Business and Management Consulting Services on Consultative or Retainer Basis

Type of Services:

On consultative basis by appointment
Retainer

Our Area of Assistance

Financial diagnosis and advisory
Evaluating business / revenue model to determine company's prospects and viability
Project evaluations
Marketing strategies including effectiveness of advertisement
Business policies and procedures
Loan facility application
Using Accounting Information for Decision Making
Business planning incorporating budgeting
Merchandise display for maximum exposure and attractions
Staff and service observation and for improvement in productivity and quality of service
Establishing financial goals and or key performance indicators (KPI) for company,
individual personnel or profit / cost centre
Importance of customer relationship management (CRM)

The main objective of this engagement is to enable our clients / contracts to be well guided and informed in the above areas of concern and accordingly contribute to more effective decision-makings by the business owners.

Benefits of Engagement

Immediate professional advice on common issues encountered
Independent evaluation and assessment on issues besetting the company's management and staff
Providing immediate guidance on accounts, finance and related matters encountered by management
and staff
Keeping the management informed on the latest economic development
Making brief evaluation of new proposals, joint-ventures, projects, etc
Sharing of ideas on:
- various on-going projects/ventures
- automation, efficiency and cost reduction exercise
- financial goals and performance indicators
- staff motivation incentives
- customer service and product knowledge
- correct product costing and pricing that appears reasonable
to customers and remaining competitive
- conducting Annual Retreat for management and staff to recuperate
and rejuvenate performance and establish new goals for the following year
Brainstorming on:
- the effectiveness of advertising and promotion (A&P)
- the company's strengths, weakness, opportunities and threats
- core values, mission and vision statements for the company's management
- the effectiveness of leadership
Brief evaluation of financial statements to denote areas of improvement
Brief evaluation of business / revenue model for viability and profitability
Improve branding, imaging and visibility to maintain high profile in the market

Benefits of Using External Consultants

"SMEs are relatively fragile structures with limited resources to overcome their problems. Even minor problems can be life-threatening to SMEs. It was estimated that the failure rate within the first 2 years of operation is as high as 50% for new small enterprises"

Therefore, small-scale enterprise managers who want to remain competitive need to consider engaging external consultants. Studies have shown that most small-business owners who engaged consultants have obtained the following results:

An independent professional viewpoint
An overall, total company check-up and expert evaluation
Ideas to cope with growth
Manager and staff training which otherwise would not have been accorded due importance
Help in developing a strategic growth