13 March 2018

Business advisor, 4 tips on how to choose the best for your SME

business advisor

Table of contents

A few years ago, only large companies had the figure of the business advisor, but that has changed. Nowadays even the smallest SME You need a good advisor to help you manage the impressive volume of information that a business generates and, of course, to advise you on how to make the best decisions.  

This is a fact: your sme needs good business advice, But how do you choose the right one for you? We are going to give you four tips Do you find this interesting? Then go ahead and read on!!

Tips for SMEs: how to choose a business advisor

These are the tips we recommend, without forgetting an important factor such as the online consultancy as the best ally for small and medium-sized enterprises.

Draw up your own list of needs

The first piece of advice we offer to help you choose a good business advisoris very simple: sit down, take a pen and paper, think for a while and make a list of concrete needs you need that business advisor to solve for you specialising in SMEs.

The reason for doing this reflection exercise is very simple: not all companies have the same needss. In other words, they do not all need a consultant who speaks five languages, is fluent in hundreds of computer programmes or has 30 years of experience behind him or her.

Perhaps your SME generates very little paperwork, has few employees or is in a simple sector of activity that does not need the expertise of a great expert advisor who, logically, will be able to help you, will be paid in line with his great curriculum vitae.

Find out about the general rates

When an SME needs to acquire a new computer or decides to sign up for a Ticket Restaurant card, The approximate cost of these products is provided in advance.

So why not do the same? calculation exercise before hiring a business consultant? It is not at all advisable to go online and choose the first advisor that Google shows you.

A business consultant is a essential part of our business and we should not make a decision without having a preliminary idea of the approximate cost of this type of services.

Personal interview with each professional

A business consultant is not just another external supplier, but a person on whom our SME can rely. places all its trust in. He is a professional who will be aware of our profit and loss account, of our internal problems of staff, of our debts...

Choosing a professional The key to your SME is to inspire confidence and you cannot do this if you do not have a personal interview in which you analyse their non-verbal language, their tone of voice, their gaze...

And yes, it is true that due to the pandemic you may not always have face-to-face meetings. But even if it is an online consultancy, it is always a good thing that the contracting is face-to-face. Afterwards, a video call will always be more efficient and effective than a simple phone call.

Remember that cheap is expensive

In this technological 21st century we have forgotten some apt sayings of popular wisdom. Sayings such as, for example, “cheap is expensive”. What exactly do we mean?

Many consultancies and business advisors try to attract small clients - SMEs and the self-employed - to their clients' businesses. drastically lowering its tariffs. Our advice: be wary of those who do so.

Be wary of that business advisor who offers you much lower rates to the rest of its competitors, perhaps what it is selling you is a consultancy that is so virtual (because it is fictitious, not because it is telematic) that it is practically non-existent.

Develop a list of requirements administrative and management, gather information above the average rate of a good professional, interview in person to pre-selected candidates and, finally, never forget that cheap is expensive are four sensible tips that will help you choosing the best business advisor for your sme

Edenred Spain

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