How to find a Business Mentor

In this highly volatile and fast moving business environment, a business mentor can help or guide you to move forward your business in the path of the success. Now selecting a mentor is a tricky decision. It is important that you select a business mentor who is competent, experienced, and has both integrity and expertise. In a simply word mentor is a person who is A well Experience and Trusted Adviser for your Company.

The right business advisor can have a path breaking impact on your business during the worst period of your business. BusinessMentor get involved with strategic business planning, acquisition of new company, new product launch, capital management and sale of company products. Business Advisors are professional person with a lot’s of year of experience in their respective areas. They can help the company when there is uncertainty or a critical situation or a lack of information about which path to take. Advisors are brought into the company to help round out the perspective on critical business issues. This can be any number of issues such as an acquisition of new company, increase sale, a capital raise from the primary or secondary market or new business or sister concern development.

One of the most prevalent roles of a business advisor is in advising on the time of merger and acquisition transaction. Market leader or MNC company always try to acquisition a midsized or their competitive company to reduce their market competition. Many companies do not have any experience to acquisitions so an outside advisor or business mentor is necessary.

The main job is to provide that company market condition regarding Assets and liability, negotiation certain terms and conditions and on the base of that make target or suitable price to acquire that company. Before selecting a business mentor you should focus on his/her professional experience, his track record and qualifications. It is important that he should be strong in both, the domain expertise and practical experience too.

Often these professionals or experts are entrepreneurial, finance or operational backgrounds. The best way to find out an advisor/ business mentor is to select those person who has a blend of corporate and entrepreneurial experiences.

MarC has a huge experience in providing consultancy to new startups. He loves to write about various aspects of business mentorship.