Where Should Businesses Seek Advice? 7 Trusted Sources
March 26, 2025
Knowing where to go for advice as a business is always challenging. You don’t know exactly who you should be turning to in your hour of need.
Fortunately, this post can help. It rattles through some of the most trusted sources out there so you know who you can lean on when things get tough.
Key Takeaways on Where to Seek Business Advice
- Seek guidance from industry mentors: Experienced professionals can offer valuable insights and instinct-driven advice to help you navigate business challenges.
- Utilise the Small Business Administration (SBA): This organisation provides free or affordable resources on funding, regulations, and business planning.
- Engage with the Chamber of Commerce: Local chambers offer networking opportunities, workshops, and region-specific business support.
- Consult a business accountant: Professional accountants can assist with tax efficiency, financial planning, and business structuring to optimise your finances.
- Establish legal counsel connections: Lawyers help with contracts, intellectual property, and legal disputes, ensuring your business remains compliant and protected.
- Stay informed with trade publications: Industry journals provide expert insights, trends, and strategies to help you stay competitive.
- Leverage peer advisories: Networking with experienced peers allows you to learn best practices and gain niche-specific business solutions.
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START NOWIndustry Mentors
First, you’ll want to go to industry mentors. These people often have a vast array of experience that provides them with deep insights into how the world operates and what your company should do next. Often, they rely on instinct, allowing them to see through the current trends and identify deeper patterns holding your firm back.
You can find these exceptional mentors in various locations, including trade shows, networking events, and more. Many will work with you for free if you ask them or strike up a relationship with them that works.
The Small Business Administration
You can also go to the SBA for advice. It works in the interest of private businesses as an independent department.
Its most popular services include entrepreneur counseling and workshops. However, it has free resources on multiple topics, including funding, dealing with regulations, and business planning.
New companies love using the SBA because its services are often free or cheap. Startups can benefit from in-depth advice on what they should do next.
Chamber Of Commerce
You could also approach the local chamber of commerce. Again, these provide similar services, including networking, workshops, and business advocacy.
Chambers of commerce have regional expertise, meaning they can help you if you plan on setting up a business in a new area or thriving where you are right now. Local experts can provide insights and guidance to steer you on the best path.
Accountants
Going to a business accountant is also a great place to get advice. These professionals are legally allowed to provide you with financial assistance, helping you better manage your money.
Accountants are most helpful when it comes to business structuring and tax mitigation. Many smaller companies discover they are overpaying their tax until they work with an accountancy firm.
Legal Counsel
Related to this last point, it is also worth building networks with legal professionals. These individuals can provide information and advice on how to proceed with a legal case.
Again, you want these people around you because they have qualifications and memberships that ensure they can’t act in anything but your best interest. They can design contracts, protect intellectual property, and help you fight negligence claims if necessary.
Industry Trade Publications
Sometimes, you can find advice in industry trade publications. Articles in these are written by professionals in the industry who understand how it operates and what you need to do to thrive in it.
Peer Advisories
Finally, you might consider using peer advisories for advice. These are people in your industry who have more experience and insights than you, giving you the information you need to succeed long-term, including best practices for your niche and solutions.
