If you are planning on elevating your business in 2020 it may be the perfect time to invest in guided business advisory and support from specialised professionals.
In this piece, we unpack what is a business adviser, what they can do for you and why you should consider investing in one.
What is a business adviser?
A business adviser can provide business owners and senior-level management with information and ideas about how they can run their businesses more effectively.
They can provide you with an objective analysis, fresh ideas, guidance and education which can be helpful to all businesses regardless of how long they’ve been around.
What can they do for me?
Business advisory services should be tailored and specific to your needs.
At Acuiti, we passionately believe that education and empowerment should be at the forefront of our offering. Our vision is paramount to how we approach business advisory whether it be about the establishment of a new business, setting the foundations or ongoing advice over the business lifecycle, we want our clients to learn from our experience, to replicate our processes and to benefit from our knowledge now and into the future.
While every advisor’s service offerings will vary, generally, you can receive advice and support around the following areas While every advisor’s service offerings will vary, an accomplished business advisor is well equipped to provide support and advice across the following areas:
- Business advice (including management advice, financial advice, business forecasting and restructuring advice)
- Business acquisition & disposal analysis and advice
- Asset acquisition and funding advice
- Financial and performance reporting
- General & specific business advice
Business advice can also be delivered in a one-off capacity or on an ongoing basis.
Why should I consider investing in one?
One of the biggest mistakes a business can make is trying to manage everything internally.
Very few of us are experts across all areas of business which is why it’s important to delegate and outsource wherever and whenever possible. You should spend your time developing the business areas within your skill sets that focus on generating and increasing your profitability.
Business advisers have years of experience and have often developed a specialised knowledge, meaning they are often in the best position to be able to guide and support you and your business to prosper.
If you would like to learn how Acuiti may be able to provide advisory services to you and your business, please get in touch.