small business consultants Archives

Small Business Coach Vs Consultant

Everyone needs guidance and help in their personal and professional lives. Whether it is to improve relationships or to expand business, help can be essential. Responsible coaches are can be important to correct problems, and implement methods to improve matters. If it is about something personal, family friends can be consulted. However, when it is about business, a more reliable and experienced source is required to ensure positive results.

When problems crop up, businesses can resort to assistance given by two entities: a coach, or a consultant. Let us look at how the two function before moving on to how they differ from each other.

Small Business Coach

Small business coaching entails bringing about positive change in the working of an organization and the workers as a whole. It helps to determine goals that meet the best potential of the organization. Coaches devise plans to achieve these goals within a certain period. The main responsibility of the coach is to help ailing businesses regain their viability.

Without focusing on speed, coaches concentrate more on following an effective plan of action to improve the quality of business. Sharing a bond of trust, both the business owner and the coach, work as a team to attract more clients and retain better employees by boosting marketing efforts.

The main objective of the business coach is to promote continuous growth through personal development. People usually confuse coaching with psychotherapy, because the behavioral theories applied by both are common. However, business coaching is more business oriented and goal focused.

Coaching can be done over a period of time on contract basis. This depends on the goals, and the expected time required attaining them. After a plan is devised, the coach can even interact with individuals on the phone to keep track of the progress, instead of having to visit the company.

Small Business Consultant

The role of a consultant is to advise and work with the individual or company as a team. Consultants use their expertise in formulating marketing strategies and time management techniques. Devised after considerable analysis and discussion, this helps in achieving the required goal in a stipulated time. Consultants also create a definitive Internet marketing plan to create a strong base on the net to spread awareness wider.

Like coaches, consultants can also advise on the phone or via the net, depending on what action needs to be taken, and the time required. Since they have wide experience of working with many companies, they can easily find solutions to problems that arise in any business.

Difference between Small Business Coaching and Small Business Consulting

Coaches and Consultants seem to have the same kind of job, but there are certain factors that differentiate the two. For example, if it were about riding a bike, the business coach would explain the necessity of riding a bike, and why an individual is unable to.

On the other hand, a business consultant would demonstrate the distinctive and superior features of the bike, and explain how he or she can be good at riding it. Sometimes, they do this by riding the bike for you.

Whether it is an independent proprietor, or business owner with employees, both have to juggle with challenges, while managing to keep a check on the problems and find solutions to keep their businesses profitable.

The relationship of the individual with the coach or consultant is based on trust, respect and understanding. Confidentiality being important, they honor the confidence of the client by not disclosing any private information to others. Lastly, to decide whether they need the services of a coach or a consultant, the businessperson needs to short list his or her requirements and their work values, and choose whichever is suitable.

Kris Koonar
http://www.articlesbase.com/management-articles/small-business-coach-vs-consultant-70150.html

Consulting Business Opportunity

Introducing “CFO IN THE BOX

The CFO In The Box licensing opportunity is a business-to-business services model, which means:

Incorporate into an existing business or start one from scratch

  • Low startup cost
  • Use the CFO In The Box brand, your own brand, or both
  • Business built on relationships, not location
  • Freedom to brand & operate your business as desired
  • Draw on your existing expertise and supplement with CFO In The Box
  • No royalty fees

A typical end-user client are professionals consultants who wants to increase their revenue, growth for their business, create new revenue opportunities, or start a consulting business. The CFO In The Box’s materials focus on creating values for business-to-business, revenue growth, sales & marketing, but many of the principles can be applied to consumer marketing as well.

Certified licensees can be for:

  • CPA firms
  • Bookkeeper & Tax practitioner
  • Business consultants
  • CEO coaches
  • Aspiring entrepreneurs who are looking for a new business opportunity  

What you receive

The CFO In The Box is a process –”Fact Base Strategy” with CFO prospective– that helps you deliver financial and tactical strategies to financial results comparing favorably with other businesses in my industry, making the best use of the financial resources (cash, assets, loans, etc.), provide business financially fit and Efficient, small improvements that yield significant results, more profitable and improve cash flow, and to avoid insolvency.

If you’re new to the field, the CFO In The Box Software helps you learn as you go. And if you’re an expert in a particular area, it helps you expand your expertise so you can offer a wider range of services.

