5 Key Reasons Why A Startup Needs A Business Consultant

1
5 Key Reasons Why A Startup Needs A Business
Consultant
2
 A startup consultant 

• These are the top 5 reasons why a startup needs a
  business consultant

3
Unbiased Feedback

• Most startups work with the existing talent,
  experience knowledge, and expertise of the
  business ignore the changes happening outside.
  This is why receiving honest and unbiased
  feedback can be immensely beneficial to startups
  and here is where a startup consultants role
  becomes imperative. Startup consultants can
  provide a much-needed external outlook to the
  practices and core model of the startup. The
  startup will get feedback not only about the
  concept behind your business but about the
  details of execution, organization and other
  critical matters.

4
Management Advice

• Right from initial idea and vision through the
  next phases and steps of the startup business,
  the blueprint of your business is just excelling
  sheets, word documents and PowerPoint
  presentations on your consultants computer. The
  expertise and advice of startup consultants can
  be applied to many different areas of your
  business, and they offer many different
  consulting services. Most people running startups
  are relatively young, who have MBAs out of top
  B-schools and have decided to follow their own
  passion, rather than working for someone else.
  The people in charge of running these businesses
  can thus be expected to be lacking the requisite
  managerial experience or knowledge to steer the
  venture in the correct director, because of
  obvious handicaps, like young age and little or
  no experience. A startup consultant can provide
  management advice based on their experience in
  management, finance, strategy, marketing, and
  development, to a young relatively inexperienced
  CEO who is just learning to steer his business
  through the business executive word. The client
  is given insight and gains clarity through
  working with an experienced professional who has
  been through the process multiple times.

5
Creating a Road Map

• Strategic planning is one of the key services
  provided by startup consultants. Startup
  consultants help clients through analysis,
  statistics, and strategy. Strategizing is the key
  for any business, but its especially crucial for
  startups. Clients partner with experienced
  consultants to plan critical steps for their
  startup business. Most startups dont have a
  concrete roadmap or even objectives to begin
  things, hence this remains one of the major
  hurdles for a startup starting out. A startup
  consultant will put in place a strategic plan and
  create a roadmap for your business.

6
Expertise

• A startup consultant brings in the requisite
  knowledge and expertise for a business which may
  be beyond the current expertise of the existing
  skill of the business. A startup consultant is
  considered an expert in his field of
  specialization and has plenty of training, and
  knowledge about the latest tactics and techniques
  for moving a business forward. Business growth
  comprises a number of tasks and processes
  generally aiming at developing and implementing
  growth opportunities within and between
  organizations, and only a professional startup
  consultant can help you with that.

7
Market Research

• Your startup consultant will meticulously
  research the market and the segment in which you
  plan to grow your business in. Market research is
  considered one of the significant tools of
  strategic business decisions. Market Research
  information includes but is not limited to data
  on your customers' needs, your competitors'
  abilities and trends within the industry.
  Professional startup consultants are known for
  their continuous analysis of the market trends
  and dynamics which means that they are alert to
  changes and developments in different market
  sectors and they will advise you of any suitable
  chances that they come across.

8

• While there are many consultancy services on the
  scene today, small scale or medium level
  businesses usually work fine with small-scale
  consultancy firms or business consultants. SMEs
  or Startups mostly cannot afford these top
  consultants in India. There are a lot of other
  sites like Saurav Agarwal who provide affordable
  consultants for startups. There are a lot of
  Business consultants in India who have similar
  level of experience but doesn't get the required
  amount of exposure.

9
THANK YOU