I have the opportunity to speak with scores of women around the globe about smart ways to grow a successful business. One of the best ways to grow your business and collapse your time frame is through joint ventures. A joint venture is where you and another business owner come together for an agreed upon period of time and collaborate on a project or product. You agree to share revenues and expenses associated with the specific project or product.
Why is this so powerful? It offers you and the other person an opportunity to showcase your skill and expertise to a larger audience. When you meet someone who serves the same target market as you, but in a different way, it can be a wonderful boost for your business. Here are a few examples of potential joint venture possibilities: