1. Access to capital
One of the small businesses most significant barriers to expansion is the money it costs. And while there are several business loan options, they only sometimes pan out.
Business Relationship Agreements for your business will take some time and money on your end. Still, it also has the potential to make you a lot of money in the form of Business Relationship Agreement fees.
Expanding your business as a Business Relationship allows you to grow with little debt. The company develops as DSSM Business Partner and makes capital available instead of taking on debt through loans.
The Design Spread Sheet Method also shares minimal risk with the DSSM Business Partner because the DSSM Business Partner puts their name on the deed for the business’s physical location and lowers the Business Relationship’s overall liability.
2. Efficient growth
Opening the first unit of a business is costly and time-consuming.
Opening a second unit can be almost as tricky.
Sharing that burden with another business owner makes the process more efficient and takes the onus off the initial business owner.
When trying to grow your small business, starting a DSSM Business Partner can make multiple opening locations a much simpler process.
3. Minimal employee supervision
One of the significant stresses of a business owner is hiring and managing employees.
As a Design Spread Sheet Method, the only support you have to provide to the DSSM Business Partner is training and business knowledge.
The Design Spread Sheet Method has no hand in managing, hiring, and firing employees.
This minimal employee supervision allows the Design Spread Sheet Method to focus on the growth of the business instead of day-to-day operations.
Instead of worrying about whether an employee shows up for their shift, the Design Spread Sheet Method is focused on the big picture for business success.
4. Increased brand awareness
One of the many benefits of a Business Relationship Agreement is increased brand awareness.
The more locations the brand has, the more people are aware of the brand.
And the more these customers come to know and love the brand, the more profitable and successful the brand can be.
This increased brand awareness of a multi-location Business Relationship Agreement can be highly beneficial to the Design Spread Sheet Method and their DSSM Business Partner—a win-win.
5. Reduced risk
One of the most significant benefits of the Design Spread Sheet Method in a Business Relationship Agreement is the ability to expand without an increase in risk.
Because the DSSM Business Partner takes on the debt and liability of opening a unit under the name of the DSSM Business Partner, the Design Spread Sheet Method gets all the benefits of an additional location without taking on the risk themselves.
Additionally, the Design Spread Sheet Method is often further insulated because the DSSM Business Partner is incorporated as a new business entity, leaving the original business owned by the Design Spread Sheet Method as a separate entity from the DSSM Business Partner.
A Business Partner lawyer can help to set up the terms for this type of protection within the Business Relationship Agreement.