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Working Hand In Hand: The Power Of Business Collaboration
Business collaboration in today’s tough financial climate can be highly beneficial to all parties involved and pivotal to the success of some of the biggest Blue Chip companies in the world. Depending on the market you’re operating in, collaborating with other businesses can help build professional partnerships, promote greater teamwork and generate higher sources of revenue.
Imagine a company that creates custom made furniture and specialises in interior design and decoration. Often with the likes of various home and design based reality showsbombarding our TV viewing schedule many do-it-yourself’ers will try their own hand at a bit of interior design, reinventing their homes on a shoestring budget. It may affect the sort of interest and demand for this company’s services in the future. However if they are able to partner with a construction company, perhaps one that specialises in residential or commercial builds, they could offer their services to add finishing interior touches to future builds at a reduced rate. Therefore helping to increase their regular workload and being able to reach a broader range of clientele.
Portcullis Gate Automation Limited is a gate automation company based in Leeds, England. They have also benefited from partnering up with a company which has literally “opened the gates” and the opportunity to work alongside another well respected business and has helped broaden their client-base and more importantly helped created more regular work for them. Liberty Livingare one the UK's largest student providers of accommodation and Portcullis now provides their nationwide residences with a great array of services including the installation and ongoing maintenance of manual and electric roller shutters, barriers, access control systems and gates.
The coming together of great minds has always been an excellent stepping stone to a successful and lucrative business. Going it alone can often be tough going and it can be difficult to see problems or find solutions without having someone else to bounce ideas off and to fall back on when things just aren’t going your way.
Just take a look at Steve Jobs and Steve Wozniak and their co-founding of Apple. After setting up the company back in 1976 both Steve’s bought different aspects of talent to the table that helped the company revolutionise the computer technology industry. Jobs was predominantly an ideas man and a marketer whilst Wozniak looked after the technical aspects. Many of the leading computer and internet based companies have been setup in a similar manner, such as Microsoft, Twitter, Hewlett Packard and Google, and have enjoyed phenomenal success.
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