Financial Consulting

Financial Consulting FAQs

• What does a financial consultant do?

  Financial consultants will assess clients' financial situations and help them prepare a financial plan. Consultants help their clients with financial decisions for education, retirement, investments, and more. Financial consultants also work with businesses and help assess the financial viability of large scale projects such as investments, mergers or acquisitions.

• How can a financial advisor help my business?

  Financial advisors can help you prepare your business for future growth by providing clarity on issues, such as whether you can achieve your goals on schedule or not. Their wealth of experience can help your business save money, as well as help ensure that your business finances and personal finances are in order.

• What are financial models and how are they useful?

  A financial model is presented in the form of a spreadsheet and provides a financial assessment of any new activity such as an investment or organisational change. The goal of the financial model is to represent the realistic financial impact of any new activities that a business is looking to implement.

• What is the difference between an accountant and a financial planner?

  An accountant records, analyses, and creates reports of financial transactions, whereas a financial planner assists with investments. Accountants can help you with tax preparation, financial statements, audits, business growth strategies, and so on, while financial planners can help you with debt management, budgeting, shares and managed funds, retirement and estate planning, and insurance.

• How can I determine what type of financial service my business needs?

  Businesses often need multiple types of financial services, including banking, accounting and bookkeeping, wealth management, and insurance. It can be difficult to figure out the specific services your business needs, especially as your financial needs may change with time. However, a financial consultant can help you determine what types of financial services you need through a financial plan.

• Why would I need Financial Consulting services?

  Whether you want to manage your personal finances, need help with bookkeeping, accounting or tax, or you are after more trading advice, financial forecasting & modelling or any other finance-related services, an expert is usually your best bet. A professional financial consultant can save you time, money and help you avoid pitfalls so your money always performs well!