Help & How-To

Business Opportunities
How would one break the ice with a competitor to start a semi-partnership?
How would one break the ice with a competitor to start a semi-partnership?

Asked by luke
Posted: Tuesday, August 21, 2007  |  Found in Business Opportunities


More answers by Brad Sugars
Answer by Brad Sugars
<P>Luke</P>
<P>Working with your competitors can be a great way to grow your business and your approach is really dependent upon whether you are going to be bringing them business or if you want them to bring you business.</P>
<P>Either way, I would start with a quick phone call, letting them know you are sending them a proposal that you are quite excited about. Put your ideas in writing, but only in summary to let them know you want to explain in full later when you meet.</P>
<P>Then give them a quick call to arrange getting together.  You will very quickly know if they are interested.</P>
<P>All the Best ... Brad Sugars</P>
<P>PS ... Remember the legalities of major competitors coming together around prices etc.</P>
Brad Sugars is the founder of ActionCOACH, a business coaching franchise. As a world-renowned entrepreneur, author and business coach, he has helped more than a million clients around the world find business and personal success. Sugars has owned and operated more than two dozen companies including his main company, ActionCOACH, which has nearly 1,000 offices in 22 countries.


Recent Articles & Resources
Insight from Business Experts
Leadership In Troubled Times
I have something of a rant in me - and it has to do with politics. But this isn't a partisan rant, it's a rant about leadership in troubled times. Like all of you I've been riveted by the unfolding financial crisis - as have my employees, all 86 of ...

Ten Steps to Successful Online Book Marketing
Marketing your book online is both rewarding and challenging. It’s rewarding because much of what you can do online is either free or low cost. Knowing what to do and in what order is the challenging part. There is a method to marketing your book online that you'll need to follow ...

Some Quick Tips For Small Businesses In This Financial Crisis
The best advice I ever heard was when a wise person said to me the time to evaluate your business cost and cash position is not when times are tough but when times are good. Even so, most people don't do that. However, there are many things a business ...

Venture Capital: Hurt By The Credit Crisis?
Recently, there has been some discussion about whether the credit crisis is helping or hurting venture capitalists. The argument that it is helping holds that the credit crisis has made returns from venture capital investments more favorable than returns from other types of private equity. The high returns to private equity ...
Have a burning question? Ask now!