joint ventures

Just in case you needed a list, here’s one of 50 ways that joint ventures can add a boost to your business.  Among the highlights are the ability to: Increase your credibility by teaming up with other reputable, branded businesses Gain new leads and customers Offer existing customers a wider range of new products and […]

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Way before we get to the legalities of a joint venture, it’s important to start with a mindset of knowing why we want to get into one in the first place.  As with romantic relationships, to get into one “because everyone else is,” tends to be a lousy justification which produces lousier results.  In his […]

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Here’s a helpful post by Chris Flett, author of What Men Don’t Tell Women About Business, outlining four important steps in developing a profitable venture.  To summarize: Set expectations Develop a style of management that all can work with Make it easy for contributors, staff, and vendors to work in the model Find a way to marry […]

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As reported in DMW Daily online, five major magazine publishers have announced a joint venture to capitalize on the growing trend of portable digital devices, such as Kindle and Nook. The idea behind the joint venture is to create common standards for a new digital storefront . . . and hopefully sell more magazines to […]

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Post image for Using Strategic Alliances to Grow Your Business

In this economy, cash may be too tight to indulge in those grand expansion plans.  But have you considered looking in your own backyard?  That is, by leveraging the business relationships you already have? Join me at NAWBO-NYC’s Entrepreneur’s Roundtable from 6 to 9 p.m.  Through an interactive workshop, we’ll explore how to: Think strategically […]

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Remember the bovine spongiform encephalopathy (“Mad Cow”) scourge of the early 1990s?  Well, with approximately 60 million head of cattle in beef processing plants at any one time in China, it should come as no surprise that a joint venture has been announced to develop a “Mad Cow” test there.   According to MarketWatch online, […]

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Post image for Transformative Collaboration

Although written from a not-for-profit perspective, Alison Rapping of Alison & Associates (a not-for-profit consultancy based in Arizona) shares my view that “collaborations are going to be a driving force in building stronger relationships.” In particular, I think that collaboration (or what I would call “alliances” in the for-profit sphere) will become more and more […]

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You spend months creating a product, designing a website, and having copy written and tested. You spend countless hours schmoozing joint venture partners. Then your launch day comes, you “push the button” and… The silence from lack of orders is deafening. Welcome to the persnickety world of joint ventures — in this context, more accurately […]

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The latest scuttlebutt in the media world is that CBS and CNN may be considering some form of joint venture.  As reported by Tim Arango of the New York Times, CBS may outsource some of its news-gathering operations to CNN.  The advantage to the two companies, as Arango points out: For CNN, a deal with a […]

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What do you do when facing a recession?  Lori Williams has some ideas in her blogpost, “Recession — Who Knows?”  She points out that in a down economy, a company in a less-than-ideal financial position will be hampered in its ability to get outside capital.  A solution?  Consider innovating through a strategic alliance or joint venture.  […]

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