And unless you have a background in accounting, you've neither the time nor the training to effectively manage your company's financial structure. Fortunately, you can get help. A trusted financial consultant is one of the best resources your company can have. Besides advising you on your cash flow and assets, the right person can assist you in developing a business plan, finding tax shelters, creating a pension or profit-sharing plan for your employees, taking out insurance policies and many other key facets to your company's successful operation.
Financial consultants come in all flavors.
The type of professional you need depends on the type of assistance you want, There are, however, some expectations all small business owners share. The best way is by asking for referrals from people in your line of business, or at least other small business owners. Set up interviews with prospective consultants and ask the questions below. If you need someone to be an integral part of your business's financial strategy, you want a professional experienced in a wide range of financial services, and someone with whom you can establish a long-term relationship. For assistance on a specific issue, choose a specialist in that area.