How Do Consultants Help Small Businesses?
Small business owners are used to taking care of all the decisions about their businesses, managing all aspects of developing the business, and overseeing all day-to-day operations. But sometimes, owners can be "too close" to their own business and miss issues or opportunities that an outside perspective can see right away.
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This is where a small business consultant comes in! A small business consultant is someone who is trained to look at businesses and their operations from the viewpoint of achieving the goals of the business owner. From starting a small business to marketing to new audiences to growing a small business into a big company, a business consultant can often cut through the fog and pinpoint areas where small changes can make a big difference in achieving your goals. Here are a few ways that business consultants can be beneficial to a small business.
Planning & Development
If you have had a business for years or are just starting out, the road to reaching your next level isn't always clear and laid out. A small business consultant can help select a business model, develop a business plan, boost fundraising, and help launching new products and services.
Strategy
Even small and micro businesses need brand strategies, and knowing how to help your business grow and reach the right audience will be key to reaching your goals. Whether your goal is to have local influence or to expand to international markets, a business consultant can help you lay out the steps your business will need to take to get you to each level of growth. Do you want to expand product lines? A small business consultant can help you build a roadmap to success and give you advice on the specific tactics and resources needed to achieve those goals.
Marketing
A small business consultant can also help you develop marketing and sales techniques that reach the right audiences and help your business grow. From creating a marketing plan to social media strategy; from SEO to content marketing, and more, a business consultant can help you drive traffic to your online store fronts and brick and mortar locations, too.
Staffing
Talent acquisition has never been more important in today's economy, and human resources issues have gotten more complex in recent years. A business consultant with connections to talent and staffing resources will help you fill positions quickly with the right people to help your business prosper. A business consultant may also be able to direct you to resources to fill organizational gaps as well as train staff on complicated topics such as inclusion, harassment, diversity, benefits, remote work, working with freelancers and/or contract employees, and more. This is one of the most important areas your small business will deal with, as having the wrong talent can impact efficiency and your bottom line very quickly.
Problem Solving
You know your business best, so you may be aware of where the most pressing issues with yourbusiness lie, but be out of ideas on how to solve them. A small business consultant will be able to look at your business and its problems objectively and help you develop strategies for alleviating or eliminating the areas of concern, as well as help you create a strategy for heading off future issues. Having processes and contingency plans in place can leave you sitting better when problems arise, including ones that are out of your control, as the pandemic so plainly showed us.
Finances
From cash flow to accounting, business finance is a complex area and far too many small business owners fly by the seat of their pants when it comes to the topic of money. A small business consultant will be able to give you advice on how to better manage your business' financials, including record keeping, hiring an accountant, taxes, payroll, expenses, profit and loss statements, and more. A small business consultant with accounting certification will be able to help you find areas where you can rethink spending, plan for retirement, create an emergency fund, and tax planning.
Technology & Security
It's a small business' nightmare to become the victim of a data breach, as many small businesses are ill-equipped to handle the fallout from a hack. Dealing with a data breach can be expensive, time consuming, and open you up to liability if customer data is breached. Additionally, it's critical to know technology regulations for privacy and data. A small business consultant well versed in IT and security can direct you to resources to protect your business and customer data, as well as fill in gaps in knowledge in your staff or management.
CALL OR EMAIL FOR AN APPOINTMENT TODAY!
(208) 755-8335 (M-F, 10 AM - 5 PM, Pacific Time)
debbie@debbieaferguson.com
SMALL BUSINESS LEGAL PLANS
We also provide support beyond the launch of your business. Our Small Business Legal Plans offer unlimited legal advice for common business situations. Our Small Business Legal Plans allow you to call your provider attorney to get legal advice on an unlimited number of legal matters pertaining to your small business. Starting a small business means that you are going to have legal questions. Wouldn't it be great to just be able to pick your phone and call or send a message to an experienced, dedicated attorney and get answers to those questions?
Once your business is up and running, there will be times when you need to run something by an experienced legal professional, such as sales contracts, lease agreements, hiring employees, and more. With the small business legal plan, you will be able to submit legal business documents up to 15 pages each for your attorney to review, download and use document templates created by our lawyers and then have them reviewed by your attorney for feedback, and your attorney can write letters and make phone calls on your behalf.
As your business grows, your Small Business legal subscription plan will continue to support your small business. You get one hour of legal research on each matter included at no additional fee. This does not include Designated Consultations on certain areas of the law or out of state matters; these issues are covered by three Designated Consultations included with your plan each year, up to 30 minutes each. And, with our Small Business Plus and Small Business Pro plans, you're even covered for legal support during IRS audits or representation in a trial if your business is sued.
The Small Business Legal Subscription plan will more than pay for itself the first time you use it. And, since our plans start at just $49 per month, having access to a qualified, experienced, dedicated small business lawyer is a priceless benefit to your business that is within budget.