Operating a business in Los Angeles can become expensive.
Many business owners feel overwhelmed with trying to keep the company’s overall budget on track. Business expenses such as the cost for office space, supplies and equipment, employee’s payroll, outgoing expenses payable to vendors and even marketing and advertising costs to target new clients can bring pressure and worry to any business owner.
There are a number of networking groups to join in Los Angeles such as BNI International, Leads Club Los Angeles, LeTip International, Inc. and Westside Women Leads Club that can help you find more clients specifically targeted to your business.
However, it does cost a fee to join and some only allow one business to join each job category. Plus, some groups may put pressure on you to make an immediate decision to join their networking group right away.
If you want to join a networking group, but your company budget cannot accommodate the expense or the job category that fits your business is unavailable, create your own networking group with clients and people in your network. And you don’t even have to charge a fee.
First, establish how often you want to meet either quarterly, monthly or once a week.
Next, determine when you want to have your meeting and how long it should last. Early morning hours before 7:00 AM or in the late afternoon after 4:00 PM are ideally times because meeting at those times won’t affect someone’s workday.
Then decide whether you want to have your group meet at your business or another location such as a restaurant, library conference room or an office meeting space because of capacity and parking limitations.
Don’t forget to contact the venue for any charges to use the space, number of occupant limitations, food costs, and how long the space is available.
Provide simple finger foods and appetizers along with non–alcoholic beverages, as this is still a business function.
Notify all potential and current clients along with any business alliances in advance with an invitation sent through the mail. Ask attendees to bring plenty of business cards and any referral requests to exchange.
During the event, have plenty of pens and paper available for people to exchange referrals. Be sure to give everyone an opportunity for a 30–second introduction about themselves and their company.
Afterwards, be sure to personally contact your guests and thank them for attending.