Collaborating with other organisations can be critical to the success of your business – There are now more ways than ever to identify and explore collaborative opportunities.

As well as the possibility of increasing your profits, teaming up with others offers the chance to share creative ideas, grow your network, learn, save money and solve problems.

The advice given in this short video includes, how to create a clear partnership strategy, identify and select the right business partners, and how to measure the success of working together.

The tips below, from Innovate UK, will help you achieve successful collaboration with partners: