A business requires regular inputs from the environment to grow. It can be either in form of opportunities or in form of resources like ideas, capital, manpower etc. In order to grow and prosper a business must welcome help, especially ideas. Consultancy is now an important part of a business as there are many aspects of macro environment that as businessmen we do not understand.
Economic environment of the whole world is in a dynamic and volatile state. In such conditions running a company is not easy. These make a business as complex as an algebraic equation that regularly comes in contact with a new variable. While some variables make it easier, some increase its complexity.
To understand and solve these variables you need help of an expert business consultancy services with years of experience in the field. For instance, a financial expert understands what tips off the market and what surges it. He can speculate and tell you when and where to make an investment to get a good return. Like an animal hunter he understands its movement and can predict its next move.
Prodessional business consultant offers a hive of services
Business consultancy in Singapore is about understanding the problem of a person or entity and recommending him the best plan of action. It is a relationship that is built on trust wherein delivering upon your promises is a must. For instance, businesses require legal consultancy in various matters. As an entrepreneur you cannot see to every problem yourself as it is not your area of expertise. You require help from a professional lawyer to solve your problems.
Business consultancy is a large gamut that includes a variety of services, viz.
- Incorporation of companies and various other entities
- Formulation of deeds
- Representation on behalf of clients before courts, tribunals and other Government authorities
- Corporate secretarial services
- Office management including payroll management
- Investment advisory services
- Advisory services related to business set-up
- Book-keeping and other accounting related services
- Audit and related services
- Trademark or copyright registration
- Placement services including employment passes etc.
- Formation and registration of foreign branches and subsidiaries
- Valuation and actuarial services
- Other corporate services as per client’s needs.
- Every business irrespective of its size and nature requires a proper accounting system to record its transactions and provide a true financial position at the end of the day. Accounts are the most important part of a business and one must take it seriously. Accounting system of an entity should be compatible with the financial reporting framework as required by law. It should record every single transaction regardless of its size. It should be transparent and free of errors.
Business consultant in Singapore provides high quality accounting and book-keeping services so that an entity flourishes. Accounting system is like a back-bone of an organisation and consultancy on regular basis is required to improve it. There are various users of entity’s financial data, like tax authorities, lenders, owners, financial institutions, consumers etc. and they require up-to-date information that is precise and correct.
Corporate secretarial services
- Amendments in laws happen all the time and there are so many laws that it is difficult to fulfil need of every one of them. That’s where business consultancy is required.
- Hiring a consultant will take the burden off your shoulders and provide you with a helping hand. Corporate secretarial services include hiring a company secretary, doing all the secretarial work like fining returns, communicating with authorities like ACRA, maintaining statutory registers and other important documents, recording minutes of a meeting, proposing a resolution etc.
Services of a business consultant are valuable and must be taken up to run a business tension free.