Four Simple Reasons Why Your Business Needs And Will Profit From Joint Venture Partners.
Can anyone continue to deny the totally awesome power of strategic alliances (aka) joint ventures?
And more importantly, can your semi cash strapped businesses bottom line really afford, to continuously ignore, (especially) during a nagging recession this massively underutilized, high profit margin producing, low cost marketing strategy?
I sincerely hope not.
Case in point: the queen of talk shows, “Oprah” and her mega successful television network conglomerate has recently partnered, (Joint Ventured with) Disney Communications.Now that’s a “strategic alliance” if ever there was one!Right?
But the real point is, everyday both on & offline, companies and other long term profit seeking entrepreneurs of every shape and size, join forces to create some type of low cost, high powered (and extremely) profitable long term relationships.
(What some people) like to commonly refer to as “strategic alliances” aka “Joint Ventures.”
And for good reasons; mainly they flat out work.
Also (when they’re done) correctly,they are extremely low cost and highly profitable.Both in the short and long term. Continue reading