Power Thought of the Week with Patricia Parham, Ph.D.
Motivate by Leveraging Resources
All of us want to get more for our money. Many of us run small businesses and are unable to take advantage of economies of scale. Establish collaborative relationships by sharing administrative help or warehouse shopping memberships. Pool your resources to share advertising costs or office space. Be creative in looking for ways to share costs and reduce overhead expenses. You’ll end up telling others about your partners and they’ll be advocates for your business also. You just strengthened your network.
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