Having an external business advisory service with experience and professionalism can make your company improve, grow and increase its competitiveness. We imagine that if you are a partner in a company, you will be bored listening to advice from people who think they can do it better than you.
Yes, but… why am I interested in external business consultancy?
Okay: in your company there are already someone (or people) who assume these functions. However, far from being an advantage, this implies charging the company with a fixed structure that does not usually have as good a specific training as that of an external business advisory service. See if it will be important to have this type of service, that the main companies in our country have external business advisory services (in many cases, with more than one) to lend them a hand…
The trend in this regard is for SMEs to end up following the example of the large ones. Partners and boards of directors would do well to look for an external business advisory service, which also (and this is a compelling reason to hire it) guarantees that your company will always act in accordance with the law. Because if the business is not going well and the administrator must answer in court, a critical point to “save your neck” is to be able to demonstrate that, when making decisions, you relied on reputable professionals.
Advantages of external business consulting
If you contract an external business advisory service, you convert a fixed cost (employees) into a variable expense (contract with the external advisor).
External professionals have a focus away from your company. Therefore, it is easier for them to contribute ideas that surely had not occurred to you, avoiding the “tunnel effect”. On the other hand, those who are dedicated to business consulting in Australia (and of course, in other Spanish cities) are really aware of the real size of the problems of the company they work for. For an entrepreneur, his company is almost like a daughter: it will always be the best, the prettiest and the most wonderful of all. And we all know that the real problems (eye, also the opportunities to progress) are much better seen from the outside… The sooner they are identified, the easier and cheaper it will be to solve them.
On the other hand, the reverse case is also very common. From the inside of the business the problems can seem much more important than seen from the outside. An external professional who takes charge of the business consultancy of a business will be able to correctly evaluate the situations, minimizing their importance if necessary. Do not hesitate: you are investing in your peace of mind.
Companies dedicated to external business consulting have highly qualified employees and also constantly train their employees, something very complicated if you hire someone internally. In fact, even when you make a “super signing”, if you don't constantly recycle your knowledge, it will become obsolete and you will not contribute anything to the company. Quite the contrary.
The pace and the ability to react are also added values, when considering hiring a business consulting company. Employees who take on these roles internally are often not able to identify problems (and potential improvements) at the same pace as a professional outside consultant. It is much easier to be aware of incidents, problems and opportunities to improve from the outside, especially if the professional who follows up has been working constantly (and for years) in the sector. Therefore, the pace of optimization of the company area is much faster and more intense if the area is managed by an external business consulting service.
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