How You Can Save Small Business as a Fractional Consultant
You can help change the game for businesses!
From Survival to Success: The Impact of Fractional Consulting
Did you know that 99.9% of businesses in the US are small businesses?
If you take a look at where people are buying goods and acquiring services, you would not initially believe this is the case, but it is. This is particularly evident in times of crisis or economic strain, as small businesses are hit the hardest, while giants like Amazon continue to thrive.
Is this a bad thing? No. We at Sobo don’t want huge companies to suffer… but we do want small businesses to be able to throw their hats into the ring and thrive.
You see, when small businesses succeed, everyone else does, as well. Customers have the ability to choose from a wide array of products and services. Employees can become experts and create innovative solutions within their industry. Consultants can help future industry leaders build their companies. The list can go on and on.
The problem is, with just under half of small businesses surviving beyond five years, it’s difficult for them to succeed when many are just focused on surviving.
How can small businesses get to the next level? Well, we could talk about the importance of vision, strategic planning, partnering with investors, and forming an unstoppable team… but we want to focus on one potent resource that can radically change the game.
If you’re a fractional consultant, you can be part of saving small businesses. You can help businesses scale their processes, navigate and adapt to unforeseen circumstances, and maximize their opportunities for growth. You’re a change-maker.
Fractional Consultants Multiply Resources
It goes without saying that many small businesses have few resources, so their growth is often limited by their time and finances. As a fractional consultant, you can provide immense value by providing small businesses with exactly what they need—whether that’s as a fractional C-Level role, strategic planning, project management, or something else. This way, small business owners aren’t wasting time or money on people who aren’t ultimately helping them, and you are able to focus on strategic and tactical action steps that grow their businesses.
Fractional Consultants Recognize Problems & Find Solutions
In any organization, the people within it can make or break the organization’s future. Sometimes, in the hustle of the day-to-day, bad habits, poor processes, or strained relational dynamics can take root in a company. As an “outsider,” you can recognize the pain points within an organization and provide beneficial solutions to eliminate current issues and avoid future problems.
Fractional Consultants Strategize Growth Opportunities
Small business owners aren’t always able to learn about the latest innovations across multiple sectors, but due to the nature of being a fractional consultant, you likely do. You have the opportunity to work with a variety of organizations and leaders, which allows you to constantly sharpen processes, techniques, and strategies. Through your expertise and experience, you can position small businesses to grow.
Saving Small Business
Fractional consultants offer a wealth of expertise, insight, and competence–much more than what we’ve covered in this brief article. Regacrdless, their impact on small businesses cannot be overlooked. For small businesses to survive and get to the next level, they need support and expertise from people who know what it takes to succeed.
At Sobo, we love business leaders and fractional consultants, and we believe when they come together, the result is an exponential reaction that results in growth, creativity, and impact on every level.