FAQ's - Business Consulting
What does a business consultant offer?
Certified Public Accountants
A certified public accountant provides a vast variety of services to assist in preparation of a comprehensive set of plans to start a new business venture. Certified public accountants know the financial aspects of business and understand how they operate. They bring a sense of security with their experience in dealing with a variety of business owners on a daily basis. Business owners can rely on CPA's for objective advice, a wide range of expertise, creative alternatives to problems and most importantly, reliability and trust.
Attorneys are needed to draft and review business documents, draft and implement the legal form of business, evaluate business agreements and provide representation in legal matters. Like the certified public accountant, the attorney’s daily exposure to business problems is an invaluable tool to the new business owner. Choose an attorney that has a good business background and will be around for the long term to grow with the business.
It is important to establish a banking relationship prior to starting a business. They should be interested in establishing a long term relationship and building understanding based on an individual company's needs. A financial institution will want a business's plan and personal financial statements before lending the funds necessary to start or continue business endeavors. An accountant can assist in compiling the necessary information required by the financial institution.
The cost of insurance can be material part of your operating budget depending on the type of business you are in. Choose an agent that understands the business you are in, and can explain your coverage to you in a way that you can understand. Before choosing a business consultant, interview them first and be certain that you are comfortable dealing with them. You should interview more than one so you have something to compare to.