Creating Opportunities for Each other in Challenging Times

Politics, Brexit, Tariff Wars or Wars in Europe or Middle East, these can be divisive topics. However, in typical BforB fashion, members are discovering ways to unlock business opportunities the current climate presents us with, and to share them with their BforB colleagues.

Leaving the EU has presented its challenges and created opportunities. Now that much of the war in Ukraine is nearly over and UK is heading over to dealing with trade tariffs, immigration and domestic affairs – for better or worse, depending on your standpoint one thing is likely. Entrepreneurs with international clients will need to find alternative or more ways to expand their reach beyond EU or USA territories.

At BforB, there are opportunities to do business globally through our international network. We remember a story of triumph over confusions at a BforB club, this is how the lovely story unfolded. An interpreter, translator (member of BforB) met a fellow member who at the time was a Business Development Executive of a car dealership, they were playing golf over that weekend with a patent attorney. The attorney mentions one of their customers were thinking strategically to export their product outside Europe. However, for that to happen, the invention needed to be checked against existing patents in Japan, all of which in Japanese. His deal is stuck at this point and he had chosen to wait for the client's instructions.

To cut the long story short, next meeting at the BforB club the BDM passed an introduction and referral opportunity to the language translation company. The Japanese translation requirements was specifically translated into English for the patent lawyers to complete their job.

The translation did facilitate new markets in the UK and also around the world where the motor parts helped the vehicle industries thrive.

Fast forward 14 years later, the translation services continued to do business with the car company. That is the power of BforB referral marketing system. Making that lasting connections that transcends the room and the people sat next to you at each meeting. It is low cost client acquisition and all in all profitable business year on year.

For more details and opportunities contact us enquiries@bforb.co.uk  or find local clubs here.

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