Why Engage Service Providers?

There is a lot of information shared within The Group through our many elists, round table meetings (both in person and virtual) and it's always important to remind everyone that the information shared peer-to-peer is not the same as the depth that can be conveyed during a direct consultation between a Group Service Provider and a Client.

It is necessary for Service Providers to have more information and ask questions to develop solutions. Use what you learn here but consider the bigger picture involved.

Does anyone save money by not engaging a consultant?

Never.

The investment is always beneficial even to avoid making mistakes that otherwise would have been made. Typically Service Providers are able to return 5-10x the investment, often in the span of one spring season with improvements that reduce costs or improve revenue, or a combination of both as well as those that build a business over time while controlling operating expenses over time. A mistake prevented is better than a costly cure, or living with the mistake forever.

Several years ago Steve Bailey did a study of the P&L Study and it showed that the clients who engaged Group Service Providers investing $12,000 or more in a year earned more than 2X EBITDA profit of those that did not. Regular check-in and check-ups with Service Providers are more than worth it, they're profit and wealth building in motion!

For a complete list of Group Service Providers, CLICK HERE.