Form partnerships or buy another business 

Have you considered joint venture opportunities that could grow your business? Instead of doing it all yourself, you can link up with another  business or a partner who complements what you do to mutual advantage. Partnerships or strategic alliances are a way to start or grow without investing a large portion of your own capital.

Buying or merging with an existing business can offer many opportunities. Compared to starting a new business, some of the hard work has already been done for you. An existing business generally has its own markets with a customer base, production facilities, skilled workers, and product or service lines that you can blend or integrate with your own.

• Joint ventures and partnering

  Get an overview of the key ways to set up a joint venture, the pros and cons of joint ventures, and learn how to manage this type of company.

• Know your strategic alliance options

  Alliances can help you expand your market. Learn about the different alliance strategies, and how to avoid risks and choose the right partners.

• Why acquire an existing business?

  You may find that, instead of building a business from the ground up, buying one already in operation has its advantages.

• Buy a business or start your own?

  If you have an entrepreneurial spirit, you may want to investigate the pros and cons of buying an existing business versus starting one from scratch.