Finance Consulting

Many people do not have the qualifications or thorough understanding of financial management, investments, planning, accounting etc. Luckily, there are people out there who have the know how and can help the rest of us accomplish these fete. They are financial consultants. Their skills are usually acquired by companies or individuals who need expertise on various aspects of finance. They offer professional advice of debt management, setting up long term financial objectives, creating a savings plan and many other things.

It is important when looking for financial consulting that you look for a qualified and certified individual with in-depth knowledge on the various business practices and theories. If you are interested in a career in finance, consulting you have to have thorough knowledge of the various aspects of finance. When you are hired by a company, they already have a specific strategy but they are on the lookout for a third opinion. You will be tasked to review and analyze a proposed plan and then give advice on government regulations, contingency plans, long term viability and industry trends.

Individuals who require finance consulting services may have significant financial resources or a complex investment portfolio. The services that they may require range from tax planning to investment advice. The consultant has to be able to increase the financial worth of their client with minimum risk.

Financial consulting is one of the most lucrative fields in the financial world today. You have to be ready to get a degree in finance and at least ten to fifteen years experience before you can be considered dependable. You can also go for freelance consulting where you would be your own boss but you have to be ready to be dedicated, and put in long hours in order to succeed.

Business Finance Consultantants

Business finance consultants are the backbone of an organization. They help establish the both the long-term and short-term objectives of the firm that makes for effective utilization of the financial resources. They also help in formulating financial and business policies. Financial policies relate to procurement, administration and distribution of business funds. Business finance consultants also play a pivotal role in formulating procedures. Procedures are the specific order of doing things. They ensure consistency of actions. In financial procedures, the financial executives decide the control system, develop standards of performance and evaluate the performance.

Finally, business finance consultants help forecast the future. In order to take proper action to achieve the objectives, it is necessary to know future positions. Business finance consultants help make a sound financial plan. A sound financial plan should be simple as well as practical. When there is complexity in the financial plan the operating executives will find it difficult to follow. Also, the financial plan should be designed with a long-term view. While designing the investment, financial and dividend policies, the long-term requirements are also considered. A financial plan requires vision and forecast.

A financial plan designed by business finance consultants should have flexibility. That is, it should incorporate changes in the plans and ensure liquidity by meeting maturing obligations in time, but not at the cost of profitability. The plan should also ensure with the cost associated with various financial decisions at a minimum. A proper balance between fixed and working capital should be maintained for using capital effectively.

Personal Finance Short Course- Choosing a Personal Financial Consultant

When it comes to handling personal or family financial matters, many people like to be in charge of their own money, and have trouble with the idea of letting someone else manage their finances. However, there are people who are willing to admit that they need help, and that is where personal financial consultants become handy.

A personal financial consultant is someone who is a professional when it comes to finances, and who is put in charge of handling various aspects of your finances. There are many people out there who will gladly take charge of your finances, so you must make sure that you are going with the right person before you trust anything to anyone.

Are you looking for a personal finance consultant? The absolute first thing that you need to decide is if you really feel comfortable trusting your financial decisions to someone else. This is not really a casual gesture, because you will be giving another person control over your finances, and it would be a very bad thing to give this control to someone you cannot trust. Do you absolutely prefer to have someone else in charge of your finances? Is there a way to handle your finances on your own without outside help?

On the note of trust, the next thing that you must decide is whether or not you feel comfortable trusting your personal finance information to someone else. Personal finance consultants are professionals, but that does not always necessarily mean that you should trust all of your personal information and financial information to them without doing some research and making a concrete decision about how trusting you feel. There is no rush involved when it comes to finding a personal finance consultant, so take your time and weigh all of your options before making any decisions.

Never give all of your control away! This goes for allowing anyone to manage your finances, be it your spouse, or a personal finance consultant. If you put someone else completely in charge of your personal finances, there is a chance you will be unable to keep track of your own money. If something happens to your spouse, will you know how to pick up where he or she left off? The same thing essentially goes when it comes to hiring a professional personal finance consultant. If there comes a day where they are no longer your financial consultant, will you be able to pick up where they left off?

You should always make sure that you have at least some control over everything, and that you are always aware of what is happening with your finances, even if you allow someone else to be in control of them. This way, if you are ever forced back into control, you will be able to pick up where they left off without any confusion.

