When do I need a consultant?
When do I need a consultant?
A business is a lifetime dream that will come true one day. If you can imagine it, you will be able to do it. Perseverance and smart work will always pay back. It may look difficult in the beginning, but it is just a matter of time to understand how it works.
Businesses need consultants to fill in the knowledge gaps, saving business owners or decision makers time, money and stress.
You need a consultant when you do not have answers to some of the most important questions related to your business: what, how, when, where, who, and most importantly, why?
What is business consulting?
Business consulting solves problems of small companies or simple business models, and often incorporates business mentoring and coaching, the planning part of the business, the strategy, and can help you fix business startup or operational related issues.
What is management consulting?
Existing companies, especially small to medium ones are experiencing a specific level of complexity and consequently brings along various challenges. Management consulting is ‘the science’ handling aspects related to this complexity.
So, you may need a consultant when:
You want to start a business that you cannot describe in one sentence. A business means a multitude of things and often looks extremely complicated. To simplify the way you look at it, you first need to make sense of this complexity. Only after making sense of the whole picture, you will be able to translate it in simple terms. A business consultant is a professional that uses their expertise to help you bridge the gap from “I have an idea” to “and this is how my idea will monetize”. This is the business model.
You know what you want to sell but you are not sure who will buy it. It feels normal to focus on your product, but most importantly to see all things from a customer’s perspective. Does your product or service bring value to someone? To whom? Is there someone else selling the same product? How do they do it? Who is your target audience? What problems do they have? How is your product going to solve their problems?
You must make an important business decision related to a complex problem. When we plan things, we relate to the future. The future is made of things we know and things we don’t know. Part of the things we don’t know, we tend to predict. If the prediction of the unknown is based on a mix of knowns and unknowns, then the decision will be incorrect.
In the decisions that we make about complex situations, we do not entirely make sense of the cause-and-effect relationship; we are just aware of the outcome. In simple terms, we know where we want to go but may be unaware how to get there. No one wants to make a wrong decision, but we feel the same when deciding, regardless of whether the decision proves to be good or bad.
The role of the consultant is to help you every time you meet a challenge or an opportunity, or when you are unsure how to approach it. If you want to know if your decision is correct, reach us for advice. It will help either to learn how to diagnose your decision-making process or to get a measured and data-driven answer.