Information about online joint ventures

Information About Online Joint Ventures

The clarity of a joint venture is an accord between two or more parties to join together for the purpose of executing an exacting business task. The profits and losses of the endeavor are agreed to be shared between all parties.
For more details go to: www.jointwebventures.com two people, or a party of more, join together in an online joint venture to specifically do business online.

So, in plain English, an online joint venture occurs when another online business is available for you to join forces with, in order to make money. Joint ventures hold no tricks other than locating a good partner. They can also be in a wide variety of different forms.

An example of this would be, a simple rather common joint venture, is whereby two information marketing businesses bundle their products together in order to promote them to their combined email lists.

This type of bargain generally has high potential. The exposure and customer base is increased as well as each business making money. Each customer and email list has the opening to receive benefits from the product of each business.

There is only one of a thousand possibilities with this type of joint venture. If you possess a good opt in list and someone has a great product, then their product can be promoted on your list for a percentage of the sales.

You may even be a person that is talented when it comes to marketing products, and have a good idea for a product that you know your market would purchase. However, you may not have the free time or the inclination to originally create the product.

To achieve this, you could partner with a programmer or a writer to create the product. By doing this, you split the profits, as you are selling the product. As stated earlier, there are a number of options.

It has been said before, that the absolute key to the success of an online joint venture is locating the correct partner. For help visit: www.joint-venture-softwares.com
An excellent place to find a partner is by online networking. It may be that you already work with a business that you could partner with.
Once your potential partner has been located, the first step would be to draft a proposal, before you do anything else. It is necessary for you to highlight the exact thing that you would bring to the association and what has to be gained by your prospective partner.

Once your proposal is prepared and ready, and only once you have undertaken sufficient research on your potential partner, you can call them, send them a letter, or zip over an email to introduce yourself and outline your proposal. It is important to remember that you make your proposal about them. Inform them of what they have to gain and what you can offer, rather than what you have to gain personally.

If your potential partner is not interested, then it is important that you part on good terms. You may just cross paths with that person again and work together in the future. If, on a better result, your potential partner says yes, then it is time for you to enjoy the experience along with the profits.

Joint ventures make sense

Joint Ventures Make Sense

As there are numerous good reasons both business wise and financial, to create a joint venture with a company that has a great complementary capabilities and resources, such as distribution channels, new technologies or finance, joint ventures are becoming an increasingly popular way for different companies to build strategic alliances.

In a Joint venture, two or more parent companies agrees to share capital, technology, human resources, risks and rewards in a formation of a new entity under shared managerial power.

But before going into a joint venture, you should consider something first. We have gathered some information on what are the most important things to think about before going into a joint venture, here is the list:

Before going into a joint venture, be sure to first screen prospective partners. Make sure that you are on the same level of the industry.

Also make a joint development of a detailed business plan and short listing a set of prospective partners based on their contribution to the development of the plans.

Check the credentials of the other party by doing interviews and research. Check their previous business and also the sales that they are getting. You may also want to check customer feedback regarding their services.

You should also develop an exit strategy and terms of dissolution of the joint venture in case things would go wrong.

You should also try to think of the most appropriate structure for you joint ventures, for example most joint ventures involving fast growing companies are structured as strategic corporate partnership.

You should also take notice of the availability of appreciated or depreciated property being contributed to the joint venture; by misunderstanding the significance of appreciated property, companies can weaken the economics of the deal for themselves and their parties

You should also point out the different special allocations of income, gain, loss or deduction to be made among the partners and so with the compensation to the members that provide services.

You should also take note of the role of your business architect, this is a person that initiates new business ventures or leads business innovations, designs a winning business model and builds sustainable balanced business system for a lasting success.

Business architects can be found in multitude of business settings, be it in corporate change leaders, initiator of joint venture, and managers of different and radical company settings.

Human resources also plays a special role in joint ventures, here are some thing that a human resource should look into to get good business ventures.

The business strategy should begin with a sound, well articulated strategy. Before going into the first step, determine first and explain why you wish to enter into a joint venture, why you have chosen such partner or partners, and what the goal of the company is. You should put into word the involvement of the parent companies and define how long will the joint ventures last.

You should also describe strategies to define the managerial, accountability, decision-making process and conflict resolution procedures.
Develop Human Resource strategies that align and support the goals of the JV. You should develop a distinct identity and culture for the newly form company. Communicate energetically to the employees and establish a distinct career goal, management, and a means of welcoming return to the employees transferred to the joint venture.

Create salary, bonuses and retention program that is inline with the success of the joint venture. Maintain open communication between the companies that have been tied up.

Define a process for leadership selection that is seen fair and credible and give credits to the top-tier leadership as soon as possible. Look for key indicators of leadership potentials such as behavior, past experience, and measurable outputs.

