Does my company need a business consultant?
Whether you think your business could use a business consultant or not, it’s something you should consider. Getting a second opinion from an unbiased source can mean the difference between massive growth and steady progress. The endgame of business is to grow, and if your business is not experiencing significant growth then it’s time to consider seeking professional help.
The key is to identify and have access to consultants before you need them. Often when we are brought into the company, there is already a crisis or need for the service. With the proactive approach of getting involved before problems arise, we can help our clients avoid reactive measures, deliver better results and prevent costly mistakes.
In almost all cases, it’s worth at least talking to a consultant. They’ll be able to give you an objective opinion of your company, and reveal problems or strengths that you were previously unaware of—the value of which cannot be overstated.
When do I know the best time to hire one?
As stated above, the best time to hire a business consultant is in advance before you need advice. Pre-plan networking by developing strong professional relations with people who can be of value when the need arises.
It is often cheaper for a company to hire an external consultant rather than hire full-time employees since consultants can be brought in on a very flexible and customized approach. Hiring an external consultant during a crisis will often raise the initial cost of the engagement and can also negatively affect the business's bottom line.
If you’re at that stage, where you’re getting your business to the place where it’s starting to heat up and grow, then it might be time to start thinking about bringing in a business consultant.
To help you get started on your next strategic plan, contact Todd Dyer.