A strategic partnership is a formal alliance between two commercial enterprises, usually formalized by one or more business contracts but falls short of forming a legal partnership or, agency, or corporate affiliate relationship.
Typically two companies form a strategic partnership when each possesses one or more business assets that will help the other, but that each respective other does not wish to develop internally.
Through this association, Microfile and EP WASTE MANAGEMENT will broaden the spectrum of services offered to both companies current client base. This association will also open up extra avenues to give a more comprehensive service to new industries and clients that neither of the two companies could do prior to this association.
There are many advantages to creating this strategic partnership. The biggest benefit is that Microfile can now offer a safe disposal for more products and EP WASTE MANAGEMENT can offer on and offsite destruction of confidential papers and eWaste along with many more benefits.
This association will utilize the strengths of both companies to make both companies stronger in the long run.
This association will inevitably lead to expanding both companies footprint through the South African market.