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Institute of Future MindsInstitute of Future Minds

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தகவல்
Consultancy for Small and Medium Size Businesses.
Financial Advice, Business Processes Advice, Documents Formats, Business Dashboard Consultancy for Small Businesses.

What Is A Business Growth Consultant And Why You Have To Contact Us?
A business growth consultant is an expert advisor who focuses on understanding a company’s objectives and desired goals, recognizing its key challenges and providing strategic advice that generate results and drive financial success.
At some point in their life cycle, most businesses will plateau, hitting certain barriers that slow down or stifle further growth.

These obstacles may be:

 * Inadequate management
 * Ineffective leadership
 * Lack of insights
 * Not taking the time to understand customer needs
 * Financing hurdles
 * Absence of ‘growth mindset‘
 * Ineffective business planning
 * Marketing mishaps
 * Failing to meet customer expectations
 * Rapid growth
 * And more


This is where a business consultant can make all the difference.
These experts help organizations improve performance and efficiency as well as leap ahead by recognizing opportunities for internal process improvement as well as growth potential through optimized or new streams of revenue.
Their solutions typically cover the following key phases:

 * Discovery and discussion
 * Long-term strategic planning
 * Training
 * Action plan implementation
 * Evaluation


What Business Consulting Services Do They Provide?
Depending on each organization’s unique needs and goals, these experts may provide a different range of business consulting services.
As such, their services may include defining the basics of a business strategy to restructuring the company to optimize performance, seal revenue leaks and improve profitability.

Here are some examples of the specific tasks they may undertake:

 * Run a business introspection workshop to define or redefine the pillars of your business including your unique value proposition, functional and emotional benefits, buyer personas, elevator pitches, SWOT analysis and more
 * Engage branding experts to define the mission, vision and brand values to align the company internally and on external communication channels for unified identity
 * Perform competition analysis to challenge their current tactics and recognize untapped opportunities
 * Inspect their current business models and conduct market research to discover new revenue streams
 * Assess organizational setup, including in-house vs. outsourced resources, hiring strategy, talent gaps or surplus
 * Consolidate recurring fees and expenditures to optimize spend and seal revenue leaks


Benefits Of Hiring A Business Growth Consultant

#1: Clear And Unbiased Perspective
It often happens that business owners are not able to impartially point out the real problems that affect their organizations.
The wish to preserve tradition, lack of experience or fear of change are some of the main culprits that drive small businesses and start-ups out of business.
Business growth consultants can help organizations overcome this challenge since they have the expertise and experience necessary to see the big picture.
In other words, they see your business as part of a broad ecosystem that includes the industry and your target market.
These experts serve as an external resource that has no emotional attachments to your business and they breathe confidence into making daring moves by bringing a proven track record of success to the table.

#2: Deep Insights And Relevant Experience
Business growth consultants typically spend years performing specialized roles in large companies where they held leadership positions.
Many business consultants are entrepreneurs themselves and boast a track record in building businesses from the ground up.
Others are serial investors capable of identifying businesses' potential.
In any of these cases, your business consultant should come in with a wealth of insights and experience for you to leverage.

#3: Cost Reduction And Time Saving In The Long Run
All that expertise and experience usually comes with hefty rates, no solid promise (the markets are unpredictable) and timeline estimates that may exceed the ones you hoped for.
However, acquiring this expertise can save you from many headaches down the road.
Firstly, business consultants justify their rates by making your business more profitable with a focus on sustained profitability.
And secondly, they identify structural and other process-related issues that may lead to fruitless investments and do-overs in the long-run.

#4: Access to Valuable Tools & Resources
From subscriptions to the latest market research to cutting-edge tools, business consultants typically come in equipped with all kinds of valuable resources.
We are talking about resources that cost from $200 per month like Similar Web for instance (a tool that helps you spy on your competitors' website data) to thousands of dollars in yearly subscription fees to in-depth market research papers.

#5: Customized And Results-Oriented Approach
There is no one-size-fits-all solution when it comes to business consulting services.
To help companies grow and achieve the desired results, business consultants take the time to learn about the struggles and needs and then they tailor their advice and strategic action plans based on the unique clients’ challenges and goals.
In addition, these experts also take a results-oriented approach helping companies set the right goals and milestones as well as KPIs for performance measurement and strategy updates.
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