{"id":1512,"date":"2011-02-20T15:07:26","date_gmt":"2011-02-20T04:07:26","guid":{"rendered":"http:\/\/wordconstructions.com.au\/blog\/?p=1512"},"modified":"2025-08-25T20:58:01","modified_gmt":"2025-08-25T10:58:01","slug":"valuing-business-partners","status":"publish","type":"post","link":"https:\/\/wordconstructions.com.au\/blog\/2011\/02\/valuing-business-partners\/","title":{"rendered":"Valuing business partners"},"content":{"rendered":"<p>Do you have any partners in your business? I don&#8217;t mean a partnership business structure but partners for the business itself, such as a designer, writer or accountant.<\/p>\n<p>I was reading recently about strategic partners often being chosen on price and too quickly. The article went on with &#8220;The diligent selection of long-term strategic partners is key to enabling the globally integrated supply chain and helps mitigate the risk of IP theft.&#8221;<\/p>\n<h2>Good partners add great value to your business<\/h2>\n<p>A true partner (rather than just a supplier you use once for a quick fix) can be a valuable asset to your business and save you a lot of time. So I agree that choosing quickly and without care is not a good plan.<\/p>\n<p>A valuable partner (compared to a any old supplier) can<\/p>\n<ul>\n<li>move onto projects quickly and with less fuss because they know your business and the guidelines (for example a designer already knows your corporate colours and brand) &#8211; this saves you time<\/li>\n<li>use their expertise to help your business as they are in a position to make suggestions<\/li>\n<li>be cheaper because they already understand your business and need less time to research and get the basics in place (for example, if I know your business I can <a title=\"timing a media release\" href=\"http:\/\/wordconstructions.com.au\/blog\/2008\/05\/timing-a-media-release\/\" target=\"_blank\" rel=\"noopener\">write a media release straight away<\/a> rather than spending time learning what you do)<\/li>\n<li>be <a title=\"trusting suppliers\" href=\"http:\/\/wordconstructions.com.au\/blog\/2007\/12\/trusting-suppliers\/\" target=\"_blank\" rel=\"noopener\">trusted from experience<\/a> so you can slowly entrust more complex projects and details<\/li>\n<li>have common references which can again save time and ensure clear communications (for example, telling a trainer you want the same format as last time but in a different office rather than explaining your full content needs)<\/li>\n<li>reduce the need to keep getting quotes to compare &#8211; even if it costs a little more to use a partner on certain projects, that cost is usually saved by avoiding this search\/recruitment\/retraining phase<\/li>\n<li>reduce the number of businesses you have to deal with &#8211; this saves time in contacts and accounts and <a title=\"acknowledging risk\" href=\"http:\/\/wordconstructions.com.au\/blog\/2010\/10\/risk-acknowledgement\/\" target=\"_blank\" rel=\"noopener\">reduces risk<\/a> (dealing with unscrupulous people, intellectual property or other theft, etc)<\/li>\n<\/ul>\n<p>I certainly appreciate my\u00a0business partners &#8211; not only do they do great work for me but I can trust them to do so with minimal input from me and maximum expertise from them. So I will take this opportunity to publicly and wholeheartedly thank <a title=\"Web Graphics By Email Rocks!\" href=\"http:\/\/www.webgraphicsbyemail.com.au\/\" target=\"_blank\" rel=\"noopener\">Ally<\/a>, Jane (who doesn&#8217;t have a website), <a title=\"Shel Design\" href=\"http:\/\/sheldesign.com.au\/\" target=\"_blank\" rel=\"noopener\">Michelle<\/a> and\u00a0<a href=\"http:\/\/georgeiscreative.com.au\/\" target=\"_blank\" rel=\"noopener\">Eva<\/a>.<\/p>\n<p><strong>Have you thought about where your business would be without those partners?<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Partners for your business can be a key to your success, especially as they give you time to manage rather than do the business. Do you have valuable partners?<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[53],"tags":[418,1168,131,118],"class_list":["post-1512","post","type-post","status-publish","format-standard","hentry","category-business-info-tools","tag-expertise","tag-partners","tag-time","tag-value"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/wordconstructions.com.au\/blog\/wp-json\/wp\/v2\/posts\/1512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wordconstructions.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wordconstructions.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wordconstructions.com.au\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wordconstructions.com.au\/blog\/wp-json\/wp\/v2\/comments?post=1512"}],"version-history":[{"count":2,"href":"https:\/\/wordconstructions.com.au\/blog\/wp-json\/wp\/v2\/posts\/1512\/revisions"}],"predecessor-version":[{"id":12843,"href":"https:\/\/wordconstructions.com.au\/blog\/wp-json\/wp\/v2\/posts\/1512\/revisions\/12843"}],"wp:attachment":[{"href":"https:\/\/wordconstructions.com.au\/blog\/wp-json\/wp\/v2\/media?parent=1512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wordconstructions.com.au\/blog\/wp-json\/wp\/v2\/categories?post=1512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wordconstructions.com.au\/blog\/wp-json\/wp\/v2\/tags?post=1512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}