Initial Partnership Proposal
A company is presenting a business proposal to a potential international partner, outlining benefits, shared goals, and initial terms for a collaboration.
Dialogue
Listen and follow along with the conversation
Vocabulary
Essential words and phrases from the dialogue
proposal
A plan or suggestion put forward for consideration, often in business to start a collaboration. Use it when presenting ideas, like 'our business proposal'.
partnership
A business relationship where two or more companies work together. Common in international trade, e.g., 'strategic partnership' for long-term cooperation.
leverage
To use something to maximum advantage, like resources or networks in business. Say 'leverage your distribution network' to mean utilizing strengths.
synergy
The combined power of working together that creates better results than alone. Useful in proposals: 'This synergy will help us grow'.
economies of scale
Cost advantages from larger production or sales. In trade talks: 'Achieve economies of scale' means saving money through bigger operations.
portfolio
A collection of products or investments a company offers. In business: 'Expand our portfolio' means adding new items to the range.
profit sharing
Dividing profits between partners. Key in negotiations: 'Discuss profit sharing' to agree on how earnings are split.
intellectual property
Creations like inventions or designs protected by law, often abbreviated as IP. Important in global business: 'Protect our IP rights'.
negotiation
A discussion to reach an agreement. Essential in trade: 'Open to negotiation' shows willingness to compromise.
milestone
A significant point in a project, like completing a phase. Use in partnerships: 'After certain milestones' to set progress markers.
Key Sentences
Important phrases to remember and practice
Thank you for making the time to discuss this exciting opportunity.
A polite opening in business meetings to show appreciation. Useful for starting professional talks; 'making the time' means scheduling despite busyness. Practice for courteous communication.
Please, elaborate on the core benefits you envision.
Asks for more details politely. 'Elaborate on' means explain in more depth; 'core benefits' are main advantages. Great for negotiations to seek clarification.
Our primary goal is to leverage your strong distribution network in Asia.
States a main objective using business terms. 'Primary goal' means main aim; shows how partners' strengths combine. Useful pattern for outlining strategies in proposals.
That's a compelling point.
Agrees and shows interest. 'Compelling' means convincing; a short response in discussions to acknowledge good ideas without committing. Common in professional etiquette.
Could you outline the initial terms you're proposing regarding profit sharing and intellectual property rights?
Requests a summary of key conditions. 'Outline' means give a brief overview; 'initial terms' are starting proposals. Polite way to probe details in trade talks, using conditional 'could' for courtesy.
We're open to negotiation on that point.
Shows flexibility in discussions. 'Open to' means willing; useful for building rapport in partnerships. Grammar: Present continuous for ongoing willingness.
I'd like to take this proposal back to my team for a more in-depth review.
Requests time to consult others. 'Take back' means bring to group; 'in-depth review' means detailed check. Standard in business to delay decisions respectfully.
How about early next week?
Suggests a time for follow-up. 'How about' is a casual yet professional way to propose options. Useful for scheduling in international communications; responds to questions about timing.