Business Acquisition Financing – Beware of Advisors

Business acquisition financing is right up there with your basic root canal. It may be necessary but it most certainly is not fun.

In fact the overall process for acquiring an ongoing business can be a mind sucking affair, very expensive,and in the end unfruitful.

Why is the process so frustrating?

The answer in many cases is the advisors involved.

That’s right, the very people that are paid to complete the deal, are the same ones that kill it.

Let me explain.

All deals have two sides, a buyer and a seller. Both sides have to rely on their third party advisors for advise on such things as legal, valuation, taxation, finance, etc.

Unfortunately, the business acquisition financing issues do not tend to be dealt with in the construction of the purchase and sale agreement, creating sometimes unworkable issues for potential lenders.

When buyers and sellers rely heavily on advisors, there is automatically less chance for the deal to succeed. Why? Because it can be impossible for both sides to agree or reconcile issues between the advisors without great cost and time delays.

The advisors are commissioned by their clients to protect the client’s best interest. But in this process of protection, it can be very difficult to get both sides to agree on all issues as both groups of advisors are coming at each issue from the opposite point of view. The result is a deal between buyer and seller in principal that can’t get closed.

Even when the purchase and sale agreement does get finalized, there may be terms and conditions that are now not acceptable to your source or sources of business acquisition financing.

If the agreement has to be reworked for the lender, this can be the beginning of the end as it may have already taken the powers of heaven and earth to get everything agreed to and signed off the first time. Making revisions can be like opening Pandora’s box with no hope of ever getting it closed again.

If this all sounds bleak and depressing, it certainly can be.

The stark reality is that if you’re going to buy or sell a small business you need to self educate yourself to some degree before you get started.

Here are some points to consider:

>>> Approach the deal on a Win – Win basis. Too often in deal making, one side is trying to pull a fast one on the other and try to come out better that they otherwise would have.

This is a dangerous strategy because no matter what you and the other party agree to in principle, the advisors will weigh in at some point and likely uncover any inequity that was created in the negotiations. Not only does the deal now become more complicated as a new basis for agreement needs to be established, but there may also be distrust forming between the parties, either of which could end up killing the deal.

>>> Be the decision maker. There is nothing wrong with getting advise from advisors when trying to close a deal and arrange business acquisition financing. Just don’t turn all the decision making authority over to the advisors. Take all the counsel as input and then decide for yourself what issues to bend on and which issues are sacred cows.

>>> Select Deal Makers. Make sure that advisors you chose to work with (lawyers, accountants, business consultants) are deal makers not deal breakers. A working definition of a deal maker is simply someone who has a lengthy track record for closing the type of deal you are trying to consummate. These individuals have a combination of the right technical ability, relevant experience, and ego control necessary to truly add value for the money you’re going to have to pay them if the deal closes or not.

>>> Pre-Qualify the business acquisition financing requirements. Make sure that the buyer has the means to acquire financing. The buyer typically needs to have 1/3 to 1/2 the purchase price as a down payment, depending on the industry and the hard assets being acquired. Good credit and a solid net worth can also be requirements for suitable financing. The seller needs to be prepared to work with different financing options before getting too deep into due diligence. Will a vendor take back be required? How long is the vendor willing to assist with the business after sale? How much working capital is the vendor draining out of the business?

>>> Consult with a financing consultant. Whether you’re the buyer or the seller, there is great value to talking the potential deal over with a financing consultant before your accountant and lawyer start running up their tab respective tabs.

From the seller’s point of view, a financing consultant can be invaluable in providing insight as to how to get the business in a financial position. From the buyer’s point of view, a financing consultant can provide guidelines as to lender requirements. In either case, there is no sense going through all the potential aggravation of closing a deal if its unlikely to attract the necessary business acquisition financing capital.

>>> Become blood brothers (or sisters) with the other side. A close working relationship between the buyer and the seller can stop the deal from going down bunny trails and sitting unnecessarily on an advisor’s desk. Always listen to your chosen advisors, but remember that as buyer and seller, its your collective deal, and you’re the one’s who will make or break it when the issues are cloudy and the timelines are dragging on.

