Showing posts with label business advice. Show all posts
Showing posts with label business advice. Show all posts

Wednesday, 11 March 2015

Business Consultant

What does a business consultant do?
A business consultant works with a company or small business to review the existing practices in the areas of sales, marketing, product or finance amongst others and then to work with the management to make recommendations for improvements. Most business consultants specialise in one or two areas of business management, such as sales. For example, a software company might hire a sales and marketing consultant to help develop its market reach or customer acquisition strategy.
business-consultant
A business consultant brings expertise, experience and knowledge to help a company improve performance metrics or key performance indicators through the thorough analysis of existing business problems. The business consultants then develop plans for improvement alongside the management team. A business may consider engaging the hire the services of a business consultant for a number of reasons, for example, to get an external view on the business, to receive objective advice and recommendations, to tap into the business consultants expertise, or even as a temporary resource to help with aspects of the business where hiring a permanent employee is not needed.
A business should expect due to the business consultants relationships with numerous markets and industries, the consultant can transfer knowledge and insights that will be beneficial to the company’s growth or profitability. A consultant may also provide organisational change assistance to up-skill existing staff, coaching to staff, business strategy development, or improvement services in a department. A business consultant usually brings methodologies, templates and frameworks to uncover the identification of opportunities and then to act as the basis for recommendations for more effective or efficient ways of performing the business task.
To continue reading this article on business consultant services please visit the original article at Business Consultant – The Bitter Business

Monday, 16 February 2015

Business Mentor

To make a business mentoring partnership work, both parties relish in leaving the ego outside the door. They are there to chat, explore, discuss, educate and enjoy the time away to think. One big mistake many new or growing businesses make is to “cocoon” themselves where they forgot to reach out when things are not working.

To help find a business mentor, maybe the guide below might help.
  • What do you need mentoring on?  Decide what aspects of the business or skillset a business mentor can help with?  A retired CEO of a large company probably isn’t a good mentor for growth hacking a business on a small budget. So have an objective whether it is for sales, marketing, management, finance etc.
  • Listen and Learn. A business mentor will always seek to understand before being understood. So if a business mentors listens is the business willing to learn?. Business mentors are passionate about helping a businessperson or company who loves to learn and grow. It also means that a good business mentor understands that on-one in business takes every bit of advice blindly, so build the relationship by being honest and open if advice is not practicably.
  • Time – quality over quantity. Both sides need to invest quality time with focused sessions where the real business issues are aired and discussed in confidence. Ensure the time you need and the time the business mentor can give matches each other’s expectations.
  • Driving the discussion. The businessperson or owner drives the discussion and agenda, the business mentor is there to listen, respond and offer up feedback. Business mentoring is at its most effective when the entrepreneur sets the agenda and requests specific insights while also getting broader or deeper insights from the mentor.
  • Business mentor or business coach. The value of a business mentor is to tell it as it is not what a business might want to hear. A business coach or consultant is paid to focus on helping the business or person with specific actions or skills like selling, marketing, business development or presentation skills. Business mentoring is to advise on specific situations or business strategy issues. So sometimes a business needs a mentor, sometimes they need a business coach.
Do take the time to seek out a business mentor, someone who will genuinely care about the business and the person. A business mentor whose motivation is to see business success, business growth and the person flourish. A business mentor who brings passion, emotional involvement and real concern for the business are the keys to real business mentoring success.
Lastly, business mentoring is not a flippant decision for either the business person or mentor. The experience has to be a learning path for both sides. However, the fundamental reason for business mentoring is everyone needs a helping hand, no matter who the person or business. Business mentoring is about building relationships, they can’t clear all the obstacles a business or start-up faces, but a good mentor can certainly show a better route to get to where the person or business needs to get to.
Author Note:  If you would like to chat about business mentoring or have a business idea or plan, I am always interested in meeting. Feel free to contact me. Brian.


Business Mentoring – The Bitter Business