Carpon
Valued Contributor
A network has to do with interconnection of many things. In business, business networks are those structures that are put in place for the purpose of linking businesses.
The following are few importance of business networks
• It builds a strong relationship between fellow businesses and customers.
• It facilitates another form of advertising.
• It serves as a commonwealth for many businesses
This is possible because as many business owners form a network, the other business owner will refer people to the next business which has a commodity he does not have. This helps them to achieve maximum productivity mutually.
The same happens when you have customers who make your business and services known.
Building such is very easy especially between a customer and the business person. You will just keep telling patronizers about more goods you sell or services you render and in one way or the other tell them to invite others.
For business owners it could be a bit complicated especially if the businesses sell the same item. But if business sell differing commodities, then one business owner will refer customers to the other especially if the customer is in need of such items and inquired about where he or she can get the
The following are few importance of business networks
• It builds a strong relationship between fellow businesses and customers.
• It facilitates another form of advertising.
• It serves as a commonwealth for many businesses
This is possible because as many business owners form a network, the other business owner will refer people to the next business which has a commodity he does not have. This helps them to achieve maximum productivity mutually.
The same happens when you have customers who make your business and services known.
Building such is very easy especially between a customer and the business person. You will just keep telling patronizers about more goods you sell or services you render and in one way or the other tell them to invite others.
For business owners it could be a bit complicated especially if the businesses sell the same item. But if business sell differing commodities, then one business owner will refer customers to the other especially if the customer is in need of such items and inquired about where he or she can get the
