If you’re running a business in Sydney you’ll know that it’s hard work. Between business planning, managing employees, maintaining customers, creating financial projections and so on you also need to think about the growth of your business and its future direction. Sydney business advisors can help you assess your current activities as well as allowing you to step back and think of the future direction you want to go in.
Sydney business advisors are strategists that work with you to help with planning, marketing, finances, planning and other aspects of your company. They typically have past experience of running a business themselves and often have niche experience in areas such as finance, legal, planning, marketing and so on. Most often, however, they are like an extension of the owner and lend their expertise where needed as well as focusing on areas that require the most attention.
A business advisor can be a valuable asset to your business, but how do you find the right Sydney business advisor? Following are some things to consider.
• Business Experience
Look for a business advisor that has experience in the particular area you are operating in and that understands the special challenges that you need to meet. An advisor that has run their own business is ideal but also look for one that has experience in areas such as financial management, employee recruitment and retention, finding capital funding, implementing technology and so on where you need particular guidance.
• Niche Experience
If possible find an advisor that specializes in your industry or area of business. Such advisors will understand the specific business concerns your type of business has and the competitive arena in which it operates.
• Credentials
While an business advisors’ experience is their greatest asset and credentials are not necessarily required, you will have greater confidence in someone that is a certified practicing accountant has a business degree or MBA. Whether credentials are on your list of priorities will depend on the specific advice you are looking for an the complexity of the issues involved.
• Referrals
Ask other people and businesses in your area about the advisors they have used; you can also check with mentors, work associates and members of your business network or industry body about whether they would recommend the advisor you are considering. You should be specific about the particular advice you are looking for and then do additional research on any that are recommended by looking at references and testimonials from past clients.
