HOW TO CHOOSE A BUSINESS ADVISOR

HOW TO CHOOSE A BUSINESS ADVISOR

For those in the market for Business Advice, here are some helpful tips:

  • Always ask what experience the prospective advisor has in building a successful business outside of their current practice.
  • Ask what mistakes they made in their business, what those mistakes cost them and what they learned from these mistakes.
  • Ask what specific experiences they have with your type of business and the challenges you face.
  • Check that you will receive one-on-one sessions. Productive, focused time together will accelerate results and save you time and money in the long run, faster than any generic program.
  • Make sure your advisor will customise their focus on the needs of your business. This should start with a review of your business to identify blind spots and opportunities.
  • Ensure you can build a strong, open relationship with your advisor. Mutual trust, respect and belief in their advice are critical.
  • Ask if your advisor has a network of proven contacts they will share with you to save you time, money and the frustration associated with finding quality service providers.