How to Find Small Business Advisors?

Financial projections, taxation, company formation and when and how to invest in properties are a few of the issues that small business owners often face. Fast-growing firms and startups in New Zealand face even more challenges and that is where the role of business advisors in Auckland comes into play. Whether they are helping with company formation or managing the taxation, the small business advisors are expert individuals who help with important operational decisions and strategic business planning.
 

Here are a few tips for you to find small business advisors for your company. 

Look for a person who has experience in managing a small business

Small businesses are very much different from large corporations. Find someone who can understand the challenges of small business like budgeting and cash flow, capital funding, maintaining annual accounts, income distribution, taxation and others. Moreover, look for someone who had been able to achieve success with biggest business challenges. For example, if your main roadblock is preparing financial statements, target an advisor who is expert in preparing financial statements.
 

Choose a consultant with credentials 

It is not necessary to have a license or degree to be a business advisor and give suggestions to people on how to run and manage businesses. Anyone can set up a company and start giving advices to businesses. However, you should always look for someone having a business degree like Chartered Accountant, MBA and such others for your peace of mind. People having these degrees are sure to provide a much better advice then common people with no such business qualifications.
 

Go for a business advisor who focuses on your niche

A consultant who specializes in your industry will be able to understand your business better, speak your language and know the competitive umbrella that your company operates under.
 

Ask for referrals 

Ask your work associates, social networking members or your mentors whether they know someone who can help you with the business advisory services that you are in need of.