Business Networking is a socioeconomic activity by which businesspeople and entrepreneurs meet to form relationships and to recognize, create or act upon opportunities, share information and seek potential partners for ventures.
When searching the terms “Networking” or “Business Networking” online, millions of articles appear. Since business development strategies and tactics have changed dramatically in the past decade, networking for your business is essential. The telephone is nearly obsolete for making an initial contact with a potential customer, as is direct mail. Cold calling? If you are unknown, you won’t get past the caller ID. Unsolicited e-mail? Blocked as a spammer.
Today, successful business development is contingent upon building trusted relationships and leveraging those relationships to meet new prospects. These relationships form the pillar of your business network. It is vital that you continuously grow and cultivate these relationships, as a large percentage of your business growth will come from your business network.
The FREE Buyers and Suppliers Matchmaking is an excellent opportunity to build relationships across Texas. Did you know that in the Semi-Annual Report for the Fiscal Year 2018, the State of Texas spent $10,240,167,499? In a good faith effort, the State of Texas' goal is to spend 20% of the monies to a Historically Underutilized Business (HUB). That should have been $2,048,033,499.80 to a Hispanic, Asian Pacific, Black, Native American, Woman, or Service-Disabled Veteran owned business. Only 11.93% in government contracts were awarded to a HUB company. That means $826,892,871 was literally left on the table! This is why TAMACC is continually promoting these procurement opportunities.
Why would any business owner not invest a couple of hours that could be incredibly fruitful and catapult their business to the next level?
Register today - meet that one contact that will change your bottom line. For more information, telephone the TAMACC office at (512) 444-5727.
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