Surround yourself with Experts to make your business thrive
As a small business owner, you need to do and know a lot. But, you can’t know everything! There are some professionals every business owner should be in regular touch with. Their expertise and knowledge will guide, protect and elevate your business!
The best advice we give to every business owner is to surround themselves with professional and industry experts!
Yes, professional experts do cost money. However, it will be money well spend and even for a smaller fee you can get great value and keep your business on track.
Have you ever heard: “You don’t know what you don’t know”?
When starting a business or managing a small business, compliance with different categories of laws, financial knowledge and compliance with industry standards is expected and mandatory.
Even with years of industry experience and some basic financial knowledge - most business owners never had training in business management or accounting or legal matters.
In simple terms: 20 years work experience do not equally translate to a full set of business management skills.
For a lot of small business owners this leads very quickly to overwhelm, stress and possibly panic.
What are possible solutions?
Start working with professionals, e.g. accountant or lawyers
Start seeking advice from HR professionals, financial advisers, etc.
Engage someone with business management experience e.g. Perfectly Organised NT : )
Start learning!
Something most business owners try to ignore is personal development - learning the basics of running a business.
Why are the following professionals important for your small business:
Accountant:
Finding a good accountant who has serious interest in your business can be hard. A lot of small business owners get discouraged by accountants who see them only as a number. A good accountant takes care of financial reporting, BAS, Income taxes and considers personal & business specific circumstances when preparing various reports.
Lawyer:
Most people simply hope that they never have to work with a lawyer. However, lawyers should be an integral part of your professional business team, not just in times of need. They can easily assist with terms & conditions, contracts, trade marks, privacy law, workplace law and dispute resolution.
HR Professional:
Human Resource Professionals plan, develop, implement and evaluate staff recruitment, assist in resolving disputes and have exceptional knowledge of industry and Australian employment standards and laws.
Financial Adviser:
A good financial adviser works with you, understands your business needs and can create a plan for future financial goals. There should be a cross-over with the business accountant to ensure all parties are on the same page.
Industry Experts:
Industry Experts bring unique and original ideas to the table. They can provide sound advice that has been tried and tested. Their experience, expert opinions and reliable information open new doors and help connecting with other businesses in the industry.
When you put your business into our hands, you get a business and systems that work for you. We strategically plan how to run the backend of your business, automate tasks and set business specific KPIs.
There are many ways of working with professionals. Start small, but keep it regularly and don’t wait until something happens. Strategic planning and periodic reviews are a great start to implement those strategies.
Perfectly Organised NT can assist with a financial review and strategic business planning & management. Find out more!
Perfectly Organised NT - helping small business owners in Australia manage their business.