>>> Set a realistic time frame. Negotiating the deal, going through due diligence, getting advisor input, writing up the deal, and getting financing in place normally takes more time than first estimated.

If the change of control is time dependent due to the business sales cycle, year end, etc., then make sure you have sufficient time to get the deal done before you start, otherwise the only people that will be making any money will be the advisors when the deal can’t get closed on time.

Brent Finlay makes it easy to understanding business financing. Learn how to locate and secure proper financing for your business. To receive your free 6 part mini-course visit the small business credit and financing website

What It Is Recruitment Consultancies Do – Putting Jobseeker and Job Together

It’s not a nice moment when you realise you dread going to work every morning. Not because the working environment is terrible or you don’t get on with the people there, but because you simply no longer enjoy what you do. You may feel, if you’ve been in the same job for many years, that it’s too late to start again, or perhaps you don’t believe you have the appropriate skills to succeed in a different line of work. You would be wrong on both counts and with the professional help of a knowledgeable and highly experienced recruitment consultant you can achieve your dreams.

Ideally, when looking for a good recruitment consultant you want to ensure that they have an in depth understanding of all employment sectors whether it be investment work, wine broking jobs, media positions or sales jobs abroad. These people might have your entire future in their hands, so you want to be sure you will be taken seriously and every effort will be made to place you in a vacancy that fits your skills and requirements, whether you are looking for wine broker jobs, finance positions or work in property.

A reputable recruitment consultancy will be able to recognise both your strengths and weaknesses and take both into account. The recruitment company will take your existing skills and attributes as well as your qualifications and build up a personal profile that can then be matched to positions that fit your exact details, so it’s not gong to be too long before you land that much yearned for position as an events organiser, investment consultant or wine broker.

A personal consultant will work with you through every step of your employment seeking journey and will be able to give any advice you might need about job hunting and be there to answer any queries you may have. They will also work through any doubts you may be having in your abilities to fulfil the requirements of your new employment as a wine broker, timeshare sales person or finance consultant. One thing always worth bearing in mind is that this recruitment consultancy have invested a lot of their time and effort in you, they are fully aware and confident of your skills and abilities, if they felt you didn’t have what it takes to make it in the finance industry, as a land broker or in wine broking they certainly wouldn’t be wasting their resources.

As well as catering to the needs of the employee a good recruitment consultant will also be available to guide an employer into finding new staff, whether it’s just one high flier or a complete team of up and coming investment professionals, media workers or candidates suited to wine broker jobs. Employers seeking employees will need to give the specifics of the type of person they are looking for and these requirements will then be matched to all the profiles of the jobseekers registered with the company. The more specific the employer can be the more suitable the candidate.

Just saying to the recruitment consultancy company, “I want a wine broker” or “I need a new Global IT Manager” isn’t enough, youWill need to go into specifics, tell them the skills you prefer and what will be required from the wine broker jobs or timeshare sales. Make a point of describing the attributes you would like and even personality type. This way the recruitment consultants can find an employee or employees who will appear as if they have been tailor made to fit all your employment requirements whether your business is finance, media, property or wine broking.

The very best recruitment consultants will work hard to meet the needs of both the employer and employee in a professional, knowledgeable manner and will strive to achieve a favourable outcome for both parties. So it won’t be long before you start your new job in wine broking or as a timeshare sales person or before you start welcoming your new employees to fill your wine broker jobs positions or timeshare sales openings.

If you’re thinking about a change of career – whether it’s to become a wine broker, a land broker or whatever – Pinnacle 7 can help. They are a recruitment consultancy firm who work hard to match job and jobseeker.

Business Finance Consulting and Planning Tools

Various strategies for cost control will be helpful for most small businesses trying to cope with reduced sales volume. Business planning and consulting are likely to be among the most effective alternatives to help small business owners deal with recent distressed financial conditions.

The need for new business planning tools is rarely a high priority for a company that is not experiencing one or more substantial problems. However even for the most healthy business, contingency plans are advisable. The value of contingency planning for business financing is sharply illustrated by recent examples of banks suddenly eliminating commercial loan programs with little or no advance notice. The level of chaos that currently prevails throughout commercial banking unfortunately means that changes can continue to occur with little warning.

