What is a Business Adviser?

A business adviser is a consultant who provides business owners with information that will help them to lead their businesses more effectively. The goal of working with a business adviser is to improve business profitability, whether it is by operating more efficiently, modifying existing business practices, changing the existing financing situation, entering new markets, or expanding a customer base.

Why a Business Adviser?

Small business owners generally hire advisers as a cost-effective way to bridge a gap in knowledge or skills within their companies or as a way to bring a fresh, objective, experienced and professional perspective to their companies.

When is a Business Adviser Appropriate?

Quite simply, there are very few times when a business adviser is not appropriate! Few if any businesses operate in such a manner that there is no room for improvement. While many business owners seek the advice of a trusted professional before deciding to even start a new company, more often than not an adviser is called upon when a company is experiencing a problem or when it is going through change. This change can take a multitude of forms but in most cases the event either has or will lead to a situation whereby a business owner would value a trusted adviser that can lead them to the optimal final outcome for their company.

The following are three of the most common reasons why business owners have turned to Leading Change Business Advisers, Inc. for assistance:

Business Optimization

Often, a company may have grown quite nicely and be operating at a nice profit, but the business owner realizes that there are a number of things that they could be doing more efficiently. With a vast assortment of improvement opportunities, a business owner may be driven to inaction by the sheer size of the task or an inability to develop an order of priority for what needs to be completed. Bringing a fresh outside perspective, an adviser can evaluate an organization as a whole to determine the most critical issues and give not only an order of priority but also a plan for how to strategically achieve the results desired by a business owner.

To Uncover the Source of a Problem

In many cases, a business may be exhibiting problematic symptoms, such as a decrease in profitability, cash-flow issues, employee issues, falling sales, unhappy customers or unhappy vendors. Frequently the cause of an issue is rather apparent but in many cases a business owner may be unable to identify the precise cause of a problem. In this case, a professional adviser may come into a company, observe the symptoms first hand, diagnose the root cause of the problem and together with the business owner, develop a plan to eliminate the issue while taking the steps needed to minimize the chance of the same problem reoccurring in the future.

Solution Creation

Frequently, a business owner may have a goal that they have struggled to achieve internally either because of a skills gap or simply because it is not currently within their company’s core competencies. An experienced adviser can assist an owner in the creation of a strategic action plan for achieving the desired final outcome or solution while potentially saving the business both time and money.

How we can help?

Through a broad array of business expertise gleaned from decades of experience, the principles of Leading Change Business Advisers, Inc. will provide you with the guidance needed to achieve your business goals. By providing you with information related to change management, legal matters, financing, business operations and new business development, our experts will assist you to both deal with the immediate issue at hand and ensure that you are structurally sound and ready to move into the future.

The following is a list of several of our most frequently desired services:

General Advisery Services

The process of consulting with a business client regarding a current business issue that they are facing, and giving advice and guidance related to that issue.

Operational Analysis

The study of operational systems with the aim of identifying opportunities for improvement.

New Business Startups

Guiding an entrepreneur through the tasks necessary to get a new organization up and running while being recognized as a legitimate business organization by both state and federal governments.

Market Survey and Competitive Analysis

Analyzing the local or regional marketplace to determine the demographic and competitive makeup that presently exists. This exercise is often performed when trying to determine whether or not a sufficient market will exist for the products or services to be offered by a proposed new business.

Business Plan and Financing Proposal Creation

The process of working hand-in-hand with a business owner to develop a customized business plan or financing proposal, that addresses the specific needs or goals of the subject company.

Significant Transaction Representation

Leading a business owner through the steps associated with buying, selling or transferring the ownership of a business.

Risk Management

The identification, assessment, and prioritization of risks, followed by a coordinated application of resources, to minimize and control the probability or impact of unexpected events.

Finance Sourcing

Assisting a business owner in securing the appropriate mix of financing for his or her business operation.