Driven To Growth: A Business Advisor Can Change Your Business And Your Life

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 26, 2011 -- SANTA ANA CALIFORNIA, Dec. 22nd, 2011 – Fordham & Associates divulges that the single most important reason why companies use business advisors (70%) is access to specific skills not available internally.

Our research shows that people want to access specialist skills they need for a specified period of time. A business advisory firm has those skills. There are economies of knowledge because the client gets the benefit of using an advisor who has worked for different businesses in different places in varied industries.

Another reason to use a business advisor is because they can speed up the process of change. Often the requirement is for a burst of effort to get something done by someone that does not have other obligations or a day job to attend to. A business advisor can be brought in, set clear deliverables and aggressive timelines and provide the catalyst or momentum to get things done.

Andrew Carnegie’s life is a rags to riches story which resulted in Andrew becoming, at one time, the richest man in the world. An interesting anecdote is the epitaph on his gravestone. It reads: “Here lies a man who knew who how to enlist the services of better men than himself.” It didn’t say, “I became the richest man in the world because I can do everything myself.” Nor did it say “Save costs and do it yourself.”

By running your small business and being an entrepreneur you did this to have more freedom over your personal and financial life. However, many business owners take the philosophy of freedom too far and adopt the attitude of “I’ll do it all myself!” Not only can’t you do it all, it’s often a bad move financially. Business owners should focus their attention on what they do best and what actions generate the most ROI. So why should you hire a business advisor to bring value to your business?

Here are 12 benefits that an advisor can provide when you decide to grow, turnaround, or change your business and you life:

1. To bring in immediate and temporary expertise that will drive your business forward.

2. To help with high level specialized work as a trusted, hands-on advisor to get things done
now.
3. To obtain expertise that you don’t have and to deliver quality that you might otherwise not
be able to afford to hire.

4. To provide confidentiality or to inject an objective voice of deep and varied experience.
5. To bring in the “outside expert” with a clear viewpoint.
6. To see the situation through fresh, objective eyes, without the filters and preconceived
Notions that internal people may have.
7. To gain focus, organization and discipline to tackle critical aspects of your business.
8. To enable the business owner to gain expertise in a process such as strategic planning, hiring
a sales team, fund raising or sale of a company.
9. To achieve the efficiency and affordability of having an expert for a specified period of time.

Most companies have needs that require specialized skills, but which are not sufficient in
scope to justify a full-time employee.
10. To get the job done right. A business advisor, guided by expertise and experience, is more
likely to get the job done right the first time.
11. To model and offer learning – something that a staff person may not be able to do as freely
just because of perceived power issues, lack of knowledge, hierarchical constraints, etc.
12. To ask the right questions, be frank with yourself and have high level strategic discussions
on critical issues facing your business.

For a start-up business, or for an established business, begin today to build relationships with other professionals who can handle the parts of your business that you don’t have the time, experience, or knowledge for. Employees play a critical part in these relationships but advisors and vendors also need to be part of your team. Quick fixes do not address the underlying issues that prevent a business from succeeding and growing. They usually end up being more costly than hiring an outside advisor with specific expertise who can tackle your business problem and provide cost efficient, doable solutions.

The cost of hiring a professional is an investment in your business. You want to build a professional team to grow your business to the next level.

Choose a trusted advisor to guide you through important decisions and to provide the direction you need to achieve your personal and business goals.

Remember, a business advisor can bring ideas to their clients based on their area of expertise, share insights, new trends, provide creative solutions and implement the needed solutions.

About Fordham & Associates, Inc.

Fordham & Associates is a business advisory and consulting firm that helps companies, entrepreneurs and investors. Companies monopolize their market, execute what’s next, raise capital, go public, and execute turnaround. Fordham has provided solutions to 1200 companies in the United States. Fordham provides you with an assessment, free of charge. For more information, you can reach them at 949-200-7648 or e-mail at Fordhamassociates@yahoo.com

Contact: Simon Green, 949-200-7648
Fordhamassociates@yahoo.com

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