Do you want to expand your business and attract new customers? There are several possible solutions, including establishing new relationships with other companies. 📈
There are several possibilities, but it's not always easy to tell them apart 🤔
The partnership 🤝
A relationship where many decisions are made together (the sharing of tasks, rates, ...) this requires trust and openness between both parties. It's always best to find a partner with complementary skills to boost your business 🔥
- This type of contract is common among service companies
✅ The pluses
- The right division of labor saves you time and money
- Having a partner can lighten your financial load
⛔️ Minus
- A partnership implies a fairly high level of dependence on the part of each party
- The wrong choice of partner can be fatal for the company
Collaboration 👥
A relationship of agreement on a project, where you essentially state how you collaborate and what it looks like. 📝
- This type of contract is frequently used by lawyers.
✅ The pluses
- Each person works on his or her own part, without the need to work together all the time.
⛔️ Minus
- The wrong choice of employee can put the brakes on your business
Outsourcing 🕵️
Rather than a relationship, focus instead on a simple agreement between two parties, where you entrust the other to perform a task or service for a customer. 💸
- This type of contract is frequently used in the construction industry.
✅ The pluses
- Multiple subcontractors let you choose the price
- Confidentiality clauses can be added.
⛔️ Minus
- The prime contractor takes the risk of not being paid by the customer, while the subcontractor is protected from non-payment.