To engage and motivate your employees, communication should be frequent and used to create a common vision, establish a connection with leadership, explain the new rules, support the individual transition process, aid in retention, and ultimately, define the new organization in terms of «We» instead of an «It» or «They». Share as much information as you can, and never sugar-coat or make false promises.

Conduct employee research to help the new organization determine what matters to employees and can serve as the foundation for all programs and incentives.

Know your "best alternative to negotiated agreement"

Know Your "best Alternative to Negotiated Agreement"

BATNA stands for «Best Alternative to Negotiated Agreement».

BATNA is not an acronym you see very often but it is probably the single most powerful method of successfully negotiating favourable terms and conditions relating to a sale or agreement.

The concept of BATNA was developed by negotiation researchers Roger Fisher and Bill Ury of the Harvard Program on negotiation. BATNA is the course of action that will be taken by a party if negotiations fail and an agreement cannot be reached.

So if the outcome of your current negotiations with another party is not as good as your BATNA, then there is no point in proceeding further towards an agreement. In essence, BATNA is a very effective way of maximizing your confidence when negotiating because you know your second best option (first is a mutually agreeable negotiation). You don’t have to agree to a bad deal.

BATNA allows you to have the confidence to reject any unsatisfactory agreement. It gives you confidence. In any event, having confidence can be a very important part of negotiations because HOW you negotiate has been proven by research to positively affect the outcome, regardless of the actual substance of the negotiations.

But I can sense you asking ‘Why do we need to go through all this trouble?’

In today’s competitive business climate, good selling involves not just getting a deal — it’s about getting a profitable deal. So in the closing stages of a sale, intelligent negotiations can be a way of achieving a favourable outcome for you without giving in too much to the other party’s requests. It can also assist in getting to a Win / Win outcome for both parties.

I like to use a simple but effective example of how a BATNA can literally be a life saving technique. Imagine if you will, two trapeze artists have an argument. One trapeze artist says he is more important because he has to catch the other one at 100 metres in the air. The other one says that she is more courageous because she is the one risking her life by releasing the trapeze in mid air and flinging herself over to the other artist. All he has to do is catch her. They argue bitterly until the catcher says «Fine. Let’s see who is more important when you jump tomorrow».

«Oh oh» thinks the female trapeze artist, «what if he only pretends to catch me and he deliberately doesn’t?» One hundred metres is a long way to fall. She goes home thinking ‘Do we have a negotiated agreement tomorrow?’

What is her BATNA? Falling to her death is not a good BATNA!

Let’s look at a few obvious BATNA’s the female trapeze artists should have in place before she potentially leaps tomorrow to her death.

1. Install a safety net (I bet she feels better already) 2. Call in sick 3. Wear a parachute (although 100 metres may not be high enough) 4. Grab hold of her colleague instead of letting him catch her

So BATNA has the immediate effect of making her feel a little more confident. Of course, she should talk to her colleague before the act and make peace but at least she can do that without a lot of anxiety. How else can BATNA help?

If you have a particularly strong BATNA, it is probably worth pointing it out to the other side. They may then realize that they stand to lose out if the agreement is not negotiated. This strengthens your side a great deal and you can more forcefully state your case to reach an agreement. You can act as if you can break off negotiations because you are comfortable with your BATNA. This is a powerful concept to use when appropriate.

For example, let’s imagine that you are negotiating an important deal that would constitute 10% of your yearly sales target, something you’d really like to get. At the same time, you know that this customer is very budget conscious and from past experience you know that they will try to squeeze your price as much as possible.

Let’s further assume that your target gross margin in your business is 30% and that for that reason, you need to achieve a unit price of 10,000$. Your proposed unit price was 11,000$.

What would be the lowest price you would accept? 10,000$? 9,500$? 9,000$? Or even less? What would it mean to say no at any of these points? Knowing your BATNA will protect you from accepting an unacceptable deal.

BATNA A: If you know that you have another three hot big projects in the making which could total 25% of your yearly target volume and if you additionally know that these 3 prospects would be less price sensitive, i.e. 30% gross margin wouldn’t be a problem, then you may feel comfortable to say ‘no’ at a price of less than 10,000$.

BATNA B: If you know that it will be very difficult to achieve your yearly sales target without this deal because your pipeline is not very promising and if you additionally know that your company’s overall sales is far behind target, then you may want to have a discussion with your manager first to see what would be the lowest acceptable price. Perhaps you could even try to be creative in thinking how you could create additional value for your customer so that you don’t need to agree to a too low price. Once you have figured all this out, then you also know what would happen if you say ‘no’ if you reach your lowest acceptable price. Then you can make an informed choice.

In summary:

I strongly recommend applying this thinking to a particularly tough negotiation you may be going through now and see what happens. I am confident you will be pleased with the outcome.

