Elite Expert Business Solutions offers solutions to the dilemma’s, challenges and business problems. Those services are provided through bookkeeping, payroll services, human resource services and consulting. There have been several potential clients that while they understand bookkeeping, payroll and maybe human resource services, find it difficult to accept or add the consulting to their package.
It can be better explained in this manner: “While good business ideas are plentiful, many entrepreneurs struggle to understand payroll taxes, health care and other thorny issues… In other words, they don’t have the financial literacy to scale their businesses and attract investors.” This quote spoken directly from Shark Tank Entrepreneur, Daymond John and Founder of FUBU, titled the Number 1 thing Entrepreneurs need.
Every entrepreneur begins doing his or her company by placing his or her talents to work! Their inspiration is there special gifts from planning events, to styling hair, selling clothing or baking desserts; and while the gifts will bring in the money, there are ‘thorny’ issues of business that will take it out if one isn’t careful or has guidance navigating through the business world of:
- Financial Institutions & banks, accounts
- Developing and Implementing a Business Plan
- Acquiring of Loans, Lines of Credit & the Like
- Working capital,
- Setting a salary as the owner
- Payroll
- Invoicing Procedures
- Terms and Credit
- Refund Policies
- Co-mingling of funds
Business consulting is often frowned upon because it sounds like someone telling the entrepreneur or business owner how to do a business that he or she began however, it’s not that. It’s more about trading confidential information in a personal setting that promotes the business owner success. From information, to instructions, opportunities, networking possibilities, answering of questions and working through difficult dilemmas! IF YOU HAVE NEVER ATTEMPTED TO BUILD ANYTHING, then you won’t understand how difficult it is even when you know how good you are at whatever you do! The daily tasks, the potential clients, the clients who attempt to take advantage, the rude clients, the naysayers, the family that just watches from the sideline, the friends that do not really support you; ALL WORK AGAINST one’s confidence daily.
Business consulting builds, encourages, and most importantly works to develop and implement systems that guard against the ‘thorny’ issues that work against the company.
Consulting/Coaching is a good thing especially when you have the right one!