You receive:

  • Access to CFO In The Box Software, patent-pending system, the Strategic Marketing Process and its guided best practices.
  • Guidance on using the system to build your own business
  • Ongoing training & support to improve your sales & marketing expertise & results.
  • A brand name that you can use in marketing your business.
  • Marketing materials that you can use to market your business and communicate with customers:
  • Articles & newsletters that support your services offering
  • The Strategic Marketing Process Guidebook
  • The Strategic Marketing Process Map to show your methodology & approach
  • Sales literature that you can customize

khris thetsy
http://www.articlesbase.com/business-opportunities-articles/consulting-business-opportunity-690331.html

Franchise your Business

Franchising can be a very effective method for Business Owners to very quickly grow their businesses with minimal investment required in new premises, equipment and people. Franchisees fund this expansion for them.

One of the biggest problems for a business in expanding is finding the right employees to take the business forward. The beauty of franchising is that you get highly committed, capable and motivated individuals who put their own money up to buy a franchise and work in it full time. They are 100% focused on making it work and follow the business systems and processes to ensure their success. This also guarantees good quality control and service for customers and clients.

The possibilities for franchising are endless too. Hundreds of different industries use franchising to get their goods and services to the market place. As long as a business has a good profit margin in its products and services and can teach franchisees to replicate their business system then it can be franchised. It is also recommended that you utilise the services of Franchise Consultants who are paid mainly on results which means they are only successful if you are.

There are six main income streams that can occur from franchising a business. Depending on the products and services that the business offers it will benefit from some or all of these income streams. These include the upfront franchise fee, a monthly management fee, a percentage of turnover fee, the supply of products and services for franchisees to sell, buying power discounts, and an increased sales volume of backend products and services.

The key factor which determines the success of a franchise is the Franchise Model. The objective of the model is to maximise the income for both the business and the franchisee. The success of the franchisees will ultimately determine how many franchises the business can sell and at what price it can sell them at. The right Franchise Model will always ensure that the franchisees have the opportunity and the systems to be very successful.

As long as the Franchise Model is robust and implemented effectively the business has the potential to significantly increase turnover, profits and comapny value. Franchising is a strategy worth at least considering for most Business Owners and a number of Franchise Consultants will offer you a Free Evaluation Service which won’t cost you a penny.

Mark Harris
http://www.articlesbase.com/business-articles/franchise-your-business-82370.html

Most of the specialist recruitment consultants of UK are based in London, who holds expertise in not only recruitment services but also in employment law and business advice. Recruitment consultants of London are qualified and have experienced in their field to offer their best to their clients. London is one of the most developed UK city and the recruitment consultants have grown largely over a period of time due to the opening up of new branches of various companies that have generated lot of recruitment options. Due to many leading corporate houses coming up in London, there are many job opportunities available that are to be carefully filled for the growth of the company.   

The major sources through which recruitment consultants search for the right talents are through internet and newspapers. These recruitment consultants are quite proficient in handling recruitment for any organization and they also hold expertise in training, consulting and market research etc. The service of these consultants is offered to both the companies who are seeking right talent to offer jobs and to candidates who are in search of good job. Recruitment consultants are beneficial for both the companies and the job seekers. They help companies to get best of the employees and to the candidates their dream jobs. Finding the right recruitment consultants will help one to easily get a perfect job thus saving time, stress and money. These consultants offer tailor made solutions that are best for both of them. Getting right candidate for a specific job is very essential as the growth of a company entirely depend on its employees.

If the employees are knowledgeable, experience and confidant then there is no stopping on the way of the company success. London recruitment consultants are able to offer advice and guidance across the broadest spectrum of jobs using our expertise and knowledge of the market. For the business organizations, they provide the building blocks as hiring new members of staff is a significant investment, and everyone wants to be sure that they have made the best decision. Seeking service from the best recruitment consultants of London will assure the organizations that they are associated with the consultants who understand their requirements, culture and vision and can provide with the best possible candidates. London recruitment consultants with their extensive knowledge and experience in recruitment across distinct sector operate to find real roles with real opportunity for the candidates. For the organization, they aim to source high caliber people who are genuinely excited about working for them.

Article Manager

Small Business and Technology

Traditional business management has had to make room for a new facet of business: technology. Through the years traditional business management has had to marry its strategies with the proliferation of technology where every business owner from Starbuck’s to Jim’s Auto has had to incorporate technology into its everyday operations.

The problem is that in the late nineties business believed technology was going to be the solution for every business problem, but it wasn’t until recently that business managers realized that technology will fail if not implemented properly. That is, traditional business management must seamlessly marry itself with technology.

