What is the ROI of Hiring a Consultant?

Posted on by russellaltmba

Determining the return on investment (ROI) of any new project is a crucial first step to deciding if that investment is worth pursuing. Hiring a consultant is no different. Consultants come in many different shapes and sizes and not one size fits all. The ROI of any consultant is dependent upon your goals and desired outcomes.

Puzzle2Process is designed to offer business solutions that help organizations set the stage for long-term, sustainable growth. We offer a more introspective approach that helps business owners place tighter controls in their internal processes. Other consultants take a deeper dive into individual processes. As you can see, determining the ROI is specific to each approach.

Let’s assume you need help gaining efficiency and order in your business BEFORE you can offer world-class service to your clients. Puzzle2Process is a great fit to help you meet that goal.

Your hiring processes will be clearly defined and simplified allowing you to add only the best to your operations. Adding the right people is crucial to your overall success and growth.

You will retain your top tier candidates and keep them more engaged to move your organization forward. Many organizations suffer from high levels of turnover which costs time and money to overcome. The right consultant can help you put systems and processes in place to keep this from happening.

Communication throughout your entire organization will improve. Everyone from your own staff to your clients should be able to tell the difference after utilizing all the tools the right consultant will leave with you.

Your path forward will be more clear than ever. A good consulting service will help you clearly define your organization’s strategic path forward. You should expect to gain insights and see things from a different perspective allowing you to remove obstacles you may have been unaware of.

Ultimately, the return on your investment from utilizing a consultant will come down to clearly defining expectations on the front end. When you initially speak with a consultant, make sure to fully understand their scope of services.

If you’d like to discuss more please reach out to us at russell@russellalt.com or give us a call at 901.486.0063.

When is it time for you to hire a consultant?

Posted on by russellaltmba

There is a reason that the consulting industry has grown year-over-year for the past few years. According to the small business administration, over 600,000 new businesses open each year while almost the same amount close. Needless to say – there are many small businesses that need that extra set of expertise to help them get set up for future stability and growth.

So how do you know it’s time to hire a consultant?

If you can say yes to any of the below three topics then you should consider hiring a consultant.

1. Do you need help clearly communicating your mission to both your internal (employees) and external clients? You can never hope to achieve your goals without a clear mission. Have you established what your mission is? Do you know how? Consider hiring a consultant to help sort these questions out.

2. Are your organizational Standard Operating Procedures (SOPs) in disarray or nonexistent? In order to be a world-class organization you need to focus on building ironclad standard operating procedures that everyone within your organization can speak to. These procedures clearly identify how each mission critical task is performed and who it is performed by within your organization. Without these the best you can hope for is “good luck”.

3. Are you missing simple internal operating tools that allow your team to function like a well oiled machine? Consultants can help you organize internally by implementing simple processes throughout your organization to ensure optimal accountability.

If you’re thinking about hiring a consultant give us a call today at 901.486.0063 or send us an email to russell@russellalt.com to learn more!