Getting expert business advice can mean all the difference when it comes to business success or failure, both in the startup phase and as the business expands. When looking for that kind of help, you have three main types of resources to depend on.
One is seminars, books and other self-help materials that are actually quite useful and cost-effective for any rookie. There are business coaches as well, or long-term advisors who can help you with your business plan and offer valuable business skills as you move forward. And of course, you have consultants, who are more of specialists whom businesses hire to help with specific areas of operation, such as sales and marketing or computer networking.
As you might have surmised, these three business advice sources are not completely independent of each other. As they share one common goal, which is to help a business, they are quite substantially linked with one another, even if they each have a different purpose.
Just as a whole village is needed to raise a child, a full range of outside specialists is also required to usher shepherd a business in its initial phase. Combining all three types of help won’t only save you from mistakes in the beginning, but it also helps you shape and grow your business.
You can’t underestimate how a good self-help material – for example, books, CDs, DVDs, etc. – can inspire you and teach you crucial lessons. You’ve got practically unlimited choices out there!
Of course, online is an almost infinite source, but practice good judgment and stick to credible sources. These materials help you understand the most important business principles, and offer general advice on many different topics, from submitting a business proposal to creating a lead masterlist. Consult your chamber of commerce or visit your local university or library.
As self-help materials help you in a general way, a business coach can provide assistance that is very specific to your business. As you’d expect, you have to pay a retainer, which often depends on the number of hours you’ll be working together, and the program that will be designed for you.
A good coach is one who has a long history behind him giving him what it takes to effectively analyze your business model, suggest improvements, pinpoint problem areas, etc. If sales are not very good, they will try to see what’s the problem and come up with a solution.
When you choose a coach, they should be available to personally observe your operations, offer training assistance, and be on call. Of course, you’d like someone whose personality meshes well with yours. It’s hard to be productive with someone you don’t even like.