Sunday, February 26, 2006

Partnerships and referral fees help small business

The success of small enterprises in Emilia Romagna is attributed to their dense network of partnerships. Small firms are not afraid to take on large clients because they subcontract out to one another. Any small business could earn referral fees by sending business elsewhere. Amazon Associates exemplifies how this can be done; Booksense offers a similar arrangement with local independent booksellers. Between businesses, I expect there are better examples of referral fee arrangements and I will post them when I find them.

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