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How a trusted sounding board can set you up for success

24 August 2017 / By RightWay

Are you a small business owner wearing every hat in the business?

If so, we’re picking there are times when you don't have the guidance, support or information you need to implement an idea or strategy?  

You’re not alone.

New Zealanders pride themselves on being resourceful, innovative and good at using their initiative. These are all great character traits that have played a huge part in shaping our country. After all, we are a country of small business owners.

But building a business isn’t a sprint.  It isn’t even a marathon. It should be a steady jog, with plenty of breaks along the way to review your progress.

So, stepping back from your business could be the best thing you do. 

The best way to do this is to get the advice and recommendations of an independent advisor. 

By having someone who acts as a “sounding board”, you can look at your business’ overarching goals and not get bogged down in the detail.

It’s only then that you can actually look at whether what you’re doing is taking you towards your goals and fitting within your financial budgets.

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So how do you find an expert that can focus on the future direction of your business and the steps you need to take to make sure everything is on track for success?

Nowadays, with massive advances in accounting technology (like Xero), all your day-to-day number-crunching can be done by computers. 

Therefore, accountants are now branching out and becoming the trusted advisors of small and medium business owners. 

Your accountant should be the trusted “sounding board” for you and your business – looking at the future and helping to map your long term success.

If that’s not the case, it’s easier than you might think to make the move. 

 

Are you ready to change to a new breed of business advisor?

Having a great business advisor that you trust means you can get all the insights, advice and business tactics you need to guide your business.

Best of all, an advisor can help you put in place a plan to take off some of your hats and free up time to focus on your long-term business success.

To learn more about getting advice from a third party “sounding board”, download our eBook...

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