Professional Advisors are important especially from the view point of an investor who is investing in your business. Since you may be new to business or undertaking a new direction in an existing business, it is beneficial to surround yourself with people who have more experience with some of the issues you will face to help guide you and give you advice… and these people become your professional advisors.
Examples of people yo rely on for advice include accountants and bookkeepers to help you interpret your financial statements or lawyers to review legal contracts or to give a legal opinion. If you are a recent graduate of a trade or technical school, this may be a professor or instructor. Perhaps one of your product suppliers maybe an advisor of trends, new products and shortcuts.
Whoever is reading your plan wants to know that you have someone to go to and have advisors that will give you good advice. This is especially true if you are looking for investors to invest in your business. Having professional advisors lets them know you have the support of people who can provide specialized advice.
These advisors should be reliable, credible and be a cross section of people that will help you avoid trouble or help you get out of trouble. And, when you indicate professional advisors, don’t forget to use them. These professional advisors may even have connections that you can use as potential customers or suppliers to your business.