Many small business owners think that what they do is too small fry for many consultants. Actually, it is better to get information, advice, and guidance as early in your business building as possible. Consultants aren’t just a voice at the end of a phone, they can really pitch in and take on some of the work too – which makes them worth a lot more than the price tag.
Here are some of the benefits:
As mentioned above, they are experts in what they do. Almost all businesses will need an extra set of eyes, but many will simply ask someone they know. Biased answers aren’t helpful. And, you can get an expert in pretty much all areas of your business. IT consultants will be able to get all your tech in order – including your help desk – which many people don’t love to handle. A business coach will be able to help you clarify what direction you want to take and how you want to do it. And, if you believe in the power of asking for what you want and making it happen, you can even get a manifestation coach.
Small businesses are typically focused on growth. It should be an aim (not just a dream), to grow the company into new markets, create new products, double/triple/x100 their current profit. This requires some real direction and a concrete plan to get there. It can be challenging to plan your own journey because you don’t always see all of the opportunities until they pass you by. A business growth consultant has a finely tuned opportunities radar and will be able to craft you a growth plan that will meet your goals. Very often, it is the small goals that you forget to set yourself, and motivation can run dry pretty quickly if you don’t have little achievements along the way.
This is a big sticking point for many. They don’t see the benefit in paying out hundreds or thousands of pounds/dollars/euros. But seriously, the value that a consultant brings is a lot more than they charge. Imagine you invest somewhere around 500 in a few sessions. And those sessions give you 6 new products and processes. And those 6 products sell thousands of units, and the processes make it twice as fast. That 500 was a drop in the ocean.
Probably worth more than money. If you have someone who can help you speed up your processes, who can see where the time-suckers are, and clean them up or at least give you the information and help you set up the tools (or hire the right person). You can’t create more time, but you can be more focused and implement tools to help things run better. That, in turn, will give you more time to work on your business rather than in the trenches of it.
A critical point is that they are consultants (typically) because they have many years of experience in the field and are well versed in spotting pain points, implementation, hiring, and firing, then wrapping it all in a bow for a hand-off. These are just a few benefits of hiring a consultant.