From large corporations to national non-profits, most companies have a board of directors, trustees, and close advisers, making decisions about the company’s future, addressing crucial situations, and providing a think tank of ideas.
While you may not be Donald Trump (yet), who do you turn to for advice? The answer could be the key to success for your small business.
Think of the people you trust most for their business expertise. This could be a family member, an industry associate, or someone from past work experiences. They don’t have to live nearby (think virtual meetings), but they do have to be accessible, dependable, and impartial.
After they agree to advise you, set regular meetings and have an agenda with what you plan to accomplish. Future goals, crisis management, or sales boosts could all be viable discussion points. Be considerate of their time, as time is a valuable commodity for everyone.
And once you’ve chosen your close business advisers, don’t rest on your laurels. Always be on the lookout for someone with great ideas, smart business sense, and an exceptional financial background.
Another place small business owners can turn to for advice is Biz2Credit. Discover what we can do for you at www.biz2credit.com or call us at (800) 200-5678.