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BUSINESS STRATEGY

Structure the Team and Operational Setup

Identify Key Vendors and Partners

Not everything should be built in-house. Identify external partners that support delivery: from tech tools to agencies. Clarify ownership, contracts, performance expectations, and risks of dependency.

Why it's Matters

No startup builds everything in-house. Strategic use of vendors and partners can accelerate progress, reduce costs, and fill expertise gaps but only if selected and managed deliberately. Unclear ownership, unvetted vendors, or scattered partnerships can create hidden risk and erode alignment.

What You Need to Do
  • List external providers critical to strategy execution

  • Clarify the role each vendor/partner plays in delivery

  • Assess fit, dependencies, risks, and scalability

  • Assign ownership for each relationship internally

How to Approach It

Identify the key categories where external support is needed:

  • Tech / dev agencies

  • Legal / compliance

  • GTM enablement (e.g. paid media, SEO, PR)

  • Tools / platforms (e.g. analytics, CRM, cloud infra)

  • Channel or integration partners

For each, define their strategic role:

  • Are they delivering a service? Owning an outcome? Scaling       something you can’t?

  • Are they core to your differentiation or just enablers?

Evaluate based on performance and risk:

  • Reliability, cost, responsiveness

  • IP control, vendor lock-in, dependency level

  • Contract clarity and exit flexibility

Assign internal ownership:

  • Who manages the relationship?

  • Who’s accountable for performance?

  • How often is this reviewed?

Deliverables
  • Vendor/partner map

  • Role and value statement for each major vendor

  • Assigned owner per relationship

  • Contract checklist (risk, renewal, exit terms)

How to Tell if You Got It Right
  • You know which vendors drive outcomes vs. just deliverables

  • External support is aligned with your stage and strategy

  • No major partner relationship is unmanaged

  • You can explain (and justify) every major vendor cost

What to Watch Out For
  • Vendor sprawl: too many tools or partners with unclear value

  • Overdependence on a single agency or contractor

  • Shadow procurement: no visibility or consistency across departments

  • No process for vetting, onboarding, or reviewing external relationships

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