Economic and Business Consulting is another service in which our firm specializes. It is provided to clients who manage their businesses and encounter difficulties or complex issues that require in-depth business analysis, conclusions, and sometimes tough decision-making. Managing a business, whether by opening an independent file or by establishing a company, involves dealing with various complex aspects. Business management includes addressing and resolving internal business issues, such as human resources, evaluating cost reduction options for production, assessing the feasibility of hiring a sales agent, and examining major costs, including rent, logistics, and more. At the same time, it is essential to manage external factors on which the business often depends, such as the banking system, competition, tax laws, social security, customer/supplier credit, and so on.
Our Economic Department provides economic and business consulting services, addressing all the aforementioned aspects. At Michael Weitzman & Co. – Advisors and CPAs, our economic and accounting experts will guide you through economic and business consulting on various issues, including, at the client’s request, a visit to the business, as well as accompanying the client to meetings with the bank where the business account is managed, and more.
Additionally, we serve as consultants for significant transactions you are considering, helping you assess their feasibility for your business while addressing the risks involved, assisting with structural changes you are considering, evaluating the introduction of an investor into the business, and more. In recent years, for a period of about six years, senior accountants from our firm have provided economic consulting services to the National Insurance Institute – Funds Division, assisting in the economic analysis of a wide range of entities, including assessing their ability to meet various aspects, including the economic feasibility of substantial investments.
It is well known that certain decisions are critical to a business. If these decisions are incorrect, they can cause significant harm. On the other hand, well-informed decisions can lead to growth and prosperity. Our firm’s extensive experience and deep expertise in economics, banking, financial and managerial accounting can make all the difference for you.
An accountant from our firm will be happy to assist you with this service. Feel free to contact us without obligation.
