The benefits of using a business consultant

 
  Fall 2016
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 Whether or not to start a new business can be a tough decision to make on your own. Expanding an existing business also presents its own challenges: do you have the necessary resources, time, money and knowledge? What are the potential risks and the benefits? How long will it take before you can turn a profit?
The New Venture Specialists at Alberta Agriculture and Forestry can help you answer these questions. They offer customized business coaching and market research knowledge that can help you avoid the pitfalls of costly mistakes and move your ideas forward more quickly.

They also can link you to programs such as Growing Forward 2, that may help you access appropriate expertise and services to grow your business.

A good first step is to create a business plan that outlines the steps necessary for growth and lists the potential pitfalls associated with each step of the process.

This will help determine if your plan is a feasible one before you invest time and money in a venture that ultimately proves unsuccessful—remember that not investing in a bad business venture is a successful decision.

A business coach is another avenue that businesses should consider. Consulting an expert in a given area can reveal details about your business that would otherwise have gone unrecognized or created barriers to growth. A new pair of eyes can be invaluable to your success.

Visit www.growingforward.alberta.ca for more information or to register for new program announcement notifications or speak to a New Venture Specialist at 310-FARM (3276).

 
 
 
 
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For more information about the content of this document, contact Eileen Kotowich.
This information published to the web on September 23, 2016.