If you are in business or NGO already or you are planning to start your own business, one of the things you should consider as a priority is the service of experts- the people with deep knowledge and experience on a particular field to help you work efficiently. Example of experts are graphic designers, Accountants, attorneys, tax consultants, architects, engineers etc.
It is a common mistake for many Small and Medium Enterprises (SMEs) and NGOs to ignore the services of experts as they try to avoid cost or just ignorance of the fact that experts are a necessity for your business.
You may be an expert yourself but an expert in a specific field, say you are an accountant wanting to open a business college, or an electric engineer wanting running a electric installation services company, but as you know your expertise in necessary for your business area so are the other forms of expertise that you may need.
There is a general perception that experts are expensive hence only well financially organizations can either employ or outsource them. Later in this blog we will discuss how to get the experts cheaply.
Now let’s answer the question - why getting expert service for your organization has to be a priority? Here are few reasons to review
Legal responsibility: Your organization – whether a profit or non profit comes with legal responsibilities such as filing tax returns, annual reports, specific reports such as Environmental Impact Assessments, Issue of share certificates, holding of meetings, filing of specific reports to authorities. All of these legal responsibilities need service of experts on their specific field, the failure of fulfilling these responsibilities may see your organization pay large fines, and in some cases your organization may be closed.
Competitive edge: You need to find a unique way that will make your organization different from the other and that will make you stand heavy competition. To do this you need to perfectly perform all business processes from planning, designing, implementation, controlling and monitoring what your business does. You need creativity and innovation, you may need more capital – ideas and planning how to get funds for your business and make raise your organization’s image. All these are not one man’s job. You need people, real people with competent skills and experience.
Cost management: You may think you reduce cost by doing things yourself – the things that would be done better by someone else Or not implementing certain things just because you don’t have experts in your organization. In reality, you may be harming your organization in return it will cost much more than if you had used experts. There are many organizations we know that lost customers because of poor quality and services which would be done better if experts were there. Some organizations have experienced heavy fines from authorities and some got closed for good.
Specialization: When you have experts , you allow specialization in your organization which in turn increase productivity, reduce work load, and efficiency.
Tomorrow, we will be talking about techniques to acquire services of experts cheaply!