Another way for good business relationships with customers is through the promotion of food packages or promos such as getting a free drink once they purchase a burger and fries. This gives the customers an easier option and make them think that they could benefit more at a cheaper price. One more way is also by managing the queues during the selling of the foods to the customers. Putting up two cashiers instead of one will result in a faster system of paying for the food and prevent customers from feeling irritated or discourage them because of the long wait they have to do just to get some food. • Proactive identification of possible business relationships with organizers Business relationships with organizers should be honest and done in a professional manner. All details related to the business that has to be put up must be clearly elaborated and communicated by the partners to the organizers and in another way, they, too, have to supply the partners clearly 7
with the rules and regulations of putting up the business during the event. • Proactive identification of possible business relationships with government bodies Government bodies should be contacted by the business and be presented clear details regarding the business they will be putting up during the event. The business partners should abide by the rules and regulations provided by the government body. They should also be able to comply with the requirements of the government in order to put up their business during the event without any hassles. If there are any forms to be filled out, they should complete it honestly and clearly before any due date. • Explanation of benefits accruing from supplier relationships Once suppliers have been chosen, it is important to develop a productive and professional relationship with them. This will result in obtaining cheaper costs in which you can negotiate with them. It will also result in efficiency because both parties have established a good relationship so it is quicker for them to supply what is needed.
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- Fall '20
- Corporation, Limited partnership, Limited liability partnership, Partnership taxation