When you’re deep in the day-to-day running of your business it can be hard to see things with fresh eyes.
An advisor can provide an experienced, unbiased perspective to help you understand and plan to get to where you want your business to go.
Advisors can help you:
Julia makes premium relishes that she sells at local markets, to supermarkets and from her online store. After checking her monthly results, Julia finds she’s not meeting her profit targets set out in her business plan.
One option is to increase her marketing budget, but being relatively new to business, Julia goes to a business advisor to explore how to get her business back on track.
Together they identify that slow sales are not to blame – it’s because margins on her products are too low. Spending more on marketing will simply mean losing more money.
So they work together to find a price tag that won’t put off customers but will make the profit Julia needs.
To make sure you get the most out of your meeting, it’s good to think about:
Avoid these common pitfalls: