Business networks: in order to make a leap in quality and start a process of internationalization towards other markets, Italian companies can find a useful tool in the business network. First of all, it is necessary to understand that the company, if too small and unable to position itself on too large markets, can rely on a consultancy company that can guarantee the company better results if assisted. In order to increase their innovative capacity and their competitiveness on the market, some companies decide to collaborate in predetermined forms and areas, exchanging information or services of an industrial, commercial, technical or technological nature, exercising one or more activities in common.
The business network is a contract that allows participants to pool activities and resources to improve business functioning and consequently strengthen the competitiveness of the companies that are part of it; it is a tool through which companies have the opportunity to achieve, through collaboration with other subjects, ambitious objectives, for example the inclusion in market areas at an international level that they could not reach alone due to the small size of the company, thus increasing its competitiveness without however renouncing its individual legal autonomy.
Implementing merger and aggregation programs, partnerships and collaborations represents the necessary response to face and overcome the challenges on foreign markets, always focusing on its own winning characteristics. Establishing a relationship of this type between companies is already today for many companies a must: in the near future, in anticipation of an evolution of the markets such as to assume the appearance of a large global network, it is probable that the structure of the Business Networks will be more evolved. Traditional networks will be replaced by more organized and better structured aggregations capable of expressing ever higher levels of creativity, speed and flexibility.
The process for creating a business network establishes, through a contract, the strategic objectives of innovation and increasing the competitive capacity of the participants and the methods agreed between them to measure progress towards these objectives. In the contractual stipulation, the name of the company, the company name of each participant are obviously indicated, and the duration of the contract, the methods of adhesion, and if agreed, the optional causes of early withdrawal and the conditions for the exercise of the relative are defined. right.
The contract also establishes the rules for taking the decisions of the participants on any matter or aspect of common interest, as well as the regulation of the modalities for modifying the programme. The definition of the contract may also envisage the establishment of a common patrimonial fund, the extent and evaluation criteria of the initial contributions and any subsequent contributions that each participant undertakes to pay. Octagona undertakes to provide all technical and legal assistance to companies interested in the establishment of business networks and the related contractual stipulations.
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