Building Your Business Team

We are approached by many entrepreneurs and business owners that are a “one man gang” or a “lone wolf” in operating and running a business on their own with little or no support from other managers in their company, let alone employees or consultants. Some succeed, but most fail. Startup and small businesses alike can judiciously engage part-time employees or consultants, sometimes with a combination of salary and commission or, as in the case of business consultants such as our company, a combination of paid fees and “success fees,” something we do often when we believe in a client. This structure fosters a team approach and, as many sports-related sayings suggest, the best team wins.

Ironically, while most business owners understand the need for a team approach, in hiring business plan consultants they often opt instead for a lone wolf. A key question should be asked: can a single individual be knowledgeable about 100’s of types of businesses, great at forecasts and great at market analysis? The answer is a HUGE maybe. Should you base your decision for a critically needed business plan for your success on a maybe or consider our approach that will have no less than three professionals with varied backgrounds completing your plan based on their talents and experience? All this sounds expensive, yet that is rarely the case based on our prior experience with so many types of businesses and our ability to cut to the chase.

So ask yourself in all business decisions: What’s best, a lone wolf or a team approach? For any questions on ways to build your team, please feel free to contact tim@thebusinessplanconsultants.com.

Eye of the Tiger

Too many entrepreneurs have a great business model that doesn’t succeed for one primary reason: the lack of an aggressive and proactive approach to achieving their goal, namely the “Eye of the Tiger."

There are always excuses like the state of the economy or simply fear of failure, but as the old saying goes, there is no time like the present. I believe this could never be truer as our country begins to rebound from the recession in various segments based on the entrepreneurial spirit demonstrated by the hard work of small business owners.

Developing a business plan is far more than reducing ideas and concepts to paper. It also requires creative thinking within a team approach that allows missing pieces to be addressed, thereby lessening the risks and building on the positives. Starting with a free consultation to assess and address issues proactively through completion of a business plan in a give and take process until it is final and often assisting in the funding process thereafter, we are there to add to your team.

Feel free to call (732)233-4625 or E-mail at tim@thebusinessplanconsultants.com to discuss the goals for your business.