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|Posted on May 8, 2014 at 9:04 AM|
This article provides some good reasons to consider:
Posted by Robert Half Management Resources Find me on: Facebook LinkedInTwitter Google+ on Feb 3, 2014 5:05:00 PM
The term “small business” can conjure up images of skilled multitaskers and bosses whose philosophy could be summed up as: “We’re already doing everything ourselves; why use a consultant?” However, hiring a small business consultant can bring many benefits. You can save time and money, but perhaps even more valuable, when you hire a small business consultant, you can gain the expertise you need – when you need it – to fix existing problems, head off potential dangers and make sure your business is best positioned for growth.
1. Save Time and Money
Are you still doing the taxes for your business? That’s a common financial issue for which small businesses retain consultants. It doesn’t always make sense for small business owners or managers to spend their valuable time on something so complex and outside their area of expertise.more But what about other financial issues? It might take you hours to research the answer to a financial question for yourself. Hiring project professionals who can support your business in areas in which you are less knowledgeable conserves cash and time.
2. Gain Expertise When Needed
Even if you have time to work on them, problems with a higher-risk profile, in particular, may require professional assistance. Some financial mistakes can be quite hazardous to your bottom line.You can hire small business consultants who could help you assess and evaluate your business processes, your operations management, your supply chain logistics, your exposure to risk and more. Because you may not need such high-level assistance on a daily basis, bringing in a consultant can be a great way to get the expertise when you need it.
3. Handle Uneven Workloads
Your company is great at what you do. You repeatedly turn out polished products and services that net you repeat business. You know the nuances of your chosen area; people never mistake you for a newbie. But when you need to ramp up suddenly, you run the risk of under-delivering. Hiring seasoned small business consultants to help navigate the ebb and flow of supply and demand can help cement your company’s reputation as thoroughly professional.
4. Grow for the Future
Help with taxes and financial reporting is critical, but such work is focused on the past and present. What about your business’ future? Where will your business’ growth come from? An interim CFO or consultant can not only help you figure out the answer but also help you get pointed in the right direction.Robert Half’s research report Benchmarking the Finance Function can help you understand and evaluate whether your business has sufficient resources – and the right kind of resources – to meet your goals.
Categories: Small Business Consultant