Businesses to Business relationship
Apostle Ngabo
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Using business that belongs to different individual to promote, to develop, to support,
and to help each other to grow their marketing platforms on a national or international level.
We are in the 8TH MONTH called “CHESHVAN” on God’s calendar: Started on 2nd November & Ends on 1st DECEMBER 2024
Business to business marketing is needed when one company’s output is required for another company to maintain or improve its operations.
Business-to-business (B2B or, in some countries, BtoB) is a situation where one business makes a commercial transaction with another.
This typically occurs when:
– A business is sourcing materials for their production process for output (e.g., a food manufacturer purchasing salt),
i.e. providing raw material to the other company that will produce output.
– A business needs the services of another for operational reasons (e.g., a food manufacturer employing an accountancy firm to audit their finances).
– A business re-sells goods and services produced by others (e.g., a retailer buying the end product from the food manufacturer).
– A business buying food, plants, herbs from a farmer who does farming on demand from a business that produces herbal remedies, food for restaurant services etc…
Because when businesses look out for each other’s interests,
that type of support becomes a win to
win type of situation where companies excel their own limitations,
and also benefit each other to expand their businesses.
We are in the 8TH MONTH called “CHESHVAN” on God’s calendar: Started on 2nd November & Ends on 1st DECEMBER 2024
What is a memorandum of agreement?