Joint ventures can bring your business many good things. However, it also get you shut off, ruin your reputation and accuse you of being a spammer. But this is only when you do not take the proper precaution needed upon getting into one.
There are basically three things that should never be done when making a joint venture proposal to your targeted partners.
Take a look at these things and see if you are doing one or two of these.
No plans.
You need to plan your every action first before you send out any proposal to your potential customers. You have to decide who to send it to and your expectations from them in return.
When making your offer, answer some important questions first.
What is there in your business that will make your potential customers want to joint venture with you?
Will you be offering bonuses? What will be the basis of your commissions and when will they be available?
Joint ventures experts will tell you that you should not offer a commission that is less than 50 percent. Why so? Because you want to show your partner that what you are giving them a fair offer; one that will be beneficial for both...
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