May 28, 2024

If you’re an employee of an independent contractor, the solidity of your business relations is the foundation for how smoothly your company operates. It’s important to prioritize building good business relationships. As Robert Kiyosaki so aptly put it, “who you know is more important than what you know.” Here are some tips to maintain and build effective business relationships.

Business Relationships

The term “business relationship” is rather broad, and includes any kind of relationship that has an impact on the work of a business’s strategic plan. According to Pamela Rucker, a professional development instructor at Harvard, there are four primary types of business relationships that businesses typically have to consider: customers, team and stakeholders, ecosystems, as well as industry.

To effectively manage these relationships you must prioritize open communication and consistency. This means publishing thought leadership content, answering questions promptly on social media and in person, or doing any other thing that can benefit your clients and business partners in a consultative manner. It’s also essential to follow up with your business contacts once projects have been completed. You’ll be able show your value, and ensure that you aren’t overlooked. Don’t over-promise or under-deliver to your business contacts. People are more likely to trust you, and also connect with your business contacts when you fulfill your promises.

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