- May 6, 2016
- Posted by: Chowdhury Shahid Uz Zaman
- Category: Business News
Many businesses are already in networks and also are very successful; do you know what this is?
It is because the new way of doing business in the twenty-first century is business networks. It is important to note that the networks are not multi-level; these are only a subset of networks such as branches, dealers, franchises or representations.
Each company should be looking for ways to network. There are many examples: convenience stores, supermarkets, multilevel networks, catalog sales business, business representations, franchises, etc. They all share a common feature: they all come together to share value and, in synergy, do more than they can do alone because it is a way to compete with more power.
Each participant adds value: the supplier becomes a partner to help you and enables you to sell more, the customer an ally because it will give referrals or will recommend to more people, because employees will help partners grow.
This becomes an essential key to business success in this century. And most important to have a business with this approach is that it will generate more certainty, less risk and especially increases the ability to make money.
Entrepreneur, you want to move to the next generation of business, do not stay behind. So if your business now has financial limitations it is probably because you are not connected to the channels generating business value networks or networks growth. So it’s time to connect NOW!
Today networks are a mechanism of last generation to make more sustainable, predictable and more likely to succeed business.
You may also like to read another article on Heygom: 5 Reasons that keep you from realizing your dreams
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