Business consulting will often not be thoroughly considered by small businesses because of the potential cost. As with any any other corporate service, costs cannot be ignored. This is particularly true in the current economic environment because very few businesses have substantial discretionary funds to cover new business expenses. Nevertheless it will sometimes be necessary to spend some money in order to either make money or reduce costs.

The growing need for business consulting and management tools is supported by the disturbing number of changes which have occurred throughout the business world recently. To adequately address many of the complicated changes impacting small business loans and working capital financing, most business owners will not have enough technical skills or information. Many banks have imposed significant fee increases for their commercial finance services, and finding effective (and less costly) alternative business funding services will prove difficult for even the most skilled borrower. While there are some viable business finance options to replace traditional bank financing, these alternatives can seem confusing simply because they are new and different approaches.

Whenever there are complex problems, there are rarely simple solutions. The current difficulties for small business owners are a growing challenge. Similar circumstances have not been seen during the past fifty or more years for most businesses. As a result, even a highly experienced business owner is likely to be missing enough direct experience to make it through the maze of current changes and problems without at least some outside help.

It is likely that the most effective (and realistic) business planning tools will actually be a combination of several approaches undertaken with a coordinated effort. As noted above, complicated problems will usually require complex solutions. This will often translate to a series of business management and planning maneuvers that can take a number of months or even several years to complete. Small business owners should generally avoid any business consulting expert that portrays the problem-solving process as quick and easy.

Starting Your Commercial Finance Consultancy Business

In theory, it’s great if your business can suit everyone’s financial needs but unless you have the proper support, financial and otherwise, you can find yourself walking a very tight rope.

There are commercial training companies that will not only show you the ropes but introduce you to lenders as well. I’ve worked with the team at Commercial Capital Training Group and they are one of the best in terms of support and practical application.

Once you’ve made the decision to start a commercial finance consultancy business, there are a few important steps you should take:

• Research License Requirements – Are there any certifications or special licensing requirements that are needed? I recommend checking your state’s laws on licensing to ensure that you can advise clients on their commercial projects without violating SEC regulations. What role are you playing in your client’s business? How will you be compensated for introducing them to a capital lender? Speak with your attorney.

• Research and Establish Your Company Name – Think of a few names that convey your businesses message and research them to ensure they’re not being used by someone else. Also, unless you have the ability to directly lend money, make sure your clients know that your firm is a consultancy. Once you’ve decided on your name, register your business. Legalzoom is a great one stop shop for legally creating your corporate entity.

• Create your business plan – As boring as it may be, you must have a business plan. I’m always astonished when I speak with new consultants and ask them about their company goals and they respond with “to close more deals”, yet they have no road map for this accomplishment. One of the keys to being successful in this field is having your goals written out. A business plan is not written stone, it can and should be modified as your business grows or changes direction.

• Create your marketing plan – How do you plan on securing new business? Without customers, you have no business, so it’s imperative that you have a plan in place for securing new clients (see our article on Finding Customers). Once your marketing plan is complete, it will also give you a good indication of what your company’s website should contain.

• Meet your Lenders – Here’s where attending the commercial training classes really come in handy. Aside from ongoing support, they can introduce you to a myriad of institutional and private lenders that want your client’s business. If you’re on your own, I would start locally with bankers and private lenders who specialize in corporate finance. Once you fully understand the type of financing they offer, you can seek out clients that fit their parameters.

• Design your loan packages – Now that you have lenders, you can create loan packages for your clients. Make them clean and as succinct as possible because you may also use them as marketing material on your website.

A consultant’s job is to consult. Nothing more, nothing less. But what will separate you from the pack is your passion and knowledge. Take heed to the above steps and you’ll be on your way to becoming a successful commercial finance consultant.

Lauran Bonaparte is the Managing Partner at Lauton & Foxton Capital Partners. With over fifteen years of operational, sales and management experience, Lauran has developed a sharp eye for how businesses can obtain the necessary financing for their commercial projects. Her relationships with private lenders and equity firms afford her the ability to advise clients on the most efficient source for their capital needs. As an entrepreneur, she has been involved in real estate (both residential and commercial) with a focus towards large scale development projects in the US and abroad.

