Advisors
Being in small business means you have to have a huge amount of knowledge in a variety of fields. You have to be;
- Marketing Manager
- Accounts Manager
- Taxation Advisor
- Insurance Consultant
- Financial Planner
- Banker
- Legal Advisor
- I.T. Consultant
- Technical Advisor
- Employment Agency and yes, more…..
You obviously could not afford to use specialists in all of the above fields as it would be to expensive, however you will need to find three essential contacts.
Accountant
An accountant that is their to look after your interests, not just for taxation but for business planning.
Solicitor
You will also need a Solicitor who understands your business needs. You will need them to draft up contracts, property leases, supplier agreements, partnership matters and the like.
Banker
As your business grows the closer the relationship you need to have with your Bank. You need a Bank that will understand your business trading patterns, your management ability, your Industry trends and is pro-active in taking an interest in you.
Successful business operators gather other business operators and people with Industry experience into ‘focus groups” or your "Your own board" to help drive and move the business forward.