subject: The Role of Small Business Advisors [print this page] Author: Patrick Fitz-gibbon Author: Patrick Fitz-gibbon
You know your business; that is why you ventured into your field in the first place, but do you know business? Many small business owners know their respective fields but lack specialized knowledge about good business practices. If you find that your business could use some help establishing good business practices consider hiring a small business advisor. Small business advisors can help the budding entrepreneur in a variety of ways.
Business Coaching First and foremost, small business advisors can help by actually coaching you and your business to becoming better. Whereas a business consultant outlines problems and develops a course of action, a small business coach outlines current and potential issues but also assumes the role of teacher and trainer, providing instruction on how to invest in your business, how to avoid mistakes and how to implement change. The small business advisor has, by virtue of the work they do, seen first-hand the mistakes made by various businesses and have played party to their recovery.
Marketing Training Small business advisors also provide marketing training to help you navigate your chosen market successfully and avoid marketing mistakes. They help you identify market opportunities and find ways to make the most of those opportunities. Small business advisors can really make an impact here because they are involved in the market through their own business and the businesses of the other people they coach. As a result, they have a better understanding of the current market situation and can provide advice as to how to enter other markets, some of which you may not have thought of, such as a different geographic area or moving all or part of your business online. They also help you with issues such as effective branding, advertising, lead generation and the creation of an actual marketing plan.
Financial Advice Using a small business advisor can also benefit your bottom line. Small business advisors can help you make sure that you are investing your money in your business, and yourself, in the right places and can assist you to increase your income and lower your overhead costs at the same time. By offering advice, training and direction, a small business advisor can help make sure that you reach all your financial goals, including eventually transitioning into passive income from your business.
Time Freedom Passive income means that it requires no work from you; the business is generating money without your input, allowing you time freedom for family time and me time. It also means making your money work for you, rather than you working for your money. Donald Trump and Robert Kiosayki both took different paths to their own financial freedom, real estate and business education respectively, but the results were the same; they were both able to acquire true financial security through passive income.
When looking at small business advisors, look for those who are currently active in business and that have actually reached their own level of success. Visit www.helpingyouhelpyourself.com for more information on finding success through small business advisors and business coaching.About the Author:
To find the best small business advice available for the online entrepreneur and to get a complete help package to help you develop your own small business visit www.HelpingYouHelpYourself.com
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