Is business consulting a Cost or an Investment?
Cost vs. Investment
What is a basic definition of Cost?
Cost means a price that must be paid for something or a sacrifice; To cause or require the expenditure, loss, or sacrifice (of); Something that is given, needed, or lost to get a particular thing; Cost is used as a verb to mean to require payment or to cause the loss of something.
What is a basic definition of an Investment?
An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchase's a good or service as an investment, the intent is not to consume the good or service but rather to use it in the future to create wealth.
An expense costs you money; an investment is supposed to make you money. When viewed as an expense, spending money is perceived as a necessity, a cost of doing business, something you want to be as small as possible. ... Knowing and appreciating the difference between an expense and an investment can really help.
Some of the most common initial misperceptions and feedback we hear from business owners and clients in our industry upon the first approach is:
- "We are already struggling and just can't afford the cost to bring in a professional consultant to help us figure things out as we are already struggling"
- "We need help getting to the next level but we are in a major growth spurt and cash flow is already strained just trying to keep up. There's no way we can afford to incur another cost of professional business consulting to help us manage the growth and create and implement new systems and processes to handle the growth... we'll just have to figure it out on our own and hope for the best"
- "We've been planning and wanting to revamp our processes, create written SOPs that can be replicated by every employee to ensure we get the same profitable result each time, ensure our core company values and services are always up to our standards... but I just haven't gotten around to it yet because I stay too busy trying to keep up with day to day operations"
- "We know we need to do something before it's too late, but we don't even know where to start because there's so much in so many areas that need tending to"
ANSWER: The Greaux Gold Guarantee* - ROI (Return on Investment)
The Greaux Gold Guarantee is our guarantee that you and your company see an ROI. Greaux Consulting will, upon satisfactory completion of the consulting engagement, assure to Client the realization of a return, through a combination of cost savings and profit enhancements, in excess of 2 (two) times the investment incurred for consulting hours billed, during the twelve months following the successful completion of the consulting project. When our clients realize an actual return on their investment and that it is not a cost, but rather an investment with a guaranteed return... they typically can't get enough. Many start making plans to engage us to return for another phase of consulting before their initial scope or project even ends. It's not only exciting but also very contagious when you get to experience the exponential growth and financial return firsthand as a result of engaging us to support your dreams and hard work!! Don't hesitate to ask us to tell you more about our Greaux Gold Guarantee today!
*Terms and Conditions may apply