The term consulting is one of the most used and least understood in the business world today. It seems to have a different meaning to each of us. The only common thread I have ever been able to find is you are paying for someone’s expertise rather than for a tangible product. Whether the consultant actually possesses that expertise and to what degree often is not known until the engagement is complete or nearly complete.
When SDB Accounting uses the term, we are referring to a few specific areas in business which arise infrequently but are vitally important. It would include things such as:
- Sale/Purchase of Existing Business
- Business Plans
- Choosing a business entity
- Buy/Sell Agreements
- Tax Planning
- Starting a business
- Divorce and its effect on your taxes and finances (what your attorney does not tell you)
Often times a client will just call to ask our view on a matter they are considering such as whether to purchase a piece of equipment versus leasing. For this and countless other questions which may arise, feel free to contact us.