Call Now To Book A Free 30 Minute Assessment Of Your Needs (424) 287-4779
Call Now To Book A Free 30 Minute Assessment Of Your Needs (424) 287-4779
I firmly believe that every business should prioritize growth and implement a well-thought-out strategy from the very beginning – and that’s exactly what I believe an advisor is – a growth strategist. In the same way that you have investment advisors managing your financial growth, it’s important to work with an experienced consultant who can help you strategize and work towards achieving increased revenues, effective cost-cutting measures, and overall enhanced net profitability. So, how do you get started?
At Big Catch Consulting, our approach is similar to that of a seasoned attorney: We begin with a consultation. In this 30-minute intake session, we’ll have a discussion with you to understand your specific business needs. This way, we can find out where you might require assistance in a variety of areas, such as restructuring your corporate agreement, replacing a manager with a new hire, or adjusting your operations so you can open a second location. Whatever your business goals are, our aim is to tailor our services to meet your unique objectives.
As your business grows, you’re bound to run up against a myriad of challenges that can feel impossible to overcome in the moment. But by working with a consultant at Big Catch, you don’t have to face these obstacles alone. Instead, you get the perspective of a seasoned entrepreneur who has personally encountered and overcome most, if not all, of these challenges.
My own journey as an entrepreneur has required me to wear a variety of hats over the years. Today, I draw upon the valuable lessons learned from both the successes and setbacks to provide clients like you with invaluable insight and guidance no matter what issue is at hand.
For example, I recently received an email from a high-profile individual in Los Angeles – a significant player in their industry who is exploring the idea of purchasing land to construct their own facility instead of continuing to rent. It got me thinking: Even at this advanced stage of business development, having an advisor is essential. This enterprise has clearly been successful, but a well-crafted growth strategy is still crucial. Without one, you’re just throwing money at a problem without a plan.
Or, consider this, one client of mine recently reached out to us about a filing that was made several years ago concerning their liquor permit. They discovered that the county had made an error in the assessment years ago and was asking $7,000 for a retrofit. Unfortunately, this situation isn’t uncommon.
In a city as complex as Los Angeles, documents can easily be misplaced, leading to significant delays, so having a seasoned consultant who can guide you through the labyrinth and hold the relevant parties accountable can be a game-changer. (In this case, I was able to look up the original zoning report, email the client back, we were able to take care of it quickly, and everything turned out okay.)
Another crucial role that I fill as a business consultant comes into play during the planning and execution of a construction project – particularly when it comes to the general contracting involved in expanding or building a business. Of course, this phase can be quite frustrating, both in terms of costs and the time it takes to negotiate with various construction professionals. Additionally, dealing with unexpected delays and change orders caused by inspectors can force you to postpone critical dates, like your opening.
These are precisely the areas where business owners can benefit from partnering with a consultant. Having a knowledgeable guide to help you navigate these complexities or direct you to the right individuals who can expedite your permitting process is invaluable, ensuring that your business expansion or construction project stays on track (…and within budget.)
Working in this industry can seem a bit crazy, I’ll admit. On one hand, it’s undeniably one of the most exciting fields, but on the other, it’s riddled with its own brand of chaos.
Consider the current scenario in 2023: we’re in the midst of an inflationary bubble, with costs soaring. Eggs, of all things, have become unreasonably expensive, and people are unable to get their hands on simple products like chicken wings for months.
What’s more, supply chain snags have led to trucks idling on the side of the road because drivers have to adhere to mandatory rest periods, causing massive shipment delays. In fact, I worked with multiple clients this year who couldn’t kick-start their businesses because the products they’d ordered from Asia were stranded in containers at the Long Beach Shipyard.
These are real-life challenges that affect business owners. So while we can discuss strategies all day long, I firmly believe that the best plans allow you to pivot and find alternative solutions. If X, Y, and Z are not feasible, let’s explore options A, B, and C.
Of course, you can’t develop a realistically flexible strategy out of thin air. A truly effective plan emerges when we deeply understand your business, your operations, and your philosophy. These plans come from really doing the work, diving into the financials, and knowing both where you’re willing to adapt, and where you’re not. The goal? To figure out how you can achieve the best-case scenario for your business – no matter what challenges you might face along the way.
Similar to the distinction between in-house counsel and hiring an outside attorney, I believe having a consultant or coach on a long-term retainer can be incredibly beneficial for certain businesses.
A consultant who keeps in step with your business acts as a vigilant watchdog, staying attuned to the emerging trends, potential disruptions, and global events that can make an impact. This ongoing relationship allows them to proactively help you avoid potential challenges and seize opportunities as they arise – and keeping an advisor in this role allows them to foster a deep understanding of your business, so that you can get advice that is laser-focused to your needs.
That said, the arrangement you form with your advisor largely depends on your business’s specific circumstances and your preferences. At the end of the day, it’s all about finding the balance that works best for your business and aligns with your goals. And this is exactly why Big Catch offers tiered levels of service that allow businesses to choose the amount of support that aligns with their unique needs.
For some, a quarterly review might be all you need to stay on the right track with your financial and operational goals. Or you might benefit from more frequent engagement, such as a monthly consultation. And if you’re looking to go even more in-depth, you can opt for a weekly call and unlimited email access, offering you continuous support for each of your questions and concerns as they arise.
No matter the level of service you need, this tiered approach empowers entrepreneurs by meeting them right where they’re at. This way, you have the flexibility to choose the amount of guidance and support that matches your current needs so that you can achieve your goals. For more information on The Role Of A Business Consultant, an initial consultation is your next best step. Get the information and legal answers you are seeking by calling
(424) 287-4779 today.
Call Now To Book A Free 30 Minute Assessment Of Your Needs (424) 287-4779
