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Business Consulting-Small Service type business

Posted on 9/24/14 at 11:51 pm
Posted by nsudemon10
EBRP
Member since Dec 2010
572 posts
Posted on 9/24/14 at 11:51 pm
What type of channel would you recommend me going in order two do several things... Advice or wisdom on the current type business I have and also possible other lines of revenue for other services of I have ideas on. Someone preferably with experience starting a business from basically nothing to the business decision process of growing but taking the correct steps of growth without biting off more than they can chew. Ex: When to add an employee and what type? (office manager, field worker, etc.)I'm afraid of making a wrong decision on a hire or a business purchase on equipment. I don't want to get the cart before the horse. I'm on year two and I see many opportunities to make money in different angles that currently apply to current customers and/or contractors. I really don't want to give my ideas away and every situation in unique. Any Ideas? Hire a business consultant or like I mentioned above, finding an old timer that has experienced this first hand. I work 20 hour days sometimes between admin work, maintenance, scheduling, Tax record keeping, marketing, design, service, etc. I do it all right now. I'm coming to a point where I getting overwhelmed but I'm making a name for myself by hard work, great service and being very thorough. Only thing is finding someone you can trust to talk with...Thanks...
Posted by 756
Member since Sep 2004
14874 posts
Posted on 9/25/14 at 5:35 am to
We really need to understand what type of business this is

Your very best bet is to contact SCORE- an organization of professional volunteers-with the expertise you need.
SCORE
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37106 posts
Posted on 9/25/14 at 11:32 am to
A few thoughts:

1) Someone already mentioned SCORE, I would definetly look into working with one of their counselors, but I have found they tend to be more general business (which you probably also need) as opposed to specific issues in your industry.

2) Read the book "E-Myth". It talks a lot about making the move from technical work to being a business owner. Sounds like you are starting to run into issues with the whole "work on your business vs work in your business" thing.

3) Is there a professional association in your line of work that you can join? A lot of them have resources for starting businesses. You may also be able to network with a retired person, or, a person in a market that doesn't compete with yours, that you can bounce ideas off of.

4) On some of the things such as finance, marketing, can you outsource these?
Posted by Jabstep
Member since Jul 2014
2130 posts
Posted on 9/25/14 at 8:45 pm to
I'm not sure where you are located but many larger public accounting firms offer business consulting. I'd imagine you would need to go into the meeting looking for specific advice (as you stated above, can I hire this person, what is the NPV of purchasing a machine etc.) Many times, firms will offer a free initial consultation. Good luck!
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