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Important Elements Of Business Relationship

Important Elements Of Business Relationship

The demand on business relationship, is quite alarming, you cannot become success today without a good understanding
of business relationship. The phrase ‘business relationship ‘ could be a general term that means all the factors the your business must
relate to in order to get top the success that you dreamt of.

If you are yet to consider the stance of business relationship , then I'll advice you to start it now or else you may face some challenges in the later time.

This is focused on giving the list of all the major factor that you should relate with for greater success in business. This can as well be consider as a component of business
relationship.

1 Customer
Your customer must be the first you must address in you business relationship building campaign. If you don’t have a good customer
relationship, there is no need thinking about other business relationship components, because it is your customers that brought you
into business in the first place.

2 Advertisers
Every business without advertising plan will certainly remain in the cubicle for long. You certainly cannot run all your ads by yourself, so it is important that you develop business
relationship with your advertisers, in this way you will have a longer and enjoyable business ride.

3 Employees
I hate the word founders, even if I can’t do without it, you know why? because the employees are the ones that run the activities of the business. I am not saying being a founder is not great. Your employee must and
should share your vision or else, you will take a bow in you business soon. your business relationship with your employee must be very strong. One other reasonably you should
establish a good business relationship with you employee is that the business environment
is always shaking and in the times of difficulty, they won’t leave you for your competitors.

4 Your Family
Family! you may say how does business relationship got to do with my family? yes all, because if you are happy at home. You business will surely reap the reward of your
happy family. I am not saying you can't succeed without a family; rather if you have a happy family, you will certainly be more happier in your business activities. This is the
reason why I have included it among the business relationship components.

5 Suppliers
Can you run your business without needing other businesses? certainly the answer is a big NO. Your suppliers are one of the core
component of your business relationships, because any mishap from them can easily get
your business into trouble.

6 Investors
For the big fishes in the ocean of business, investors are and will continue to be the back bone of your business relationship. You know
what i mean by that, investor are the
providers of the golden fluid that keeps the business growth and expansion on the up one
level so if you are going to really succeed in your business, you must take active responsibility in how you go about your business relationship with your business
investor

7 Relationship With Yourself
That last person that you should relate with is yourself. Why should it be considered as a business relationship components? because
you can only go as far as you know that you can go and that has to do with how well you have learned to relate with yourself.

Question
How well have you related with this
components?



Posted via www.schoolans.com

3 comments

  1. Thanks for stopping by. I see you

    ReplyDelete
  2. To me customers and suppliers are the most important because the business can't survive without them..

    ReplyDelete

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