We recently came across an interesting, yet not surprising, article on the need for SME businesses to receive business advisory services. An extract of the article is below:
New research has suggested that the time-poor nature of small business leaves them with a pressing need for business advisory services.
According to Findex chief of adviser services Michael Wilkins the Small Business Research Report, prepared by research house BStar for the SMSF Association, reaffirms the 'trusted adviser' approach necessary to effectively cater to clients.
"The key findings of the Small Business Report include small business owners being 'time poor', suggesting there is a pressing need for professional advisers to provide 'specialised business advice services' for both their business operations and personal finances, which are usually more intertwined [with] the smaller the business," said Mr Wilkins.