how to choose a small business advisor for your business
TRANSCRIPT
How to Choose a Small Business Advisor for Your Business
Content Introduction
Qualification
Experience
Fees
Conclusion
Introduction Every business requires business
advisor help to run a business in the right direction.
Finding a perfect business advisor is not always the easiest thing to do.
Once you found the business advisor, they can improve the performance of your company by eliminating the issues.
Qualification A small business advisor should complete
a degree in business and finance field.
They should be registered and licensed from financial industry regulatory authority (FINRA).
Should have good knowledge in Key performance indicators (KPI) and cloud based tools.
Experience Small business advisor should have skills to
handle and resolve any critical situation in your business.
More importantly, they should have hands on experience in helping businesses to grow.
Should have perfect track records of improved performance of last worked business.
Fees At present, the business advisors salary is
very expensive, some financial companies charge a flat fee based on time or asset value.
Select an advisor who is compensated with commissions.
The trustworthiness of a financial advisor is an absolute and non negotiable element in a financial advisory relationship.
Conclusion Before going to find a business
advisor, you will have clear idea about current state of your business.
When hire a small business advisor check they have all the above qualities.