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Surviving the Business Jungle

By Jeff Solomon
03/05/2008

It's a business jungle out there, and there are many predators! You may find the "price slasher," who kills profit margins to gain business, or lions and tigers, the large, powerful companies able to strike quickly and effectively. Be cautious around the slimy snakes that lie, cheat and do anything to survive. Remember, in today's increasingly competitive market, it will be those distributorships that distinguish themselves from the competition that survive.

While there are many strategies to accomplish this, one tool is often overlooked. The fact is, building a business is all about building relationships — and enhancing them is a very effective marketing tool. This includes clients, employees and vendors: Having strong relationships with these three groups is critical to any company's success.

Obviously, no one can survive in the business jungle without clients. But people often forget the importance of having quality relationships with their employees. These are the people who help make things happen. As you grow, regardless of your organization's size, you realize that you can't do everything yourself. You must work with others.

Suppliers also play an important role in our success. How about the vendor who went the extra mile to get something out at the end of the day to meet a critical need? We certainly need our employees and vendors!

Good companies understand the value of nurturing business relationships and taking critical ones to a deeper level. If we can grasp this concept, we will be best positioned to not only survive in the business jungle, but to thrive.

Accomplishing this can actually be quite simple. Here are a few things that you can do to enhance your business relationships with your clients:

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