|
Print Friendly
Email to Friend
|
|
Find The Right Advisor
|
|
Article 1: Ground Rules
Every time you shop for an
advisor, many of the same ground rules apply.
Following the rules gives you the best chance of
finding advisors that are a good fit for your
company. So whether you need a tax pro, an
attorney or a banker, use these guidelines.
Get recommendations.
Ask business associates, friends, your chamber
of commerce and your other advisors who they've
used and who they recommend. Use the Yellow
Pages as a last resort.
Check credentials.
Don't blindly believe in the credentials
presented by a potential advisor. Check them out
with local, regional and state organizations.
Run their names through the Better Business
Bureau. Make sure any accreditations are up to
date. Verify memberships in professional
organizations.
Never pay for an initial
consultation. Professional advisors
understand that a brief initial meeting is like
a first date. Both of you should share
information and get to know the other's
background. Both of you should get a feel for
the other's personality and work style. If an
advisor wants you to pay for a first-time
meeting, go elsewhere.
Get references. At
that initial consultation, ask for references.
Experienced professionals have clients on hand
who are willing to vouch for their advisor. Try
to get names of business owners who operate
companies similar to yours. If an advisor
refuses to give you names for references, move
on to the next candidate.
Discuss fees first.
Don’t be shy. Ask how and when you will be
billed. Get specifics about the costs of phone
calls, e-mails, even particular projects you
anticipate in the future. Don’t leave that
initial meeting until you understand the fee
structure. If an advisor is vague about fees,
pass her by.
Look for rapport. When
shopping for an advisor, you’re not looking for
the cheapest fees or biggest firm or snazziest
office. You’re looking for someone you can
trust, someone who will put the best interests
of your business first, someone you can relate
to. If your initial meeting with an advisor just
doesn’t feel right, then it’s probably best to
keep searching.
|
|
|
|
|
|
|
|
|
|
|