Whether it's a group of colleagues, a mentor, or a business consultant that you are paying; I feel it's an excellent idea to round up some seasoned professionals that can offer you advice for your business' needs. Whether you do it informally or set up actual board meetings with a team of advisors; there are various ways to go about getting guidance.

What's an "advisory team"?: "An advisory team is considered a group of industry executives and professionals that is appointed by a company for the purpose of offering advice and support on a wide range of issues that are relevant to the organization."

Source: www.boardseat.com.
The benefits of building this team are to:
- Provide connections
- Share their expertise in a specific area (finance, marketing, accounting, etc.)
- Raise your status and prestige (by being affiliated with them)
- Offer valuable business advice
Start researching by asking around and networking. Getting referrals from friends, family, and colleagues helps you know if these consultants can really deliver what they promise. You'll know for sure, since they've already been tested out.
Tilt your Columbo hat to the side and start playing detective. Here are some other things you should try to find out.:

Provided by Simone Kelly, CEO – Got to Have It Marketing. To read the entire article visit: [HERE]