How Do You Build Business Relationships?
Businesses thrive in having strong, lasting business relationships. Startups need this to succeed. Strong business relationships enable a business to have more investors, potential clients, more hires, as well as advisors. Also, strong business relationships with existing clients can set you up for a potential long-term partnership. They may also recommend you to more and more clients in the long run.
With the many advantages of having a good business relationship, how do you go building one?
This is a good way to build business relationships. Though it is a lot easier to create an image or character, it’s not going to work in the long run. It is not the way to start building a relationship. People will love communicating with you if you are an authentic person like them. They feel at ease when communicating with you if they see they have things in common with you.
This is another way to build business relationships. Do not make people think that you are being friendly while also taking advantage of them. This is the quickest way to tarnish your reputation, ruin relationships, and earn a bad reputation. Be that person who can forgo their own interests to help others so that you can be reliable. If you are helpful to others, they will be more helpful to you.
Furthermore, people like to be with those who can help their career or business. Be the one whom they can rely on for advice, events, articles, or even research. You might as well share your contacts’ works to others. This is an important way to build business relationships.
Keep People Posted
Update people on what is happening to you whether it is learning a new skill or accomplishing something and then ask your contacts to do the same. You will be able to know who among your contacts can lead to a connection in the long run.
Regarding online presence, make it easy for people to see you. They should know how you’re doing in terms of professional and business aspects. You may publish a blog to promote your expertise or provide updates on what you are learning now and other achievements. Keep your presence strong in social media outlets like LinkedIn or Twitter. This way, you will be able to have more contacts in the long run.
Identify Shared Goals and Values
This is an important aspect when it comes to building business relationships. As the saying goes, birds of the same feather flock together. Be careful about choosing who to associate with closely. They should be the kind of people who share your goals and values so that even when working, you are all built up and not torn down.
Even if you are more of an introvert, for as long as you can strike a conversation with others, you are networking. Of course, you do not have to be the life of a party. For as long as you can be yourself when connecting with people, you are already networking to expand your contacts. Just make sure your social media accounts are well-updated. Test it to see if you can make any new contacts.
Above discussed are some tips on how to build business relationships, each presenting its own advantage when done. The above are some of the most important tips to keep your business relationships alive and strong.
At 3E Accounting, we value you and your business. If you want to set up a company in Hong Kong, you can count on us because we are the number one Hong Kong Incorporation Specialist and also when it comes to business formation. We strive to maintain strong business relationships and in whatever stage you are in the business, 3E Accounting is there for you.