Working together with 'competitor', yes or no?
First off, forgive me my spelling, I'm not native English speaking..
I'm running my business for the last couple of months and I already have more people working for me. 1 webdesigner, 1 copywriter and 1 photographer. I hire them on project basis, the designer is somebody I work with the most and if my business is keep going in this direction we can maybe start a business together. Okay, so far so good but...
last week I spoke to the owner of an 'oldschool' web/advertisement firm in my town. They create advertisements for newspapers, develop websites but not mobile and no social media (what we do). I hade a two hours meeting with him and next week we meet again. This first meeting was a 'getting to know each-other' moment. We are thinking about working together more closely because they do nothing with mobile and or social media.
With the term 'competitor' I actually do not mean it in that precise word because I think we can also benefit from each-other. I have good trust in the owner also but I know I have to look out that we are not targeting each-others clients etc.
Do you guys have any advice before I start working with a company that can be a competitor but can also be a good boost to my sales? Maybe some people where in the same boat I'm in right now and give me some advice.
Mike