If you’re running a small business, the right partnerships can help you reach new customers and improve your products and services. But, to find the right partners, you need to know what they can do for your company — and what it means to have partnerships in small businesses.
What does it mean to have partnerships in small businesses?
A partnership is a business relationship between two or more entities. They can be formal or informal but usually benefit both parties involved. For example, companies with brand partners share the same values and vision for their products or services. This means they work together to achieve common goals.
