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Posts tagged Business partnering
Red flags quiz - how do you know when it's time to get help?

Recently I've been out and about attending seminars, meeting businesses and talking with other professional advisers about trends in the market.

One of the overriding themes that has really struck me is the number of SME owners that have struggled to overcome their internal barriers to accessing help and progressing their business.

Issues range from the classic "I saw the signs, but I just didn't want them to be true" along to "I had no idea things were going wrong, it was just outside my expertise so how could I have known?"

It got me thinking that it really is incumbent on professional advisers to help SMEs spot the signs but that also every business is different, so owners need guidance and principles, not rules to live by...

So take our quick quiz below and see how healthy your red flags are!

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Toys ‘R’ Us and how NOT to manage your management consultant

Today established retail giant Toys ‘R’ Us filed for bankruptcy protection in the US.

So you can understand why every time I speak to a business owner that says, “we don’t need help” it breaks my heart just a little bit more (and it’s not because they’re not hiring me!)

I sincerely believe that businesses large and small are missing out on opportunity, and at worst potentially damaging their organisations by failing to identify risk. Personally, I think there are two issues (a) we don’t like to admit weakness/ask for help and (b) because of our relationship with management consultants and other professional advisers.

And I get it, management consultants are *the worst* - they’re just pushy, aren’t they?

Particularly if you're a smaller business management consultants can make you feel like the business equivalent of a hit-and-run victim. They come out of nowhere, hit you fast, tell you how to run your business, deposit an unintelligible report, and dump one heck of an invoice. You’re left injured, feeling dazed and confused.

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