Small Business Guide - Small Business Resources
    (Add to Favorites  |  View All Articles  |  Resource Directory)

Finding the PERFECT Alliance Partner


Where do you look for the appropriate alliance?

One of the most asked question is "Where do you find a good alliance partner?" It is actually fairly easy. You can find potential alliances by taking some time to research potential partners. Remember that you should start by focusing more on finding the potential partner than you do on implementing the alliance.

You should rely on your own business relationships and referrals from your current customer base or contacts. It is through referrals that the best possible linkages are obtained. Yes, there are other ways to get potential partners and those can also be explored, it is just that they take a little longer to cultivate.

Looking at the associations you belong to is one way you can add candidates to your list. Only choose those that are not offering the same product or service as you. Trade groups, such as trade organizations are an excellent source as well. Your local Chamber of Commerce has many members and you will find several potential alliance partners in their directory.

You should also search job boards for companies that are looking to hire in your area of expertise (especially if you are a consultant). The important thing is that you make an extensive list of candidates.

Having made a first draft of possible candidates, the next step in your careful planning is to make sure that the potential alliance partner is open to adding your products or services to their current line of business. You also need to make sure that there is sufficient profit for the alliance to work. Besides profit, there also needs to be a market for what each of you offer.

Once you have made your short list of candidates, make sure that you do some research into their business ethics, customer testimonials, and general business dealings. If you do your homework, you will have a better chance of finding the right alliance partner.

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:

News provided by Yahoo! News and Google News

Small Business Administration releases states’ small-business profiles
The U.S. Small Business Administration’s Office of Advocacy has released their annual “Small Business Profiles for the States and Territories” report.

Small biz and targeted tax breaks moving in Fla. House - Bizjournals.com

Small biz and targeted tax breaks moving in Fla. House
Bizjournals.com
TALLAHASSEE—A House committee Wednesday approved a series of tax breaks that would save millions of dollars for small businesses --- while also helping specific taxpayers ranging from agricultural packing houses to real-estate salespeople. Gov.

and more »

Is Facebook advertising right for your small business?
BizBytes 101 shares tips for navigating the issues of social media advertising.

Small business notes: Harley to offer leasing program
Chrome Capital, a new, Naples-based finance firm, has struck a deal with Scott Fischer Enterprises to offer Chrome's TestRide-brand leasing program...

Parallels: Windows-on-Mac Guys Say Small-Biz Software is Sexy - Xconomy

Parallels: Windows-on-Mac Guys Say Small-Biz Software is Sexy
Xconomy
Most people probably know Parallels as the company that puts Microsoft Windows on the Mac. And as Apple products continue their almost unbelievable proliferation, that's not a bad business to be in—Parallels is seeing strong growth tied to Apple's ...

and more »

Oh baby! Small biz scores huge Angry Birds deal - CNN

Cleveland News - Fox 8

Oh baby! Small biz scores huge Angry Birds deal
CNN
By Parija Kavilanz @CNNMoney February 2, 2012: 6:09 PM ET SwaddleDesigns, a Seattle-based small business, scored first-ever license to make baby products for the mega-popular Angry Birds brand. NEW YORK (CNNMoney) -- A small Seattle-based company hit ...
Small Biz Scores Huge Angry Birds DealCleveland News - Fox 8

all 103 news articles »

Take a small business health check
IS YOUR business up and coming, going from strength to strength, faltering or failing?

Small Business Summit deemed successful
The second annual Small Business Summit offered through the Sampson County Economic Development Commission and the Small Business Center at Sampson Community College proved to be successful. Despi...

Next Street, Citi create $30M small-biz lending fund - Crain's New York Business

Next Street, Citi create $30M small-biz lending fund
Crain's New York Business
The Next Street Opportunity Fund aims to bolster existing, growing businesses with revenues between $5 million and $60 million. By Eilene Zimmerman The merchant bank Next Street has partnered with financial services company Citigroup Inc. to create ...

and more »

BUSINESS TIPS: Internet presents a new market
If you are like most small business owners with a "brick and mortar" storefront, you think of your market in terms of those customers who will walk or drive to your store to purchase your goods.

Home | Site Map | Privacy Statement | More Articles
© 2006