How to get recruiters to help you in your job search

How To Get Recruiters To Help You In Your Job Search

Recruiters can be of tremendous help in your job search. Most often they are the gate keepers to the first interview. Gaining their help gives you a big advantage in today’s competitive job market. Recruiters fall into two basic categories. Either they are part of a Human Resources team of an organization or they are external third-party recruiters. Regardless, all recruiters have one job: to provide hiring managers with the best possible candidates. With that in mind, these three tips for getting recruiters to help you apply to all recruiters.

1. Provide them a user-friendly resume.

Your resume is the recruiter’s tool to help convince hiring managers that you are a good fit for the job. The more time and effort you put into your resume the better your chances of convincing the recruiter to present you as a candidate.

There are two vital elements to your resume that will be of great help to recruiters. First, it must reflect all the key words that describe the qualifications of the position. This allows the recruiter to convince the hiring manager that you qualify for the job. Second, your resume should be full of accomplishments which give the recruiter important selling points on your behalf. Think of your resume as a selling tool to convince hiring managers that you are the best possible candidate and that you are ready to step in and solve their business problems.

2. Demonstrate polished interview skills.

From the moment a recruiter calls you he/she is judging how well you will present yourself in a face to face interview with the hiring manager. How well you interview reflects on the recruiter. If you do well you make the recruiter look good and he will go out of his way to cooperate with you in helping you through the interview process. If you fail to impress the hiring manager it will embarrass the recruiter and he’ll most likely never present you to another hiring manager.

Before a recruiter calls you make sure your interview skills are top notch. That means working out good answers to the toughest interview questions. Practice out loud your responses to questions that have made you nervous in the past. To name a few, make sure you know how to answer questions like:

«What would you do if …?»

«Tell us your strengths and weaknesses.»

«Tell me about a time when you ….»

«Why did you leave your last employment?»

3. Be thankful.

A good recruiter works hard behind the scenes to insure that the interview process runs smoothly. It is a thankless job at best. Once the interviews start the recruiter is very often forgotten in the candidates enthusiasm to impress the hiring manager. Since the recruiter can be of help to you throughout the interview process it pays to acknowledge their support with a thank you note after each interview.

For best results take the time to send a hand-written thank you note that reflects genuine appreciation for their time and effort. Use this opportunity to express your enthusiasm for the job and mission of the organization. This little bit of effort will return to you in added cooperation of the recruiter when you need information about the status of the job opening.

When you extend uncommon courtesy and take the time to provide recruiters the selling tools (your resume and interview skills) you go a long way in building a solid working relationship that will reap benefits for years to come. In short, recruiters can be your best friend or they can be the screen that keeps you out of the running for great jobs. A lot of it depends on you.

How to succeed with lia sophia jewelry

How To Succeed With Lia Sophia Jewelry

Hi, There.

Today I want to give you a little insight into the very very popular Lia Sophia Jewelry Online Business opportunity

Lia Sophia is growing fast in the era of Multi-level Marketing (MLM) business since its instigation in 1970 when it was renowned as Act II. Later in 1986 it became known as Lady Remington and finally in 2004 it got its popular name Lia Sophia. It has opened up lucrative business opportunities in front of women by permitting them sell their products of absolute fashion jewelry.

If you are really interested and excited in making decent bank balance for you and your family then you must know the tricks and strategies to succeed in Lia Sophia MLM business. Here we go with some extra-ordinary tips for you:

* It is simple to get yourself set up as a Lia Sophia adviser, by going to the official website, or getting in contact with an adviser you may know already.

* It is a very cost effective business to join as well. In most cases $149 will get you going, plus they will issue you over $1000 worth of jewelry to get you going to sell to customers. The Lia Sophia executives provide you will 24hr support and a complete compensation plan to get you on your way to success.

* It is a fact that the average adviser earns on average $200 from each customer, given that you host a party or function.

* Besides direct sales of the Lia Sophia fashion jewelry, you should make a network of engrossed women who will be your downline and while they sell products you get overturn compensation from their sales.

* The more sponsors you create under you the more will be your income from their sales. Lia Sophia encourages its advisers to become a manager and manage a huge number of advisers under her so that she can earn lump some money each month.

* It is also critical to keep yourself 100% up to date with the companies changes to procedures and compensation plans etc, as they are updated to keep people motivated and clearly to help the company align its self to whats working.

Hence don’t hesitate, get the start-up money ready and start your new MLM business to earn smart money for your family. You’ll find that each and every month you are getting satisfactory income as well as you’re able to give your kids enough time if you’re a mom. The best part of Lia Sophia is that you need not to carry or deliver the products to your customers; the company will do it on behalf of you. So you could become absolutely tension free about the delivery.

I wanted to make it very clear also that I am in now way attached to Lia Sophia, but purely providing some insight to the company, and a simple review hopefully for your benefit.