Intro:Where does a small business owner turn to for help in
making critical business decisions?
The choices are many with
the boom in services for small business. Help may come from this
website, a book, your accountant, a mentor or consider the power
of a peer advisory group.
A peer advisory group is a group of small business owners
from diverse industries who get together on a monthly basis to
solve problems, share best practices and offer each other peer
support.
Benefits of Peer Business Advisor Groups
Handle Personal Issues: Small business owners are
limited in sharing personal issues. With a peer advisory group
your peers are in the same situation and have a high degree of
empathy.
Sounding Board: A peer group acts as an informal
board of directors and an opportunity for real-world experience
sharing.
Overcome Isolation: It can be a very lonely being the
owner of a small, growing business.
Your friends and family do not understand the issues you face.
You cannot confide in your employees. However, every business
owner in your peer group has the same sense of isolation and can
offer support.
Improve Odds of Success: Business success takes
vision and insight. Your peer group can help you turn your focus
away from the day-to-day issues and look at the bigger picture
that can have a major impact on your company.