I'm a Consultant but I also like to educate my clients.
There comes a point in every business when the owner realizes they need advice and wonders, “Should I hire a consultant?” And, as with most things in life, the answer is, “It depends.”
Whether you’re starting a new company or growing an existing business, hiring the right consultant can be a cost-effective way for your small business to leverage specialized knowledge.
Conversely, hiring the wrong consultant can cost you more than money—it can cost you a lot of wasted time and energy. So, the challenge for a small business owner is to understand the role of a consultant in their business, and to learn how and when it is cost-effective to hire one.
What does a small business consultant do? Glad you asked...
Remember I said earlier that a business consultant is simply an outside expert you hire to solve an internal business problem. However,a good consultant is a great source of specialized knowledge. And a great consultant brings knowledge, skills, experience, and process to improve the client’s condition.
Unlike people with a job, consultants have independent schedules, and they often have multiple clients, and are hired on a contract/project basis.
Depending on the consulting firm, consultants may work alone or may bring their own team, which typically includes one project manager and two analysts.
TIP: It is always important to clarify who the primary contact person will be in order to prevent miscommunications. A consultant can help with marketing and strategy, business expansion and improvements, and even execution of their ideas and recommendations.
My Process works like this:
Pre-consulting: - The Discovery phase Prior to beginning work, you and I set the terms, parameters, and agree on the “consulting agreement”.
Consulting period: - Research phase
The consulting period typically includes a discover, research, and final presentation of recommendations that completes the project.