Here at Next Level Purchasing, we field a lot of requests to \u201cpartner.\u201d Some we\u2019re interested in exploring, others are merely clutter that we barely have time to respond to. So, I thought that I would put together a quick post to (a) help potential joint venture partners cut through the clutter and present themselves most effectively and (b) help others recognize that proposing a partnership would be wasting their time.<\/p>\n
Don\u2019t miss updates on Procurement & Supply Chain, Subscribe here!<\/p>\n
Here are some guidelines to partnering with Next Level Purchasing:<\/p>\n
1. Have a track record.<\/strong> We are only interested in joint ventures with organizations that have been around a while and are known in their niche. If you have just started a business or are thinking of doing so, I wish you luck but we are only interested in investing our time in exploring joint ventures with proven entities. I can\u2019t tell you how many unemployed individuals ask to be our \u201crepresentative\u201d in their country.<\/p>\n 2. Have an idea.<\/strong> If you reach out and ask if we can partner, have specifics on what exactly the joint venture would entail. If we speak, I will ask you how you see a joint venture working. Please don\u2019t reply by saying \u201cI don\u2019t know, what ideas did you have?\u201d If you contact us, you should be prepared.<\/p>\n 3. Estimate the quantifiable benefits to all involved.<\/strong> We are very interested in joint ventures that will help us add value to our students and the members of the Next Level Purchasing Association. Of course, we are interested in ways of growing revenue and getting leads, too. Additionally, maybe you want to add value for your customers. And you probably want something out of the deal. So what are the benefits of your idea for each constituency?<\/p>\n 4. Be ready to implement immediately.<\/strong> Joint ventures that are put off for a later time usually wither on the vine. If it\u2019s worth doing, it must be worth doing in the next month or so. Don\u2019t make it too complex because it will never get done.<\/p>\n I\u2019m sure I\u2019ll think of more guidelines and, when I do, I\u2019ll post them in the comments below.<\/p>\n","protected":false},"excerpt":{"rendered":" Here at Next Level Purchasing, we field a lot of […]<\/p>\n","protected":false},"author":12,"featured_media":4103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procurement"],"yoast_head":"\n