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  • Writer's pictureMiranda Boyden

Avoid These 5 Mistakes When Hiring a Consultant

Are you making any of these common mistakes when hiring a strategic consultant? If so, you could be wasting your time and money. Read on to learn more.

"A good consultant is like a good pair of shoes. You don't know how much you need them until you have them." - Unknown

 

Hiring a strategic consultant can be a great way for small businesses to grow and succeed. In fact, a study by the American Management Association found that businesses that use consultants experience a 22% increase in revenue and a 16% increase in profitability. However, there are a few common mistakes that small businesses make when hiring a consultant.


Here are five of the most common mistakes:


Not doing their research.

Before you hire a consultant, it's important to do your research and make sure that you're choosing someone who is qualified and experienced. You should also make sure that the consultant has a good understanding of your industry and your business goals.


Note: Strategy sits on top of operations, though industry-based consultants can give you a quick insight into what is going on in your industry, strategic consultants can still provide strategy with your operational insight and their own research.


Not setting clear expectations.

It's also important to set clear expectations with your consultant before they start working with you. This includes things like the scope of work, the timeline, and the deliverables. It's also important to be clear about your budget and what you're willing to spend.


Not being involved in the process.

It's important to be involved in the consulting process from start to finish. This doesn't mean that you have to do everything yourself, but you should be available to answer questions and provide feedback. The consultant is there to help you, but they can't do it without your input.


Not following through.

Once the consultant has completed their work, it's important to follow through on their recommendations. This means implementing their suggestions and making the necessary changes to your business. If you don't follow through, you're wasting your money and you're not going to get the results you want.


Not being patient.

Change takes time. Don't expect to see results overnight. It takes time to implement new strategies and see the benefits. Be patient and trust the process.


By avoiding these common mistakes, you can increase your chances of success when hiring a strategic consultant. There are plenty of resources out there to help you find the right consultant for you.

 

HOBOSX is a strategic consulting firm that believes in simplicity, authenticity, and respect. We understand that small businesses are unique, and we tailor our services to meet the specific needs of each client. If you are a small business owner who is looking for a strategic consultant, we encourage you to contact us today.


We would be happy to discuss your needs and how we can help you achieve your goals.



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