A joint venture is when two or more businesses join together to
work on a project for a set period of time. Doing joint ventures
with other businesses can increase your chances of beating
your competition, increase your sales and increase your profits
-you can save money when businesses share operating costs
-you can get referrals from other businesses
-you can save valuable time when businesses share the workload
-you can offer your customers new products and services
-you can gain new business associates
-you can save money by sharing advertising and marketing costs
-you can get free advice and important information from other
You can find businesses to joint venture with online or
offline. I try to find businesses that have the same target
audience, but are not direct competition with my business.
Here are a few ways to find joint ventures online:
-subscribe and participate in e-mail discussion groups, online
forums and newsgroups that deal with your target audience
-subscribe to e-zines that deal with your targeted audience
-note on your Web site or e-zine that you are interested in
doing joint ventures
-search in your favorite web directories and search engines to
find businesses to joint venture with online
Once you find a business simply e-mail them your proposal.
Tell the business owner the benefits of the joint venture.
Explain to him or her why it would be a win/win situation for
both of your businesses. Give them a lot of compliments about
their business, Web site, products and services. Using all three
methods above will greater your chance of constructing a
profitable joint venture. Good Luck!
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