Whether you are planning to start a new partnership, trying to convince an investor or looking to expand your business there are many situations in which you need to entertain business associates. This can be very different from having a drink out with friends since you need to make a statement. Here are three ways to entertain your business associates.
Going out for dinner or for a drink is the easiest way in which you can entertain someone. When choosing a venue make sure that it is more towards the high-end side of things. Make the food and an ambience something to talk about since this will help you ease into the conversation. A fine dining restaurant or a restaurant that serves any special kind of cuisine will be ideal for a formal meeting or if you want something a bit more casual do some research on the best pub food in Sydney and choose a nice pub that fits your liking.
This is especially great if you’re representing a company as you can make a company event the perfect opportunity to entertain someone. If it’s a particularly important deal that needs some persuasion, hiring appropriate party function rooms and hosting a small event can be the perfect option. This would not only expose your associate to your business and its people but the fact that you are with your friends in a familiar environment will give you an advantage when it comes to any persuasion or negotiation. This may seem a bit far-fetched, but when the deal is big what you do to get that deal should be equally big.
Bring them home
This is by far one of the most effective things you can do and is especially effective if you’re an entrepreneur or a small business owner. Most of the time people make their decisions based on the person they get to work with and by bringing your business associates into your home you will be able to build a stronger bond and most importantly trust. Inviting them home for a meal is the perfect way to start things with a more human approach and this can be very effective. However, this method won’t work for every situation so you need to be calculating about whom you invite to your house.Business has a lot to do with communication and the environment in which you do communicate can have an impact on the result. Next time you have to entertain some business associates you will be ready.