Consultants Can Help Address Business Concerns

  • Posted on: 18 February 2017
  • By: Leonard Shostak

Did you know that 54 percent of all sales in the U.S. happen due to small business? According to a study by Constant Contact, 84 percent of small business owners would start up a business all over again if given the opportunity. The motivating factor is the ability to both pursue a passion and gain freedom.

With this passion for business also come concerns that can be addressed by hiring a business consultant. Innovative solutions that are specific to your actual needs can come about when you hire a qualified consultancy firm. Some of the concerns of business owners are listed below. Consultants are able to address these issues and offer possible solutions:

  • Finding new customers (64%)
  • Lack of time (54%)
  • Retaining customers (40%)
  • Paying bills (32%)

Business consultants can help businesses prosper even during tough economic times. To remain profitable and competitive, it is essential to have access to the right information, knowledge, and personnel. How can a consultant assist?

The consultant does not have any ties emotionally to the business. He/she can look more objectively at the issues to get a deeper understanding of the business and the market, as well as the strengths and weaknesses of the business model and the owner/entrepreneur. Once the initial research of studying all aspects of the business and surveying potential customers is complete, a comprehensive plan of action can be put in place to address issues and guarantee future growth. This well-thought-out plan will minimize risk and loss and help the business thrive.