Our Community Matters, April 2018: The Collaboration edition

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Our

Community Matters

Edition 2, 2018 • April

Perfect match

Considering a collaboration? If a merger is a marriage, then a partnership is a long-term relationship that might even result in a proposal. Before you take the plunge, read our top 20 tips for finding and keeping the right not-for-profit or business partner. 1. Make sure a partnership is what you want. There are many relationships your organisation can have with a business – it doesn’t have to be a partnership.

5. Know your own worth. Value all that you have to offer a partner and spruik it.

2. Choose a model or models that suit you and your partner.

6. Do your homework. Research your target partner – what do they have to give, who do they partner with now, what are their criteria for partnership?

3. If you can’t find the partnership model that suits, create a new one.

7. Do a reference check – they’ll certainly be checking up on you.

4. Make sure you are ready for partnership – a thorough self examination is critical. You must have the time, resources, and commitment to make it work.

8. Make sure your values match. A partnership is set to fail if the partners don’t share the same basic values.

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