Business Models 101: Key Partners
In this part we will discuss the Key Partners related to your business. The people, companies that you rely on to support you (of course usually by paying them).
I have to repeat it on every page but starting something on your own, creating value for you, your family and the world is a totally recommendable thing to do. You want to create your company. This is GREAT. The world has been made by people like you. Entrepreneurs. Self-Made Men, Creators, Builders people that believed an obstacle is just another great challenge to overcome, to solve and put behind them as an achievement.
The Key Partners
- Your suppliers (if the volume you buy to them are big enough, you could envisage a partnership for the long term)
- Another company like your could become a partner if you are not delivering to the same customers.
- Another company could join together to buy in bigger quantities at some common suppliers.
- Your customers (if you deliver to companies, some could become partners)