Traditional business management is pretty self-explanatory; it’s managing business through traditional methods that have been used for many years. Traditional business management takes into account all aspects of running a business, large or small. Whether it is a million-dollar company or a billion-dollar company, all companies run the same. Those traditional methods incorporate three aspects of business: sales and marketing strategies, efficient operation and production methods, and manageable finances (SG&A). I believe all businesses should pay attention to these areas of business management.

So, now you have this traditional business model to think of, and you also have to think that the model has incorporated technology. You see, managing a business is not as easy as it sounds, and I know you have never looked at your business in this way before.

Believe it or not, graduate schools teach this stuff and larger companies obviously have the money to pay someone to think of this stuff. But most businesses do make the mistake in believing technology will solve all of their business problems. This is simply not true; technology cannot solve every business problem.

Many large corporations install and implement technology as quickly and arbitrarily as they would a new desk or a new lamp, not taking into consideration the stress new technology places on both business processes and human nature. Humans inherently do not like change, especially at the work place where they might feel as they might lose their job or were not consulted in helping determine which technology is best for their task or function.

Business processes do not like change either as the processes a business must go through to operate are much more complex than people might think. Most technology consultants want to “go live” with their implementation as soon as they can so they can share the praise of a successful launch. What most technology consultants don’t realize is that their eagerness to “sell” the job puts a business in a precarious operational bind.

It only makes sense to understand that as technology can be customized and most business processes cannot, basic technology implementations will hurt a business’ process as opposed to helping.

Some of the technology solutions out there can be very complex and some can be very simple. For example, I recently helped a client realize that developing a method of capturing labor time per phase of each of their projects allowed them to better understand and account for costs associated to labor and materials, per project. This allowed their sales team better cost data related to profit margins required per project. Initially the client was looking to spend money on purchasing one of those electronic card readers that each of his employees would have to swipe as they moved from station to station. We were able to solve his process issue at half the cost of that electronic clock by simply creating a custom process document from Microsoft Excel. The fact that the clock was not customizable would require the business processes to change just to accommodate the clock.

In this case we are trying to convey the importance of understanding your business and its processes before you move into technology. It is less expensive and less burdensome on your business processes. What we accomplished in the case above was that we were able to ‘tweak’ the business processes at will, where had we purchased the clock, we would have been forced to comply with what the clock required, not the business.

In the late nineties the hype of technology and the Internet fueled the belief that plugging technology into your business or developing your business around technology was the best way to run a business. A great example was WebVan and HomeGrocer.

These companies spent over a hundred-million venture capital dollars building the infrastructure that was going to give them the warehouse space to buy food products to fill all the customer orders that were to come via the Internet.

The mistake was that the company put all of its money into the assumption that its idea would work because the American grocery shopper was ready to buy groceries online via state-of-the-art technology. The orders never came.

Actually, the orders did come; the problem was that both companies were in so much debt because they couldn’t generate interests in their business model and they went out of business.

Today, the traditional grocery chains such as Albertson’s and Vons in the western U.S. have capitalized on earlier business models and realized their traditional way of doing business could was a great foundation to build their technology around their current processes.

I had the privilege of touring the WebVan warehouse in Oakland, California. It was impressive. If I remember correctly, it was an 80,000 square foot building equipped with a technologically advanced conveyer belt system worth millions of dollars. It looked like the inside of a United Parcel Service (UPS) warehouse, but much more expensive. For those who have never seen the inside of a UPS warehouse, it is just a bunch of conveyer belts.

Interestingly, about 50 people were milling around the WebVan warehouse; their main task was making sure the computers were pulling the right products and putting them on the conveyer belts. Great operation, but they ran out of money after just a little over a year.
So, what failed here, technology or money? Lack of money failed at WebVan, and lack of money fails almost every business that goes out of business. Lack of money fails business due to lack of business knowledge.

Business owners, make sure that you understand technology and that it can be customized and should be customized to meet your business process requirements. You can see the most successful implementation of technology in companies such as Wal-Mart and Toyota and we can see failures in technology such as WebVan.

We make sure we know how our business operates and what those operations require when making your businesses more efficient and effective. We look at understanding what your business requires before we recommend technology.
In the long run, you’ll spend less and profit more.

Luis Luarca
http://www.articlesbase.com/science-articles/small-business-and-technology-98941.html

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