Who do you turn to? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Who do you turn to?

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in Best-Practices Leadership,Leaders & Managers

Asked about their go-to person in making important business decisions, 750 owners of small companies admitted mostly going it alone:

  • 67% cited a single confidante.
  • 59% of those relying on a single confidante said that person is an immediate family member.
  • 47% did not seek advice about the previous year’s most important business decision.
  • 40% had not sought advice from a fellow business owner in the past 12 months.
  • 22% of those who didn’t seek outside advice cited privacy as the main reason.
  • 16% had a board of directors.

— Adapted from “How to Save Your Business From Yourself,” Randy Myers, Inc.

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