Search this Site

Search Term Submit Search

Browse Topics

• COSE Education Programs
  • Member Education Series
  • SBC 2008
  • SBC 2009
  • SBC 2010
• COSE Business Networks
  • COSE Arts Network
  • COSE Home Business Network
  • NEOSA- The COSE Technology Network
• Finance
  • Access to Capital
  • Business Financial Planning
  • Financing Solutions
  • Investment Management
  • Receivables Management
  • Tracking Business Finances
  • Wealth Planning
• Human Resources
  • Conflict Resolution
  • Creating a Positive Culture
  • Diversity Awareness and Education
  • Employee Development
  • Leadership Skills in Employees
  • Recruitment and Safe Hiring Practices
  • Termination of Employees
  • Workers' Compensation
• Legal
  • Bankruptcy and Creditor's Rights
  • Building and Maintaining Your Legal Infrastructure
  • Intellectual Property
  • Liabilities Within the WorkForce
• Marketing
  • Branding
  • Customer Retention
  • E-Marketing Tips and Trends
  • Lead Generation
  • Marketing 101
  • Marketing Plans
  • Public Relations
  • Search Engine Marketing
  • Social Media
• Personal and Professional Development
  • Goals: Setting and Achievement
  • Personal Evolution
  • Professional Advancement
• Sales & Networking
  • Customer Service
  • Networking Strategies
  • Prospecting
  • Relationship Selling Strategies
  • SME Cleveland
• Small Business Advocacy
  • COSE Advocacy Information
  • Health Care Reform
• Small Business Tools
  • A Checklist of Tools for Business
  • Business Insurance
  • Buying and Selling a Business
  • Crisis Communications
  • Growth Strategies
  • Investing in a Franchise
  • Owning a Franchise
  • Peer Advisory Groups
  • Strategic Planning and Execution
  • Succession Planning
• Sustainability
  • Energy
  • Greening Your Business
  • Waste Reduction, Recycling and Composting
• Technology
  • Business Software and Applications
  • Business Technology
  • Developing and Implementing a Website
  • Disasters: Prepare & Recover
  • Document Management Software
  • Innovation in Technology
  • SEO
  • Telecommunications
• Wellness in the Workplace
  • Healthy Lifestyles

• Mindspring
• Topics
• Small Business Tools
• Growth Strategies
• 6 Reasons Why Successful Companies Use Outside Business Advisers

6 Reasons Why Successful Companies Use Outside Business Advisers

written on May 10, 2011 by Dennis Sommer

Have you ever wondered why successful companies use outside business advisers, consultants and coaches?

Successfully building a profitable business, year after year, has been compared to balancing an egg on your head, while standing barefoot on sharp knives. It’s not easy to do and a wrong decision can be a disaster.

Regardless of whether a business is privately held, family run or managed by investors, business owners need a truly independent third-party adviser who can coach and guide them through the appropriate decisions they need to make in all business areas to exceed their personal and professional goals.

Often, business owners rely on their own circle of influence for professional guidance using employees, investors, business associates, family and friends to help them strategically decide and tactically implement business objectives. However, this circle of influence approach for business guidance frequently creates decisions that impede business improvement and growth.

For the best business improvement results, business owners need an outsiders perspective to help them make tough decisions and integrate all business functions (strategy, sales, marketing, finance, human resources and operations) into one seamless business success model.

Having worked with hundreds of successful companies, we have identified six reasons why successful companies use outside business advisers to help them reach and exceed their business goals.

6 Reasons why successful companies use outside business advisers:

Reason 1 – Outside business advisers are not emotionally attached to your business like you and your staff are.

Reason 2 – Outside business advisers are not financially attached to your business decisions like your family, employees and investors are.

Reason 3 – Outside business advisers bring industry best practices based on a broad range of experience and thought leadership.

Reason 4 – Outside business advisers provide senior management a high return on investment compared to internal staff.

Reason 5 – Outside business advisers help you find the gaps in your business model even when your company is growing because money and success can hide mistakes.

Reason 6 – Outside business advisers help companies keep focused on the big picture and action steps required to exceed corporate goals without being distracted by day to day operations and issues.

Successful world class companies and athletes use outside business advisers.  Why don’t you ?

I look forward to hearing from you.

Think Big and Take Action !
Dennis Sommer

 

Dennis Sommer is the CEO of Executive Business Advisers .  Dennis is a highly sought after sales, marketing and business growth expert.  His specialty is helping CEO’s and executive teams improve their business performance and growth.

If improving business performance and growth is a priority of yours this year, call our office today for a free consultation:  800-627-6512

© Copyrighted by Dennis Sommer - CEO, Executive Business Advisers.  All rights reserved.