The 4 P’s of Growth & Prosperity – Partners

Note:  Recently, StaffScapes had the pleasure of presenting at a local Chamber of Commerce luncheon. During this speech, we focused on points to help the small business owner grow and prosper in 2012.  We have taken this speech and created a series of blogs we will post based on each of the 4 P’s we feel are critical to your business.

So far, we have discussed the People, Profit and Protection within your company and the key methods for business success.  In this fourth and last part of the series, we are going to discuss partnering with the right advisors.  If you missed either of the first two posts, please visit our StaffScapes blog.

The Partner Component
As a business owner, you have several strengths that enabled you to start your business.  Focusing on what you do best will allow you to manage your business.  But there are so many tasks involved that it is impossible to do it all.  This is where partnering with the right advisors will help you take your business to the next level.

To begin, we recommend that you review the areas that you excel at and the areas that you could use some expert assistance.  Where do you spend your time?  Identify where you make money and where you don’t.  The areas that do not bring you revenue should be where you start in considering who you can outsource to.

When considering your partners, you should find those that you know, like & trust.  Do your homework to make sure they are trusted advisors who have the expertise you need and some familiarity with your industry. Ask for references and check locally first.  Places like your Chamber of Commerce, business associates, local philanthropic organizations or service groups can also be sources for referrals.

Securing outside assistance is a move that can benefit your business in many ways.  We recommend that you look at outsourcing in areas such as human resources, marketing, printing, financial planning, accounting, legal assistance and business advising.  Whether one time advice or long-term assistance, speaking with knowledgeable advisors can help you make the right strategic decisions.

We hope this four part series has been informative.  To learn more about how StaffScapes can help you grow your business, call us at 303-466-7864 or email us at info@StaffScapes.com.

At StaffScapes, we specialize in helping the small business owner understand the business of employment.  StaffScapes can help you be confident in your human resources practices. By helping you to stay compliant and assisting you with key business decisions surrounding employment, we will help you grow and prosper. After all, you got in to business to do what you love and not all the paperwork and daily legal requirements.