Five Tips When Working With Other Companies

Julie Starr • March 22, 2021



Working with other companies as a business can prove very useful when it comes to the growth and success of your business. Whether you’re working with them on collaborations on the products or services you sell, or you are after suppliers to help with distribution, etc. it’s always good to have the same thought process and planning when starting up a working relationship. Here are five tips when working with other companies in order to make it a more successful and hopefully, long-lasting opportunity.

Look For Sustainable Partnerships
When it comes to working with other companies, it’s always important to focus on what you have in similarities to one another, as well as the differences. It’s important to consider what it is they represent and whether any of those morals or opinions match your own. For example, sustainability is one thing that many businesses are now taking more seriously than ever, especially as many will tend to be judged on how much they’re being wasteful on the environment. Businesses are certainly held to higher standards when it comes to sustainability , or as a matter of fact, anyone within the public eye.

So with that being said, you may want to think about working with sustainable brands and businesses only. These partnerships are something that may be short-term or they could be a longer, more on-going one. However, it’s good to show the outside world that you’re making conscious choices of who you partner up and work with.

It’s particularly important to work with sustainable brands when it comes to packaging and distribution. This is likely to be where the most waste and impact is made on the environment and so it’s good to question the methods that these other companies use.

 

Work With A Contract In Place
 A contract is always going to help solidify the partnership and to make it a legitimate one. There’s always a chance that disagreements happen, mistakes get made, and sometimes, those that give you their word on something, go against it instead. With a contract, you’re able to layout all requirements that you have for that partnership and vice versa. It’s good to do this because that way, you’re legally entering into something that could be breached if not followed correctly. It’s protection for you and protection for the other party that’s working with you. This is something that should be put in place every time you work with a new company. Better yet, with someone to advocate for your interests, such as Oracle Negotiation Consultants, you can secure the best deal.

 

If you’re unsure of what type of contract to use or perhaps have little experience in creating contracts, then there are plenty of templates online and legal aid to help draw these contracts up on your behalf.

Make Sure Their Audience Matches Yours
When it comes to your audience, it’s important that you’re targeting them correctly in all aspects of the business. Working with other companies is an opportunity to find those who might be similar to yours in target audience , or they have an audience range that you need for business. In all business collaborations, there’s always a need to find a mutual gain for both parties. This can also help when seeking opportunities to collaborate if you’re able to pitch to them what they can benefit from.

So when it comes to those working relationships, make sure that they hold something relatable to what you’re after. From working with https://rsmconnect.com/website-design/ to joint product opportunities, make sure they’re the right fit for your company every time.

Remember That Working Relationships Change
It’s always good to remember that a working relationship can change, especially when it comes to the case of suppliers. You may have secured yourself a supplier for the manufacturing of your products or distribution but since the growth of your business, they can no longer meet the requirements you now need. It could be that you’re working with a social media agency and the results they’re providing aren’t worth the money you’re spending on them.

You don’t want to hold your business back from growing, especially when it comes to those companies that you work with on a regular basis. Yes, loyalty can be a good thing but at the same time, that loyalty shouldn’t be holding you back from earning more and neither should it be losing you money as a business. Take scope of your current working relationships and ask yourself, does something need to change? It might be that you’ve been holding it off for too long or you’ve started a collaboration recently and it’s not going as well as you’d hoped.

Review The Partnership When Necessary
Reviewing a partnership is just like reviewing any other element of your business. When it comes to your finances, for example, you’ll usually have quarterly meetings to assess the finances and to look at ways these can be improved, etc. The same comes to your relevant partnerships with other companies. It’s important that you have in-person meetings, whether they be annual or more frequent. This is where you can assess the partnership in full and look at where changes might need to be made. Both parties can grow and decline, so it’s essential that these meetings happen in order to benefit both companies.

If you haven’t reviewed a partnership in a while, then it might be that you’ve been putting it off for some reason or other. Make it a priority because it certainly is important to ensure all your working relationships are functioning in the best way possible.

Working with other companies has a lot of benefits but it can also provide negatives for the business if it’s not done correctly. By collaborating, you can open up many more opportunities that you perhaps wouldn’t have been able to do alone. Some of those partnerships can help reduce budgets and expand the potential reach or growth that your business can have. Use these tips to get the very best out of every opportunity you have with companies both nationally and internationally.

