How to Start a Business Referral Group

4 Dec. 2012 - - Total Reads 5,305

It’s a good idea to start with people you know and trust when forming a business referral network: people whose business you understand and who understand your business. By having a good knowledge of each other and the services that each business provides, especially in the early stages, it can pave the way for a cohesive group and can encourage organic business growth through referrals.

It is preferable to meet face to face when asking people to join your group. A physical meeting allows for free and open conversation and helps to develop a sense of trust for both parties, which is crucial for any referral network.

Developing relationships in business networks is of paramount importance, as people will only want to refer you if you are transparent and open in your dealings and happy to share your business contacts as well.

There is a give and take aspect to any referral group and it is important to be actively helping other group members through referrals. You might think that you don’t have much to offer a person and their business at a particular time, so it is important to persist and to think long term about how you can become a better resource for others. In the mean time, make yourself available and perhaps think of other ways in which you can offer any help. These are important steps to take when thinking about how to develop business relationships.

When starting a group it is a good idea to think about who you already have in your professional network: previous or present clients, classmates, work colleagues, friends and family. Although networking can seem difficult at first, it is quite likely that you already have a number of valuable connections that you can utilize.

Another good starting point is to make a list of the different types of businesses that you could benefit from working with. From this list you can then set yourself goals of meeting people either online or in person who are in these roles.

If you’re looking for a platform to connect people and build a dynamic networking group, check out – www.meetandmine.com

If you’re looking for pro tips on how to host and run a business networking meeting, see this article – Example Referral and Networking Meeting Agenda – AndMine

Michael Simonetti
Posted by:

Post Reads: 5.3K

Share this

Go on, see if you can challenge us on "How to Start a Business Referral Group" - Part of our 169 services at AndMine. We are quick to respond but if you want to go direct, test us during office hours.

Add Your Comment

Trusted by

Melrose Health
QV Skincare
TSB
Tassal
Sunday creek
Unsw Australia
Switzer
High Street Armadale
Victorian Government
Garmin
Florsheim
Castran Gilbert
Instant RockStar
Bintani
LBG Australia and New Zealand
Royal Freemasons
Matchbox
Engine Swim
Eway
GooglePlay
Kay Burton
Fed Square
Magento Solution Specialist
Drupal
Rackspace
Dial Before You Dig
Shell
Ello
Telstra
OJAY
Australia Goverment
Melrose MCT
Fairfax Media
Viktoria + Woods
passage to india
Smh
Loan Market
MAP
Canberra
Hairhouse Warehouse
MyAccount
Anthill
McArthur Skincare
Melbourne Heart
Max
Palace Cinemas
Google
Brisbane Times
Sports Power
Scrum
Marshall White
Grow Your Business
Focus On Furniture
Grow Rich
Madman Entertainment
Windsorsmith
Digital Agency Panitsync
BlackMores
Mamma Lucia
Elucent
RMIT University
Grays Ecommerce
Macmillan
The Burger Cheese
iPrimus
Engineers Without Borders
Schiavello
POSTER Magazine
Microsoft-Certified-Azure-Fundamentals
Tony and Guy
Aqium Gel
Vendor Advocacy Australia
James Buyer Advocates
Jetstar
vissf
The Age
CSquared Executive
Parker Lane
BCG
AC/DC
Melbourne Central
ISO Certified
Uber
Beaumont
Arthur Galan
Dinosaur Designs
Toy World
Paypal
National Museum of Australia
Bank of Cyprus
Australian Physiotherapy Association
Professional
Fresh Cheese Company
University of Melbourne
Bondi Sands
One Shift
tribe
Ego Pharmaceuticals
Chia
Etihad Stadium
Celebrate health
CBRE
Bulk Nutrients
Jalna
Federation
Australian organic foods
Watches of Switzerland
OMS
Positive Poster
Nmiinsurance
Magento
Maxine
MSAC
Metricon
DepSkin.com
Fortune Institute
Dusa
Appstore
Associated Press
Van Egmond Group
Tek Ocean
Bostik
Liveoneday
Ebay
Rock Pool Group
Coles
SunSense Digital Agency
ADP Payroll
Green St Juice
CAN
GPT Group
Rydges
Oracle
Swin
Cronos Australia
street kitchen
Xavier
White Suede
Crumpler
Forbes
Acquia Drupal Certification
131 Pizza
TPP
abc
Hanover
Novvi
Bigcommerce
Amino Active
Smart Company
DeeWhy Market
Ubertas Group
Arc One
21st Century Education Agency
Oakdale
Moov Head Lice
Movember
Atlantic Group
Heat Holders
News
Natralus Australia
WTFN
National Relay Services

Testimonials

The guys at &Mine are one step ahead and have made the process pleasant and stress free. All credit to them and their great working culture because I expected the process to be awful. I am looking forward to taking this project live and doing more business with &Mine. Lauren Brown, Director, Motto fashion

More Testimonials
AndMine-Google-Partner-Signature