Corporate Finance Consulting – Trendy Assistant To Financing

Finance is now part of most common and trivial activities of routine life. Be it marketing, selling any wares, assistance to any person in any form, finance forms the core element. Finance having widespread branches is not merely confined to regular chores of life. In tune of this discussion, comes the concept of Corporate Finance. Corporate Finance, as the name suggests, deals with the sources of funding for big corporate houses and multi-national companies. It is nothing but the steps taken by managers to make the body corporate more viable and lucrative to share-holders and the tools and scrutiny deployed for allocation of financial resources.

As Corporate Finance is big in itself, there are a number of streams of work associated with it. Such activities come under the purview of Corporate Finance Service. Corporate Finance Services includes a wide range of assistance like managing money, which includes banks, credit-card companies, insurance companies, accountancy firms, investment management companies,stock broking firms -to name a few. Many of them provide a series of
services under one umbrella.

Corporate Finance is quite complicated, specially to an organization or a person just being a fresher and thus comes the idea of Corporate Financial Advisory. The basic ideology behind this is the variety of advisory services that are offered to the MNCs and conglomerates about the financial aspects of operations. Such services may either be provided by Boards of the companies constituted particularly to give shape to this idea or by bodies of professionals, being experts. Moreover, among the numerous finance service, which one is the best suited for a particular company is best judged by Corporate Financial Advisory.

The foundation on which the work of a Corporate Financial Advisor is based on is facilitating mergers and acquisitions, joint venture, disposals, apart from others. They are often found in consortium with large investment banks or corporate advisory firms.

It may be pertinent to mention here that strategies that are adopted for a specific company is totally different from that of another.. Strategies are the clever techniques that are adopted to tide over war-like situations. These strategies are being designed by Corporate Finance Consulting mechanism. The work is basically the linking of capital markets ideologies, corporate strategies and financial strategies to help executives and their teams for value-addition purposes.

Worldwide there have been quite a few firms well-known in their area of expertise as Corporate Financial Consultants. Famous ones are A.T. Kearney, PwC, Ernst & Young, Mckinsey & Co., Bain & Co. Deloitte, BCG, and KPMG.

Among the new and rising firms is the Antar which is a boutique consultancy company offering clear, simple, effective and tailor-made financial services and solutions to its clientele. The name “antar” signifies “difference” and it is this uniqueness that sets “Antar” apart from other companies. Among the plethora of services that it offers, Business Recovery, Valuations, Funding, Corporate Finance Services, Transaction and Advisory comes under the endeavour of Financial Consultancy.

Amer Shaikh is a management consultant who provides various startups, corporate finance consulting firms and management consultancy services. The above article is his take on the topic.

Business Finance – All That You Need to Know

If you are harboring a desire to start your own business, even if it’s small in size, you need to look at the odds you are facing in the process, the negligence of which can prove fatal for your operation. First of all, unless you have enough capital to finance your project all by yourself, you cannot do without some external investment. Every little business project materializes through a business loan, which is the very first step of the process. In fact, business finance is not merely restricted to the purpose of fueling your yet realized business dreams, but can be instrumental in other areas like expansion and collaboration. What is important here is where and how you avail business loans.

If you are on your way to establish a small sized business enterprise, then you should apply for small business finance, which isn’t really as hard to avail as it is to organize the funds after you have it in hand. There are a thousand things that you need to take care of and you have to use your resources carefully. You have to buy office equipment, structure out the payment for your hired employees, purchase raw material, and so on. So, it’s impertinent that you graph out your strategy well in advance before you even have the loan in place.

Besides people who are looking for a small business loan, there are those as well who already have a small business setup and need finances for their operations. For those who need finance for their day-to-day business expenditure, there is working capital loan, which is offered by a huge number of banks and financial institutions at attractive interest rates. Now there are those who have a well laid out plan for a particular period, say about five years and have a fixed figure in mind for the operations cost. These people can opt for corporate loan, which again is easily available at great interest rates.

Usually, the offer of a loan comes with a condition, which is the pledging of property or other valuables as guarantee or security. For those who can provide that, loans are easily available at pretty low interest rates. But, for those who cannot provide any collateral, there is the availability of unsecured business loans to the rescue, although at a slightly higher rate of interest. Now even if the rate of interest is a bit higher, at least it serves the purpose and you can have your own business right from scratch.

