Skip to main content

How to manage a business partnership

How to deliver on the agreed partnership and nurture the relationship.
  • Author: Creative Australia

On this page

Deliver the business partnership 

Once you’ve signed the agreement, the partnership moves to delivery. Both parties need to contribute to managing the relationship. 

What’s involved in delivery

  • Project management: identify main contacts for each partner, define roles and responsibilities, agree on key dates, approval requirements, reporting requirements and escalation processes. 
  • Deliverables: track and deliver what’s promised including reporting on project status and due dates.  
  • Changes: agree and record any changes to deliverables, timelines, responsibilities, rights or benefits. 
  • Strong communication: agree on when and how often you’ll communicate. Be clear, timely, honest and proactive. Tell partners early if there’s a problem. Don’t wait until reporting time. 

Nurture the relationship  

The delivery stage is an opportunity to deepen the relationship and build the connection with your business partner. For example, you could: 

  • hold regular relationship check-ins between key people from both organisations  
  • share good news or media coverage 
  • provide photos, stories or audience feedback 
  • acknowledge staff or client participation 
  • offer a short debrief after major activities. 

Renew, revise or conclude a business partnership 

Assess what to do when the agreement ends. 

Go to guide
Logo Creative Australia

We acknowledge the many Traditional Custodians of Country throughout Australia and honour their Elders past and present.

We respect their deep enduring connection to their lands, waterways and surrounding clan groups since time immemorial. We cherish the richness of First Nations Peoples’ artistic and cultural expressions.

We are privileged to gather on this Country and through this website to share knowledge, culture and art now, and with future generations.

First Nations Peoples should be aware that this website may contain images or names of people who have died.