Tips To Successful Joint Ventures

When businesses think of team building, business owners usually associate it with building their company’s internal workforce into a lean-mean fighting machine.  Team building, however, should be extended to include external relationships such as those with other businesses.  Enter joint ventures or JVs for short.

Joint ventures generally are business partnerships established between two or more parties (individuals, business groups, companies, corporations) for the purposes of expanding the business and achieving merits by joining forces and working as a team. The parties involved in joint venture agreements complement each other, leverage each other’s assets assets, compensate each other’s weaknesses, and at times equally share risks.

Less than 5% of businesses actually use joint ventures effectively and most don’t even use it at all.  In order to get the most out of joint ventures correctly, multiple factors such as choosing who to partner with, approaching potential partners correctly, negotiating a win-win deal for all parties involved, and having a well-coordinated execution need to be taken into consideration.

There are several types of joint ventures. Big companies may join forces to become even more powerful and thus dominate the market, while small companies may team up to build a stronger presence in their market niche in order to fend off bigger, resource-rich companies. JVs can also be used to gain access into foreign markets. Foreign companies often form joint ventures with indigenous companies that are already present on the market, but lack capital or financing to truly take advantage of the market potential. Foreign companies can bring money, new technologies and competitive strategies into a joint venture deal, while benefiting from the relationships and the brand of the domestic company.

These complementary partnerships benefit all the businesses involved if set up correctly with the right partner.  Here’s a powerful but simple example of a JV that many businesses can take advantage of to grow their small business fast.  It is a highly efficient method of increasing business profits by teaming up with another partner whose business is non-competitive and offers a highly valuable asset, a highly responsive client list that would be interested in your products or services. By tapping into this hidden goldmine, small businesses can save thousands of dollars in marketing expense to reach their target clientele while achieving the goal of boosting the bottom line.  The business offering the vehicle in which to reach these clientele, the client list, benefits from offering complementary products and services that it does not sell and makes a cut of the sales generated from marketing to this list.

Here are 5 tips for joint venture success:

- Choose your partners carefully.  A joint venture has greater chance of being successful if partners have an excellent reputation. An essential component to good team building is having the right partners.  They must be trustworthy and have a high level of integrity.

Joint ventures involve extensive team building effort because it is a relationship between two parties and if the relationship is to last, it must be nurtured and kept going.  Both parties must be able to trust each other and deliver on each other’s promises.  To find the right partner, perform solid market research and approach only businesses you would want to do business with long term.  If you want to form a partnership with a certain company, make sure that its business practices are in-line with yours. It would be very difficult for you to form a reliable team with people who lack motivation or professionalism, so you should look for well-trained, open-minded potential partners.

- Know what to expect from the beginning of any JV relationship.  Know from the start what your goals are, what you want to accomplish, and see if your goals are attuned with the partner.  Each company should come up with a marketing plan and clearly specify what is expected from their potential partners.

Plan your strategy ahead of time and make sure you cover all the legal aspects stipulated in your joint venture contract, like resource availability and management, special allocations, mutual gains, deductions and income issues. Stick to the business development plan and establish new priorities and goals as you progress. By efficiently managing resources and by maintaining a good, competitive business policy, you will secure the longevity and the success of your business.

- Draft proposals like mini-sales letters.  Compose a professional proposal letter explaining the advantages of the joint venture in a convincing way. Keep it short, clear, concise and coherent while briefly introducing your business and why they should do business with you.  Remember to tune in to the radio station your prospective JV partner listens to, WIIFM or What’s In It For Me.

If you want to propose a joint venture to anyone you have to give them a really good reason why they should do it.  Otherwise, they will most likely decline your proposal. Big, successful companies receive many joint venture offers so you have to stand out. You should educate them about the advantages and the benefits of choosing you over the others. If this partner happens to be a dream partner, stay persistent as persistence demonstrates sincerity and determination to make it work for the potential JV partner.

- Avoid shooting too high with your offers.  If you are a smaller business, do not target your offer to a large company first as it will most likely be thrown away.  Instead of aiming too high at this point, establish successful joint ventures with small companies in order to get noticed by the bigger, powerful ones.  Establish a reputation as a solid business owner who knows how to turn joint ventures into gold for their partners.  Businesses naturally gravitate towards successful businesses.  Remember to toot your own horn by announcing JVs through press releases and/or articles in trade magazines.  As your business expands, the competition will quickly become aware of your presence, and there is a chance that powerful companies might come up with proposals of joining forces with your company.

- Be honest and open with all business transactions always.  Once you have negotiated the details of the joint venture, the actual work begins. In order to keep things going, a lot of trust, understanding and expertise are needed for ongoing team building on both sides.  Maintain an open dialogue and always address issues upfront before it becomes a bigger problem that threatens to break up the partnership.

These are the basic rules for joint ventures and it is ultimately up to you to see whether a deal will be successful.  Learn with each joint venture deal to improve on the next deal.  Deals can only be made if you go after them.  With lots of hard work, you’ll develop enough expertise to be a joint venture expert and take your business to the next level.


