5 Online Professionals Your Business Should be Working with Right Now
The average business owner will try to wear as many hats as they can, but they often make the mistake of trying to do everything themselves. It is often better to focus on your core competencies and hire professionals to do what they do best. This allows you to spend time on what you specialize in while improving the profitability of your business. The question is: when should you bring in outside help? Here are the five online professionals your business should be working with right now.
A Certified Public Accountant
Did you know that there are accountants that work solely online? Online CPAs are just like any Certified Public Accountant and have to pass rigorous state licensing exams. They can also provide far more assistance to you than a general bookkeeper.
For example, they can both handle your tax filings and represent you during an audit. They’re allowed to advise on everything from how to minimize your tax bill to planning for your retirement. A CPA can also give you regular reports on your cash-flow and business valuation. These reports could come in handy when you decide to apply for a business loan.
An Insurance Agent
We also suggest you look online for a good insurance agent. Insurance agents don’t just sell insurance. They can provide advice on selecting insurance policies that provide every type of coverage you need. They should be able to help you find competitive rates for property, worker’s compensation, and product liability insurance. They may be able to help you select health insurance plans for your employees, as well.
A Business Mentor
A good business mentor can give you advice on marketing, recruiting, and sales. You may have to meet with a variety of mentors to find one that is willing to work with you. Note that you can find them and work with them completely online if you want to. You first have to make sure that they’ll be readily accessible and that you have compatible personalities. You also have to make sure that they have pertinent experience for your niche.
Note that you can bring in business consultants for specific issues as well, or work with an agency. For example, consider hiring a professional sales closer if you’re getting a lot of leads but failing to close very many deals. They can boost your conversion rates, especially when you’re trying to convert social media ads into appointment bookings or online purchases.
An online sales agency can help you set up a sales funnel that funnels qualified prospects to your landing page. They can give you data-driven marketing plans to maximize your ad spending, as well.
A Trusted Bank
A trusted banker can assist you when you’re setting up business checking accounts and payment processing. They can do everything from helping you set up lines of credit to securing a business loan. You’re also more likely to be approved for a loan when you’re working with a financial institution that is already familiar with your business’ track record.
Business owners might be pulled in many directions, but you should bring in the pros when you’re dealing with issues where you don’t have the right expertise. Don’t be afraid to hire experts when you’re dealing with legal, financial, marketing, insurance, and business matters.