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Startup Business Development Strategies – How To Avoid Unproductive Deals
Startup business development includes strategic marketing partnerships, sales channel development, and distribution agreements, generally with larger firms in the space. It can be a highly effective way for startups to grow rapidly; indeed, a business development deal can become a "company maker" for a young start-up. However, building a successful deal takes a significant amount of time and effort. Further, the process is often fraught with risks, such as management distraction and intellectual property theft. To be effective, and to mitigate risks, startups should put each contemplated business development deal through a rigorous screening process before embarking on the negotiation path. We call this "finding the WIIFT-- what's in it for them" and in this article, we discuss how to go about it.

Other partnering strategy Related Articles

Masterminding and Strategic Partnership Can Increase Sales for Business Coaches
Do you have strategic partnerships as a business coach in your efforts to increase sales? Considering partnering those business alliances with masterminding for incredible results.

Business Coach, You Can Increase Sales through Strategic Partnerships and Masterminding
Do you have strategic partnerships as a business coach in your efforts to increase sales? Considering partnering those business alliances with masterminding for incredible results.

Small Business Strategy- A Framework for Change
The business environment keeps changing. Are you standing still? Take a new look at your positioning, productivity, partnering, and personal goals

Do You Have the Right Stuff to Partner with Microsoft HP or IBM
Partnering with technology leaders like Microsoft, HP or IBM takes a huge commitment and a lot of effort to get off the ground. Before you start to engage, you need undertsand what these companies reqiure from all their partners. It will save you time and allow you to make the most of your partnership investment.

Retail Partnerships
Partnering with restaurants and other retailers can be a powerful way of driving traffic and loyalty.

FRANCHISE SELLING TIPS: # 3
SELLING THE CONCEPT OF "PARTNERING"

Partnering – the Good, the Bad, and the Ugly
Partnering is a common approach to launching or growing a business. Some people swear by it, some swear about it. While partnering is a valuable tool, far too many entrepreneurs dive into partnerships without fully understanding their complexities. In this column, Mandelberg talks about the critical to-do's and the common uh-oh's entrepreneurs seem to make over and over again. Learn how to escape from the pull of bad partnerships and create faster, bigger, sustainable success using partnerships the right way.

How to Align your Corporate Strategy
A recent article covered the symptoms of corporate strategy misalignment and 3 common causes of strategy misalignment. Take a look back at those articles to understand what happens when corporate strategy becomes misaligned and what causes it to go out of whack in the first place. When corporate strategy is aligned throughout the entire organization, operational initiatives are working in sync with strategic goals and desired outcomes are much more likely to result. Thus, understanding corporate strategy misalignment is critical for any business leader and knowing how to correct a misalignment is essential.

Can We Remove Risk From Our Strategy?
If you could, wouldn’t you choose to test your organization’s strategy before gambling your business and your career on the assumption that the strategy is right? This article contains a short list of tactics to help remove some of the risk from your strategy.

Five Steps to Good Strategy
Possibly more organizations fail because of bad strategy than those who fail because of no strategy. Bad strategy happens all the time to every organization and if left to its own means can destroy an organization. Bad strategy can be characterized by executives failing to face real problems or simply by lack of clarity. Learn how to craft good strategy.

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