Why Business Consultant

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Why Business Consultant ?
By
Business Breakthroughs International
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Starting a small business can be challenging
business planning and entrepreneurship is
concerned. The simple reason being
entrepreneurship often involves launching new
ideas that are untested, and traditional business
plans rely upon tested ideas and metrics. Often,
an entrepreneur or his/her team would spend
significant time creating a business plan based
upon inadequate data simply because no one has
tried before, what they are trying to do.
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Without a business plan consultant guiding the
launch or growth phase of a new business,
entrepreneurs often get lost with their staff
spending time in preparing plans, creating
presentations, and throwing weight around to
obtain approvals and become the hero, which
effectively results in little concrete planning.
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It is only human for founders of a company or
senior managers to try to prove their ideas, in
spite of the fact that others know they will
fail. It is something that real business
entrepreneurs do, because they are entrepreneurs,
and therein remains the reason why the business
plan consultant and the consistent use of
metrics that determine ROI are needed to keep the
entrepreneurs energy and innovativeness in
balance.
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Also at this phase of a new business launch on
untested horizons, premature emotional buy-ins
can quickly morph into cognitive biases where
flaws in the business plan may become difficult
to admit and recognize, if they are in line with
such biases. Many times, the business plan
consultant is the only person unbiased enough to
indicate that a new idea may not be wholly
viable, or requires thorough tweaking to be
pragmatic.
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There is also another organizational problem that
often occurs during the initial phases of a
launch. Growing organizations depend heavily on a
regimented structure of leaders and followers to
ensure quick execution of tasks and
projects. However, the same regimented mindset
can lead to costly mistakes and conflicts when
relying on an early business plan as the only
guide. Early business plans need to be skeletal
in structure to be most flexible, and need to be
periodically checked by a business plan
consultant, who keeps evolving the business plan
as more and more data and information become
available. An experienced business plan
consultant defers complex business planning and
concrete financial projections until he has
sufficient data necessary to make proper ROI
computations.
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Hes never going to fudge assumptions to
promote biases, but business owners would,
because they are human. Without a business
consultant guiding the launch or growth phase of
a new business, entrepreneurs often get lost.
Business consultant knows where is the solution
and how it can be solved according to him/her
strategic planning
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