Assembling Business Support Team
Building a network of people who can give you advice is like having a “virtual team” to back you up.
Building a network using current contacts - If your new business is in the industry in which you were previously employed, you probably already know key players and customers whose opinions you respect. Talk to them, and then ask whether you can call periodically to get their reactions to your progress.
Building a network from scratch - If you are entering a sector that’s new to you, try to talk to people who can provide you with market intelligence, contacts and ongoing feedback, including: People in similar businesses and Potential clients. Join industry associations, and attend conferences and events, that provide networking opportunities.
Professional advisers - Getting advice from professionals early in your business start-up process can help you avoid common pitfalls and get up and running that much faster. It doesn’t have to be expensive; a small business adviser will give advice for free, and first consultations are often free for other professionals as well.
If you don’t have a banker, lawyer, accountant or management consultant, ask friends and business colleagues for referrals. Look for the right “fit” with the professionals you speak with to ensure they are knowledgeable about your industry and small business.
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