FREQUENTLY ASKED QUESTIONS
Q. How do I know it is time to refresh my strategic plan and brand?
A. It is prudent to re-evaluate and make changes to your existing strategies on a regular basis. It is essential to refresh your strategic plan and perhaps even your brand if you have noticed:
- Your sales are not increasing
- You see significant changes in your market
- You have stopped attracting new clients
- You are bored with your business approach
A strategic plan is also a primary element in successfully launching a new product, a new location or a new division.
Q. Why should I hire an outside consultant for business development planning?
A. Whether you are starting a new business or you are abusiness that has been operating for some time, using an outside consultant is a solid solution to maximizing the performance of your company and your team. The benefits are substantial:
- You will gain a new perspective and clarity on the situation
- It is more economical than hiring someone full-time
- You can choose someone with the specialized skills that will most benefit your organization
- Will enable you to make better use of your resources within your organization
- They will be honest and objective when discussing potential changes that will expand your business opportunities
Q. Funding is always a challenge for an organization the size of mine and I have not budgeted for this. How dO I justify this expense?
A. In addition to contributing to developing or expanding business, a business consultant will assist you in developing best practices and improving performance. Some of the financial results that will be achieved are:
- Decrease in budgeted expenditures
- Increase in sales
- Identification of new funding opportunities
- Grant opportunities for enterprises and non-profit organizations