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Feb 19

E134: Professional Service Providers

“Get the right professional service providers to help propel your business to the next level.”

Do you have the right professional supporting your business?

 

What:

Having the professional service providers involved in our business that can help us get to where we want to be. This involves all outside services we hire like accountants, lawyers, insurance agents, marketing firms, IT firms, associations, anything that we get involved with to support our business should be able to support our business at the next level.

Why:

We want to surround our business with the professionals that fit the current stage of our business and are capable of taking us to the next level.

How/Info:

  1. Level of Expertise
    1. Just like the medical profession has specialist so do most other industries
    2. As your business progresses the more specialized service you need
    3. Recognize the stage of your business, where you want to go and what you need
  2. What’s Next
    1. Find the providers that can support your climb
    2. Educate yourself first – get an understanding so you can make an educated decision
    3. Know what you need and expect from your professionals and seek them out
  3. How to Prepare
    1. You want to get a basic understanding of the issues and concerns of firms that are already at the next level that you want to reach
    2. Educate yourself with resources available online and through associations, ask your colleagues and coaches
    3. Get the basic understanding so you can ask questions of potential service providers

If we are only as good as the people we surround ourselves with don’t you want to make sure the people around your business are supporting your growth?

Take-Action Items:

  1. Review where your business is now and where you want to go

  2. Check that your service providers have the right expertise

  3. Get new ones as needed – prepare and hire strategically

 

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