The journey of business finance [http://www.kkcap.com/business-finance-consulting-company-loan-consultants-delhi-mumbai-india.html] is not yet over, not unless there is one more domain to cover, which sheds light on people who have had a spat of bad luck with their credit history. Now if you are someone who has gone through some harrowing experiences like late payments, defaults, arrears or even bankruptcy for that matter in your credit history, fret not because you can always avail bad credit business loan to realize your business dreams yet. The internet is the best place to find firms offering financial consulting and loans through leading banks and financial institutions at competitive interest rates.

Suresh Kumar is a 52 year old Chartered Accountant expert who has gained rich experience in the field of business finance as a prominent CA and shares his wisdom through his articles.

Who is Your Best Personal Finance Consultant?

Managing personal finance is a skill, actually a very important skill, and hence can be learned like any other skill in this life. No body is born with this skill. Even the best financial managers who control the budgets of the biggest companies in the world can be bad at managing their personal finance if they have not been trained on. Did you know, for instance, that most of those who consider themselves experts in managing personal finance, including the humble author, have suffered a lot from financial crises in their life that you might not even be able to imagine??!! The good news though is that if those great managers have made their way through those crises and survived their impacts, then you stand a very good chance of improving your management skills and becoming more successful in your life.

How do people learn personal finance management skills??!! Well, people can learn these skills from different resources and in different ways. They can learn them from their parents, friends, colleagues, spouses, or most commonly from their experiments and experiences. However, there are people who can repeat the same mistake for many times without realising that. This type of people need guidance and someone to tell them that they are wrong or that there is something they are not doing the right way. Also, there are people who find it difficult to master something without having a manual, a guide, or a mentor. This article can act as that voice that tells you ‘Go Ahead’ when you do something right and ‘Don’t Even Think of Going Near That’ when you do something wrong. This book can be your guide on how to make the most from your tight budget and limited resources. The author has tried his best to make it the only One-Stop Guide you will ever need to best Manage your Personal Finance.

But first and before we go deep into details, let us define ‘Managing Personal finance’. This phrase dear reader has many definitions, but in a simple way it means the ways and methods that can help you make the most from your income or budget in a way that it best covers your expenses and in some cases leaves you with some money to save.

Now being aware of what Managing Personal Finance means, who or what do you think should you consult to get the best advice about managing your personal finance?? Should you consult books like this one?? Should you consult experts in this area or attend courses about this issue?? Should you consult your parents, friends, or those people that you trust the most?? Should you consult those people whom you consider successful in that issue and good at managing their financial matters?

No, actually none of those will be good enough to give you the best advice about managing your financial matters. Dear reader, your best consultant about managing your personal finance is ‘YOU’

Yes, it is you. You only can help yourself manage your personal finance the best way. You only can help yourself to get out of that ditch and be something special. All those mentioned above can be very helpful as tools you can use to show you the way or give you the tips about best strategies in doing things. They can even be very helpful in putting you on the right tracks towards becoming a better manager of your personal finance. But that is all. They can do nothing more than that. The rest depends on you. You only can make the choices that will make you the best personal manager of your finance like you are now making the killing choices that make you the worst manager. If you think that you cannot do this alone, then don’t waste your time with experts and courses for they will not be able to change anything in your life.

Your participation in this matter my friend is very important. It is actually a top requirement for you to be a better manager of your personal finance. So, if you currently are consulting a book, a course, an expert, a friend, or whatever… put in mind that they will not be able to help you much without your sincere participation and serious commitment. Don’t be surprised or disappointed of what you have just read because simply… you are capable of changing your life upside down and becoming the best financial expert in just a few years. Yes, you can. If you think that because of some minor financial problems and because of little shortage of money you are a bad manager of your finance or that you can never have control over your budget, I would tell you with assurance that you are wrong. You are an excellent manager of your finance and all that you need are some tips from this book and that course and some hard work from your side. In other words, this book is meant to give you some tips and enrich you with the author’s experiences and the positive expertise of some professionals that can put you on the right tracks towards controlling your expenditure. The rest is on ‘YOU’.

Now that we have agreed on the basics- i.e. the definition, the resources, and your role in improving your management of your personal finance- it is time that we move towards equipping you with the skills that will make you a better manager of your personal finance.