Business Consulting

The business consulting will cover various requirements and needs, whether they are internal management process and operational guidelines, or for the purpose of expansions and investor acquisition.

Budgets

A budget is an estimation of the revenue and expenses over a specified future period of time. A budget can be made for a sole proprietor, partnership, family, small to medium enterprises (SME), international companies, branches, franchises or multinational organizations and is a micro economic concept that shows the trade-off made when one goods are exchanged for another. 

The quality of bookkeeping and processing is therefore vitally important for budgets to be done accurately. No budget reporting can be done from ineffective and incorrect bookkeeping and will lead a client in the wrong direction. This could hold serious repercussions for a corporate client. At Bala, we believe and know that the quality of bookkeeping and internal processes will make a world of difference to our clients' financial reporting and budget analysis in the long run. 

As a fundamental part of any new or existing trading entity, Bala will be directly involved in the implementation and execution on an operational, financial and strategic level of the budgets that have been developed by Bala. This s to assist the client in the effective management and growth of the business entity. All new and existing businesses require a level of accountability that will motivate them to better service delivery. 

You cannot lead successfully within the financial sector without having the right staff and specialists backing you all the way.

Business plan

A business plan is a formal statement of a set of corporate goals, the reasons they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals. The business plan that the client requires, will be developed based on the specific goals to be achieved. 

Business plans may also target changes in perception and branding by the customer, client, taxpayer, or larger community. When the existing business is to assume a major change or when planning a new venture, a 3 to 5 year business plan is required, since investors will look for their annual return in that timeframe. Bala will be directly involved in the implementation and execution on an operational level of the business plan for a period of 3 to 5 years. Through this, the client will receive the valuable support and inputs from a professional team that is focused on the success of the clients' business. 

A business plan is such an individually tailored document that each client's business plan would be vastly different even if you compare clients within the same industry. The scope, reason and information utilized for the business plan is individually tailored for each client's requirements. At Bala, the quality of the data that we utilize to compile the business plan from must be verified in full. For that reason, our corporate clients have the ease of mind that we are involved throughout the whole financial process of their business and that the quality is guaranteed.

Financial analysis

Financial analysis is the process of understanding the risk and profitability of a corporate client (new business ventures, small to medium enterprises (SME), international companies, group of companies, branches, franchises, sole proprietors, partnership or project) through analysis of reported financial information, by using different accounting tools and techniques. 

Financial statement analysis consists of reformulating reported financial statements, analysis and adjustments of measurement errors and financial ratio analysis based on reformulated and adjusted financial statements. The two first steps are often dropped in practice, meaning that financial ratios are just calculated based on the reported numbers, perhaps with some adjustments. Financial statement analysis is the foundation for evaluating and pricing credit risk and doing fundamental company valuation.

Management Consulting

This is the practice of assisting existing organisations to improve their performance, this is done through a detailed process of analysis of the organisations problems and the development of various strategies to reverse the impact of the problems and grow the business.

Operational Plans

All businesses require sound and solid internal structures, processes and procedures to operate the business. These operations require reviews just as often as a company's financial reviews or any other annual procedures. Many businesses fail to invest time into their operational plans and procedures, and could inevitably continue to manage the business, or parts thereof, at a loss. Through the development and correct application of the internal structures, processes and procedures, the client is given a clear operational strategy to work from, which is supported through the consistent interaction with an appointed Bala consultant. 

The operational plan indicates how each element, function and/or department within the business operates on its own, as well as how and where it interlinks with other elements, functions and/or departments. It is of utmost importance that all aspects of the business operate and the optimum levels of efficiency. 

At Bala, we focus on the small details of business, invest quality and personal time into our clients and help them to identify and solve problems within their businesses.

Specialised Consulting

It is not possible to pre-determine what consultation is prevalent to a specific corporate client, as all our clients' needs and requirements differ greatly, even in the same industry sphere. Our specialists concentrate on all aspects of: 

  • Corporate restructuring;
  • Corporate tax advice;
  • Corporate internal controls and risks;
  • Individual financial restructuring;
  • Individual tax compliance;
  • Payroll restructuring and advice;
  • HR compliance;
  • Estate planning;
  • Trust structure and compliance, and much more. 

Bala's clients receive specialised advice and tailor-made solutions. The services, products and advice would continually increase and change as it greatly depends on interpretation of law and new trends within the client's industry.