Small Businesses are the backbone of any economy. In USA, there are 30.2 Million small businesses operating currently. That number becomes even more significant when combined with the fact that these small businesses make up for 99.9 percent of all the businesses in USA. However, the other side of the coin witnesses small businesses struggling for growth, scaling, managing processes, and even shutting-down due to untimely pivoting in the market. This is where Small Business Consulting comes into play.
Small Business Consulting ServicesSmall Businesses sport certain features that they have over larger enterprises. Features such as their agility, ability to tweak the processes, and scale faster give them an edge over corporates. Though, small businesses require collaboration with Small Business Consultants to breakthrough these goals.
Why Small Businesses Require Consulting Services?Operating any business is tough. There are multiple facets involved. From Marketing to Human Resources, from Product/Service innovation to Regulations, small businesses often cannot enjoy the luxury of large budgets. To stay afloat, they have to burn the funds wisely, reinvest the profits wisely, and create a productive work-culture within the organization. On a limited budget, it seems impossible. However, an expert Small Business Consultant can change the picture. Take a look at the below pointers;
- 33% of the small businesses in the US say that operating capital and funds are a challenge for them.
- Only 50% of the businesses survive more than 5-years, 1 in 12 small businesses close every year.
- Startups and new small businesses usually lack the know-how for survival & growth in the market despite adequate funds.
Benefits of Hiring a Small Business Consultant
If you are a small business in US, a Small Business Consulting can benefit you with;
Talent Acquisition & Staffing
From core specialists to Management Executives, the right talent can fall short in your team if adequate measures are not taken. Small business consulting services provide expert talent management and executive sourcing right when it is required.
Agile Process Management
As the businesses scale, they cannot always replicate the processes that worked in the early stages. For example, scaling a retail business into multiple stores at different locations. Small Business Consultants step in with the right skillset to enable desired outcomes.
Scaling & Expansion
Don’t know what the right path is to scale your business? Every industry requires a different approach. And so, our small business consultants who possess years of growing small businesses can help you scale and expand operations in the market.
Be it automation, AI-enabled Marketing, Digital Marketing, integration of a high-performance CRM or a new technology for employee training, small business consultants handle it all with due diligence and utmost efficiency!Small Business Consulting Service like ours can tailor the services as per the needs of your small business, any industry, any market!
Why PMG Consulting?
Portfolio Management Group specializes in providing Small Business Consulting to enterprises across all the verticals. We have flawlessly delivered tailor-made consulting solutions small businesses in need of stability, growth and optimization. Our satisfied clients stand for our diligence and professionalism that is driven by results and long-term relationship.Unleash the potential of your small business with right consulting service. Call us now!