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strategic alliances has teaming up with another business ever crossed your mind a strategic alliance with another business is a great way for businesses of all size and types to expand their docHub strategic alliance is an agreement between businesses in which each commits resources to achieve a common set of objectives its an opportunity for like-minded businesses to help each other by offering or recommending services to customers who you know would benefit from the help of another business when done correctly its great for both businesses involved in the strategic alliance as it helps grow revenue and increase customer base it really is a win-win situation and having this viewpoint towards it is what really defines the success of a strategic alliance so what can a strategic alliance do for your business your business may use a strategic alliance too share resources and information your businesses may be in the same field but you are likely to have expertise in different areas both