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  • Sam Tydeman

How a Business Consultant can Save Money for a Small Business

Running a small business is never the easiest, especially when you have just started out and are running it solo (or at the very least with a limited team).

Investopedia's May 2022 article that showed that as of March 2021 only 80% of startups survive after year one. This is where the idea of having someone on board who is a business expert and a mentor seems like a great idea. Someone like a business consultant.

When choosing to use business consulting for your small business, you will already know that there are many benefits to investing in this service. You may not realise that working with a business consultant can save your small business money. But how? I hear you ask. How can something that costs you money then save you money?

To help you understand more about this, we have put together three ways that working with a business consultant can save money for a small business and ways that you will want to know more about.

1 - They minimise mistakes

Whilst the nature of a startup is somewhat linked to trial and error, this approach isn’t always the best to take. Trial and error can lead to wasted energy, time, and money.

A business consultant won’t remove all the trial and error. Still, they will help reduce the guesswork that comes with big decisions and therefore reduce the chance of you making any significant mistakes and spending a fortune that you can ill afford to spend.

2 - They give you direction

It isn’t always easy to identify the best ways for your business to go when you are just starting out. You may have many wonderful ideas to catapult you forward and drive you toward your goals. This is great, but too many ideas can confuse and overwhelm you. It can also cost you a lot of money trying to implement them.

Having a business consultant means you can ask for their support in helping you focus on what you want to achieve with your business. They can point you in the right direction and then push you forward, which means that you will only be paying out for one approach rather than trying to do everything at once.

Colleagues sharing ideas

3 - They are unbiased

It is so important to have neutral feedback when it comes to making key business decisions. You will be so wrapped up in your plans and goals that it can be hard to see your business from an outside point of view. It is a much better idea to have someone on board who can look at things from an unbiased perspective, as they can help you make suitable business investments.

As you can see, there are plenty of positives to working with a business consultant when it comes to saving money.

So, why not give your small business the best chance of success and link up with an expert who can push you in the right direction?

Working with Bekah Marshall Consulting

Our business consultancy services provide a realistic assessment of your current business position, resources and how the business can be improved. When partnering with Bekah Marshall Consulting, we take the time to understand your business to deliver a clear, actionable strategy to increase revenue, improve business performance and build your customer base.

To find out more about how we can save money for your business, book a free 30 minute discover call today.


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