Advisors vs. Consultants: Who has greater impact on your bottom line?

The terms “advising” and “consulting” are often used synonymously to describe outsourced services but the differences, although subtle, have a direct impact on a company’s bottom line. Businesses today are finding that partnerships with advisors produce better results. Why? Advisors approach their relationships with clients differently. They collaborate with businesses long term and do not leave after a project is complete. Advisors also help companies uncover potential problems, give direction on how to solve issues, and utilize a bigger picture approach to ongoing challenges. These big differences ultimately facilitate a company in future-proofing their operation, increasing profits, and saving money