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July 6TH, by Jason Tiemeier, No Comments

Importance of networking for a new business

Face-to-face business networking is one of the most important ways to connect to your local business community. Whether you are new in town, looking to generate new business or just want to see what your competitors are up to, networking should be an essential part of your strategy.

Benefits of networking for a new business

If you are starting a new business, there is nothing more important than letting people know you exist. The best way to do this is by attending local business networking events, joining your local chamber of commerce, and generally getting involved in the community.

Business networking can support a range of benefits, including:

– Understanding your community’s needs
– Getting to know your competition
– Having a better understanding of the challenges you may face
– Provides opportunities for referrals 
– Introduce you to other businesses that may be of value to you
– Establish yourself as a part of the community at large

Networking also opens you up to opportunities for growth, learning, and development that you may not otherwise have access to. Building a strong network is essential to your long-term prospects, so as a business owner of any ilk, it is one of the first things you should focus on.

How to get started with business networking

Once you have launched your company, be sure to make some time for networking on a regular basis. Here are some things you can get started with right away:

1. Join your local chamber of commerce.

The Georgetown chamber and Round Rock chamber are open to any business in the area. Members can attend all chamber-sponsored events, which include networking lunches, learning seminars, and more. You will learn more about your local community and the businesses that support it.

2. Volunteer for a committee

Joining a committee that is focused on an issue that is important to the local community is a great way to put your name and your reputation out there. Align yourself with worthy causes and lend your voice where it counts the most – right here at home.

3. Attend or exhibit at trade shows

One of the best ways to find out who the movers and shakers are in your niche is to attend trade events. They can be big, they can be small, but you’ll be throwing your hat in the ring with people who understand your motivations and your challenges – and quite possibly connect with others who can help you grow. You might also think about becoming an exhibitor at a trade show. This is a great way to invite opinions from the people who you most want to do business with.

4. Craft a compelling elevator pitch

Every business owner needs a great elevator pitch. It should describe exactly what you do and outline your value proposition. It should be no more than 30 seconds in length – about the time it takes for a brief elevator ride. Even if you don’t think you need one, you will be surprised at how often it will come in handy!

Small businesses in Georgetown depend on Heritage Office Suites

Small businesses, startups, entrepreneurs, freelancers, and remote teams all need a place to get things done. In Georgetown, that’s Heritage Office Suites. We provide flexible office solutions for businesses at every stage of development and we would love to talk to you about how we can help. Drop by for a tour today.

Written by: Heritage Office Suites

Our mission is to provide entrepreneurs, freelancers, startups and businesses of all sizes with a collaborative office environment, along with the on-demand services needed, to be more productive and innovative. Our all-inclusive workspaces are a cost-effective alternative to traditional office space that allows your business to thrive while staying lean and nimble.