mdi-chevron-left Go Back


The action or process of interacting with others to exchange information and develop professional or social contacts.

Business Glossary provided by
Networking in a business context is the strategic act of cultivating relationships with other people in your field or industry. It is essential for career development, as it can lead to new opportunities, the exchange of ideas, the acquisition of new knowledge, and the expansion of one’s sphere of influence. Effective networking involves regular interaction and follow-ups with contacts and being genuinely interested in other people. Professional networking events, industry conferences, and social media platforms are common places where networking occurs.
View Glossary Writing a Business Plan?

Starting or Running a Business?

Generate a business plan in minutes.

Get Started
Business Owner