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Your Relationship With Your Foreign Business Partners
2 pages
Published by
Apptivo Aptivo
© 2011 Apptivo Inc.
All rights reserved.
Your Relationship With Your Foreign Business Partners
Part of operating any business is the partnerships we forge.
As a business owner, you
continuously embrace new business partners and the...
[More]
© 2011 Apptivo Inc.
All rights reserved.
Your Relationship With Your Foreign Business Partners
Part of operating any business is the partnerships we forge.
As a business owner, you
continuously embrace new business partners and the global opportunities they represent.
It’s
very important that you are able to diminish any operational threats these relationships might
cause.
As your company develops its risk management strategies include knowing what your business
must examine before ever entering into a contract with a foreign partner.
There are a number of
critical components to consider when selecting a foreign business partner whether that partner is
a distributor, joint venture partner, reseller, or agent.
Due diligence is always essential and at the very least should include:
Credentials – Make a list of why you are selecting the particular foreign business partner
and what their credentials are.
Articulate Need – When forging the relationship with a new foreign busines
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