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Memang sangat menarik bukan kita dpt mengganti DP (display picture) profil BBM kita dgn animasi gif yg lucu-lucu serta gokill sehingga gak terkesan monoton. Andaikan animasi gif dpt dipasang di foto profil facebook atau twitter pasti lebih terasa gokill lagi, ntar kami usulkan sama mark. hihi






Andromax G2 Limited Edition

Lebih kurang cuma satu bln sesudah melepas Andromax V3s & C3 ke pasar ponsel canggih nusantara, Smartfren kembali mengenalkan handset baru. Buat menciptakan khalayak penasaran, sang pembuat membawa satu buah ketetapan menarik : mereka membubuhkan tulisan ‘limited edition‘ sesudah nama G2. Dulu apakah bedanya dgn type G2 biasa?

Sebelum mengupas hal tersebut, hadir baiknya kita mengetahui dahulu argumen Smartfren meluncurkan varian lain G2. Berdasarkan penjelasan sang pembuat, G2 merupakan telpon pintar yg dikhususkan utk keperluan hiburan multimedia. Dulu kalau mau mengetik lebih nyaman, G2 Qwerty pun sanggup Kamu pilih sbg alternatifnya. Tapi hadir sekian banyak batasan yg Smartfren lewati dalam menghadirkan Andromax G2 Limited Edition.

Tidak Sama dari perincian G2 biasa, version Limited Edition menawari monitor IPS lima-inci FWVGA. Artinya dirinya memiliki resolusi display 854×480-pixel. Benar-benar belum high definition, namun Smartfren berjanji monitor tersebut bisa memanjakan Kamu dikala menikmati game mobile & jadi pendamping setia diwaktu berjelajah internet.

Menariknya lagi, Andromax G2 bukan dibuat oleh pabrik sembarangan. Smartfren husus berpartner bersama Coolpad demi menyajikannya. Untuk Kamu yg kurang familiar, Coolpad yakni perusahaan menufaktur ponsel canggih paling besar ke-3 di China, & peringkat keenam didunia. Konon kabarnya, mereka pun ialah pembuat handset 4G super di sana.


Smartfren tampaknya menyadari sekian banyak product entry-level terdahulu mempunyai masalah build quality. Datang gap antara cover serta body, pula finishing yg tdk mulus. Smartfren mengklaim bahwa hal-hal itu tdk lagi muncul terhadap Andromax G2 Limited Edition. Tetapi penampakan saja nggak lumayan seandainya tidak di bekali dgn komponen-komponen serta feature mutakhir.

Demi memenuhi tuntutan tersebut, Smartfren mengajak Qualcomm. Andromax G2 ditenagai system-on-chip Snapdragon berprosesor quad-core 1,2GHz, GPU Adreno 302, memori RAM 512MB, daya simpan internal 4 gigabyte (bakal diekspansi sampai 32GB via micro SD), baterai 2.000mAh. Dirinya di lengkapi pun bersama konektivitas Wi-Fi, Bluetooth 4.nol, GPS, port micro USB & tdk lupa kebolehan khas handset Smartfren : dual mode EVDO dan GSM.

Tidak ingin kalah dari model yg lebih ekonomis, Andromax G2 Limited Edition berjalan di system operasi Android 4.4 KitKat. Jumlah RAM memang lah kelihatan sedikit, namun bersama KitKat, handset bakal bekerja lebih optimal. Sebab ditargetkan yang merupakan pemenuh keperluan hiburan multimedia, Smartfren nggak lupa membubuhkan feature Dolby Digital Plus dan Gameloft Hub – app kusus download game-game buatan Gameloft. Serta berkat Snapdragon Quickcharge, proses pengisian baterai berjalan 40 % lebih serta-merta.

“Kehadiran Andromax G2 Limited Edition ini yang merupakan jawaban atas tuntutan feature hiburan yg lebih komplit dari pengguna,” papar deputi CEO Smartfren, Djoko Tata Ibrahim. “Kini pembeli dapat menikmati pengalaman visual dari monitor lebar lima-inci bersama tehnologi IPS display buat penampilan yg terang ketika main-main game atau browsing.”

Yang Merupakan fungsi fotografinya sendiri, Smartfren membenamkan camera penting bersensor 5-megapixel dan camera video call 1,3-megapixel. Benar-benar kelihatan standar, tetapi setidaknya terdapat kekuatan autofocus serta LED flash.

Program peluncuran Andromax G2 Limited Edition di Jakarta tempo hari disebut-sebut juga sebagai event terakhir Smartfren di th 2014. Seseorang sahabat jurnalis menanyakan pertanyaan yg muncul di benak kita seluruh, apakah argumen Smartfren mengusung nama Limited Edition. Nyata-nyatanya hal tersebut yakni strategi marketing mereka.

Sang deputi CEO menerangkan, kebanyakan Smartfren menyiapkan sampai satu juta ponsel canggih dalam satu model. Tetapi G2 Limited Edition cuma diproduksi kurang lebih 100.000 satuan saja. Di Sayangkan belum hadir informasi lebih lanjut soal handset EVDO Rev B terkini & kabar mengenai ponsel pintar 4G LTE mereka.
Harga Andromax G2 Limited Edition ditawarkan seharga Rp 1,1 juta, serta dibundel dgn flip cover cuma-cuma serta paket data free se gede 600MB sewaktu seminggu.

Cheat Drag Racing

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