SEARCHING FOR BUSINESS PARTNERS
USE THE POSSIBILITY OF COOPERATION
If you want to ensure constant sources of orders, expand your business to exotic markets, or simply expand the group of your clients. It is worthwhile to outsource the search for business partners to an external company.
Since the effective search for business partners can only be carried out by a qualified team that is supported by representatives who are specialized in target markets, then a step-by-step approach to searching for partners, implemented using the step-by-step method of the contact funnel, ensures high responsiveness and efficiency with limited financial resources.
When you will decide to do the market research, we will establish a selected team of 30 specialists working in ConQuest Consulting and the support of our over 250 network partners that are active in the full spectrum of various markets, industries, and specializations.
Our services support many clients in obtaining external financing, including EU programs. We provide consulting services in programs such as: Go to Brand, Grant 2.4.1
One of the ways of running a business is cooperating with other economic entities. It can be on the trail on many levels, starting from designing, through production and supply of raw materials to the distribution of finished products.
Searching for business partners requires considering many aspects, thanks to which it will be possible to guarantee the greatest benefit.
Benefits of cooperation with a business partner
Before an entrepreneur signs a contract with a potential partner, he should consider the effects of such cooperation. A missguided choice can be unprofitable and will be beneficial for only one side.
Therefore, the decision should be made after a careful analysis of the financial condition and position of the selected candidate on the market, as well as their capabilities and needs.
On the other hand, a business partnership is a very profitable solution that allows you to significantly reduce production costs or expand the range of services.
This is since the selected company may have an expensive machine park, patents, a group of specialists or a well-equipped transport base. By bringing these elements to cooperation, it eliminates the need to purchase expensive equipment or staff training.
Partners matching – searching for business partners, is now appreciated by many entrepreneurs. However, choosing the first company with a specific profile is not enough to establish beneficial cooperation. That is the reason why it is worth using professional consulting services that will significantly increase the chances of finding the right partner.
Partners matching – what is it about?
The first step to establish a business or commercial cooperation is deciding that there is a need for a partnership. It is especially beneficial for small companies that do not have the potential to manufacture a given product from the beginning till the end. Such activities also apply in the service field.
Finding a trade or business partner is a four-step process.
Determining the company’s own needs – this is the first stage, that is about analyzing the possibilities of your factory and finding those areas that require support. It can be a machine park, technology or a cheap intermediate product. Defining needs also means analyzing the company’s development opportunities, e.g. by launching a new production line or providing an additional service.
Creating a list of potential partners – partners matching requires gathering a larger number of potential candidates that will enable you to compare them and choose the best candidate. Preparing an offer – this is one of the most difficult stages, because it requires the creation of a document that will not only interest the potential recipient, but also provide him necessary information. In creating such an offer not only reliability, comprehensiveness, indication of mutual benefits are important, but also the layout of the content and language.
The dangers of searching for business partners
One of the mistakes that entrepreneurs make when they decide to cooperate is underestimating the process of acquiring new partners. The consequences can be unpredictable, including bankruptcy. To increase your chances, it is worth using the professional support of ConQuest Consulting.
Thanks to a wide range of experts, searching for trade and business partners will not only be easier, but also more efficient. Guided by knowledge and experience, we use the contact funnel method in practice, thanks to which we achieve the best and proven results.