppliers, based on achieving best practice and sustainable competitive advantage." (Lendrum, T., The Strategic Partnering Handbook, A Practice Guide for Mangers, McGraw-Hill, Nook Company, 1997, ISBN 0074708791.)
This is crucially important for entrepreneurs, particularly in the early stages of their business when they need all the help they can get. It's also important as you're trying to cut costs to control costs and boost sales. grow.

You have to have partners. Partners allow you to fulfill your responsibilities to your customers, but if you work to develop them they will give you an information and opportunities you would never have been able to realize otherwise. It just makes business more fun if you go through it with somebody else.

What do you think about this? I'd like to know. Post a comment.

Entrepreneurship 2.0 is my entrepreneurship course. The ideas in it supply the life's blood of my professional activities: teaching, writing, and real estate. For entrepreneurial real estate go to www.yourstopforrealestate.com/blog and for entrepreneurial writing to www.kearneymusicschoolmurders.blogspot/com.

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