You care about your business, and when it needs a bit of help, you want it to be in good hands! Whether you’re just starting up or planning your exit strategy, you need someone with expertise to advise you on financial, administrative, and leadership decisions. We want you to choose a business advisor/coach that will fit your needs and can help the company, so we’ve put together some tips to help you narrow down your options.
Someone with Experience
While someone may have impressive academic credentials, they may not have a lot of hands-on experience. The advisor needs to have experience in the areas in which they’re guiding you, especially when relying on them for assistance with finances. Do your research and check testimonials!
A Good Fit
You’re going to be spending a good amount of time with this person, so you need to be able to get along. Do they listen to your concerns? Do they have what you need? Are they fitting for this stage of your company’s growth? Some of these questions tie into their experience, but you also need to make sure that this is someone you want to work with.
Challenging You
A good business advisor will question and challenge you—if they agree with everything you say or do, change won’t happen. They need to be able to point out the weaknesses in your business in order for it to grow!
Having Time for You
Does this advisor have time for you? It’s hard to feel like a priority if someone is always taking other calls during meetings or if they don’t check in weekly. You need to communicate routinely with your advisor, so make sure that they’re all in.
Caring about Your Business
When someone genuinely cares about your business and how it’s doing, they’ll be much more likely to go above and beyond rather than doing the bare minimum. They should want to see you and your business thrive!
The advisor you choose should have a positive impact on your business. Our Fractional Executives focus on integrating proven processes and systems with our Growth Point Partnership System to improve all areas of your businesses. If you’ve been working IN your business and not ON your business, give us a call or fill out the assessment survey on our website!