 

Why Telling Your Sustainability Story Matters — And How Taiga Company Can Help

By Julie Starr • December 17, 2024
In today’s world, sustainability is no longer a buzzword—it’s a business imperative. Consumers, investors, and stakeholders are demanding more transparency and accountability from brands. They don’t just want to know what you sell; they want to know who you are, what you stand for, and how your work contributes to a better world. That’s where your sustainability story comes in. Sharing your achievements in environmental, social, and governance (ESG) initiatives isn’t just about meeting expectations—it’s about building trust, fostering loyalty, and inspiring action. At Taiga Company, we specialize in helping organizations authentically communicate their sustainability achievements in ways that drive measurable impact and align with their goals. Why Sharing Your Sustainability Achievements Is Good for Business Build Trust with Stakeholders Sustainability storytelling builds credibility and trust. Whether you’re addressing investors, employees, or customers, sharing your sustainability milestones demonstrates your commitment to accountability and long-term value creation. For example: Highlight your efforts in achieving science-based targets, reducing carbon emissions, or adopting circular economy practices. These stories resonate with audiences looking for businesses that align with their values. Differentiate Your Brand In a competitive marketplace, sustainability can set you apart. Brands that communicate their achievements in regenerative agriculture, water stewardship, or biodiversity conservation position themselves as industry leaders and innovators. Think of it this way: A well-told sustainability story is not just a report—it’s a statement of leadership, authenticity, and purpose. Drive Stakeholder Engagement Sustainability stories invite dialogue. By showcasing meaningful milestones, like successful recycling initiatives or community reforestation projects, you foster stronger relationships with stakeholders who want to be part of your mission. Engagement isn’t just about storytelling; it’s about inspiring action. Whether through social media campaigns, press releases, or executive thought leadership, your achievements can encourage others to collaborate and support your goals. Attract Purpose-Driven Talent and Customers Today’s workforce and consumers seek brands with purpose. Communicating your impact helps attract talent and customers who align with your mission. A transparent, well-executed sustainability strategy speaks volumes about your leadership and values. At Taiga Company, we specialize in results-driven communications that empower purpose-led brands to share their sustainability achievements with confidence and clarity. Our services ensure your story resonates with the audiences that matter most. Your sustainability achievements deserve to be seen, heard, and celebrated. Whether it’s reducing carbon emissions, innovating in sustainable packaging, or leading water stewardship initiatives, telling your story is an opportunity to inspire trust, drive action, and shape a better future.

Why Going Green Is No Longer Optional for Industry Leaders

By Julie Starr • December 16, 2024
Alright, so here’s the deal, sustainability isn’t just a buzzword anymore. Sure, at this most most industries, yes, even the most unsustainable industries have this general idea, right? Well, you’re always going to find some businesses in some niches (and yes, industries too) who think that it doesn’t apply to them. But no, it applies to all niches and all industries, and yes, it’s a business requirement. Now, across every industry, the companies that are embracing green practices are the ones that are thriving. Why? Well, because customers, investors, and employees are all paying attention. If a business isn’t making an effort to be sustainable, it’s not just falling behind, it’s losing out. Overall, sustainability isn’t just about saving the planet; it’s about saving your business. Yes, this needs to be hammered in, so industry leaders, here’s why you’re just not excused. Green Practices Mean Growth Yep, it’s that plain and simple, So, sustainability isn’t just about doing the right thing, it’s about doing the smart thing. Businesses that prioritize green practices are cutting costs, staying competitive, and building trust with their audiences. So, reducing waste, switching to renewable energy, and sourcing materials ethically aren’t just good for the planet, they’re great for the bottom line. Simple enough, right? Well, take packaging, for example. Cutting down on unnecessary plastics doesn’t just make customers happy; it slashes production and disposal costs. So, switching to energy-efficient operations isn’t just environmentally friendly, rather, it saves a fortune on utilities. There don’t need to be roadblocks seen, rather they should be opportunities! There’s Plenty to Gain Okay, so sustainability isn’t just for industries with obvious environmental impact, it’s critical in healthcare too. Again, no excuses here. Hospitals and clinics use massive amounts of energy, and the waste from single-use supplies piles up fast. The same can be said for labs, and pharmacies too. Actually, go ahead and take specialty drugs as an example. Now, most people know that these life-changing treatments are for serious conditions, but they often come with sky-high costs. But why? Well, the production and distribution processes can be incredibly resource-heavy. But even sustainable practices can help lower prices, such as energy-efficient manufacturing or even cutting down on excess packaging. It might be hard to see, but little changes can make massive impacts on costs (and what’s being spent on both ends). Tech Easily Shows How Sustainability Drives Innovation The tech industry has been leading the charge when it comes to sustainability, and the results speak for themselves. Actually, companies like Google and Apple are proving that being green isn’t just possible, but this can actually be pretty profitable! If tech companies can do this, then yeah, all industries are capable. So above, medicine was mentioned, but data centers are also a great example ( since they use a lot of energy). Well, nowadays, most companies are now powering these centers with renewable energy, cutting costs and emissions at the same time. No Industry Gets a Free Pass It doesn’t matter if it’s healthcare, tech, retail, or manufacturing, basically, every industry has something to gain by going green. There are small examples like retailers ditching plastic bags for reusable ones. Then there are bigger examples like factories rethinking supply chains to cut emissions and save costs. But the reality is that businesses sticking to wasteful, outdated practices are falling behind. Besides, governments are rolling out stricter regulations.
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