In my opinion, a business manager is one of the most crucial roles that a business can have. However, especially in financial services, it is not yet fully appreciated because the role is one of very few non-client facing roles in the industry. However, if the business is not running smoothly in the background – it can cause the biggest impact to the end client.
Usually, a business owner will not see the need to have a business manager because they don’t see a gap in the work that would be completed. This is because the work of a business manager is usually what the business owner has always done – it’s what helps keep their business going and the thought of giving up crucial business tasks to someone other than themselves can be daunting. However, if a business owner can find a trusted source to help with business tasks, it enables them to put their time, energy and focus into what they came into business for in the first place – to financial plan and help the lives of their clients.
Below are 10 examples of benefits a business manager can bring:
- Implementation of business tasks
- Taking weight off your shoulders
- Help turn a thought/goal into fruition
- Enable you to fully focus on the right things
- Keeping projects, your team and systems on track
- Having an opinion from someone outside your team, with industry experience behind them
- Central point of contact for all aspects of your business
- Enabling the business owner to take a step back (allowing more time off/time to work on things outside of usual day-to-day business)
- Help with business decisions, to ensure they are right (for the business, not just on a personal level)
- Having a trusted member of the team, without paying for a full-time employee (if they are self-employed)
If you don’t have a business manager but would like to potentially look into getting one, please get in touch with us today for an initial chat at no cost to yourself!