Add to your list of people with whom to network accountants, lawyers, and business consultants. Each of these professionals will offer unbiased, valuable advice. However, too often people make the mistake of relying on one professional. Keep in mind that your accountant, for example, will give you advice to improve your accounting statements, a lawyer will want to protect your assets, and a business consultant may be more interested in helping to grow your business. Not only should you use these key professionals, you should make a point to continually educate yourself to ensure you fully comprehend the advice being offered. Ultimately, it is the responsibility of the entrepreneur to use the advice of the professionals to make more informed decisions. It’s your business, and you bear the responsibilities.
If you can’t afford to hire key professionals, use local small business resources, such as the U.S. Small Business Association (SBA) and college business advisement sites.