Finding, hiring, and developing a relationship with a good business advisor can be tricky work. We want to make sure we're entrusting ourselves and our business to the right person or team.
That's why we've put together a list of important questions to ask your potential business advisor before getting in too deep. These questions are a great starting place to finding out if the potential hiree will be a good fit for your business.
1. Are you collaborative?
In asking this question, we discover if the business consultant will explain choices they make and include us in any potential decision-making. As a business owner, we may want the option of being more, and sometimes less, involved in certain decisions. We may feel comfortable allowing the consultant to do what they do best and sitting back OR we may want to have the consultant to provide reasoning behind the actions before we undertake any projects.
2. Do you know the industry?
Certain industries may need more or less specialty, especially depending on why you're bringing in a consultant. Business advisors come in all packages- some dedicated to working in very specific industries and some that are multi-talented and have the ability to adapt to a variety of industries. But don't forget, sometimes getting a fresh perspective can also bring new life into your business!
3. What is your work process?
How the advisor works is key to understanding if y'all would work well together. Do they work in a whirlwind of to-dos or do they keep you abreast of the items they are working through? Do they take weeks to get a project done? Or are they quick and efficient about getting tasks done? Some business owners might not care how it gets done, just that it gets done, but that's up to you!
4. What is the biggest challenge a small business like mine might face in the coming year?