There comes a point in every business when the owner realises they need advice and wonders, “Should I hire business consultants?”And, our usual answer would be, “It depends.” It depends on the nature of the business, the nature of the help you are seeking. However we can give you 5 good general reasons to use Business Consultants.
Reasons to use Business Consultants
1. Fresh Perspective
For many business owners it is often hard to look objectively at their business. Often being tied up with the day-to-day running of a business it is hard to recognise where things are not going well, so it often makes sense to bring in somebody from the out side that can help to find the problems. A consultant will bring a fresh pair of eyes to the situation and can help find solutions which may have remained elusive previously.
Two unfortunate issues effecting the modern business environment are that many businesses are very risk adverse and making changes that could be deemed as risky are often passed over for perceived ‘safer’ but not necessarily the best solutions. There are also times in business when perhaps unpalatable changes have to be made for example restructuring. By using consultants for these challenging tasks, you are often removing the emotion and personal involvement and they may also be able to provide you with the necessary back up to implement solutions with higher but manageable risk.
3. Additional Skills
One of the more obvious benefits of using consultants, is the immediate access to a much broader skill set than is available within your organisation. It is costly to train staff in wide ranges of skills, that may only be required for short periods of time i.e. the life span of a project. Consultants can plug these skill gaps without long term costly investment.
4. Best practice across industries and functions
Consultants will generally have many clients on their books. Using a specialist consultant like a specialist professional service agency for example will generally mean the consultant will have multiple clients within the same sector. This bank of experience built-up in like-for-like companies, will ensure the consultant will have a deeper understanding of your business issues. They may also have tried and tested solutions ready to implement within your company. Similarly they may have clients from a range of different industries but with similar business problems, by tapping into this different set of experiences, transferable new business solutions can be applied, which may not yet have been fully embraced by your market sector.
Similar to additional skills, Consultants can also extend your available resources at a fraction of the cost of investing in-house. There is the skill element, but also the additional physical manpower associated with using consultants. Staff may be required for short or medium term projects and also consultants are ideal for plugging the gaps between loosing and recruiting permanent staff. A non-personal element would be that agencies may also have access to specialist analytical and management software which are costly to the single company but consultants can spread the cost through their use with multiple organisations.
Call us on 01903 530787 or email us to talk about how Consortium Business Solutions can help you