First One

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firstone accounting

Business Consultation & Start up

Business Consultation & Business Setup

1- Business Consultation

As a trusted accounting and bookkeeping firm, we provide comprehensive business consultation services to help you make informed decisions and achieve your business goals. Our experienced consultants work closely with you to understand your unique needs and challenges. We offer the following services:

Business Planning

We assist you in developing a strategic business plan that outlines your objectives, targets, and strategies for growth. Our consultants provide valuable insights and advice to help you make informed decisions

Financial Analysis

Our experts conduct thorough financial analysis of your business, assessing key performance indicators, profitability, cash flow, and financial stability. We provide recommendations for improving financial performance and maximizing profitability.

Other Service

Feasibility Studies

If you are considering a new business venture or expansion, we conduct comprehensive feasibility studies. We assess market potential, competition, financial viability, and potential risks to help you make well-informed decisions.

Business Restructuring

If your business is facing challenges, we provide guidance on business restructuring, including assessing organizational structure, optimizing operations, and implementing cost-saving measures. Our aim is to help you improve efficiency and enhance profitability.

Financial Forecasting and Budgeting

We assist you in developing accurate financial forecasts and budgets to effectively manage your resources. Our consultants help you set realistic financial targets and monitor performance against those targets.

Cash Flow Management

We analyze your cash flow patterns and provide strategies for effective cash flow management. We help you optimize cash flow, improve working capital, and ensure financial stability.

Business Performance Review

Our team conducts periodic reviews of your business performance, analyzing financial statements, key metrics, and operational efficiency. We provide valuable insights and recommendations for continuous improvement.

2- Business Setup

If you are planning to start a new business, our experts can guide you through the business setup process, ensuring a smooth and efficient start. Our services include:

Business Setup

Legal Structure Selection

We help you determine the most suitable legal structure for your business, whether it's a sole proprietorship, partnership, limited liability company (LLC), or others. We consider factors such as liability, ownership, and taxation to make the best choice for your needs.

Licensing and Registration

Our consultants assist you in obtaining the necessary licenses and permits required for your business. We navigate the regulatory landscape and ensure compliance with all legal requirements.

Business Documentation

We help you prepare the required business documentation, including memorandum and articles of association, shareholder agreements, partnership agreements, and other legal documents.

Financial Setup

Our team assists you in setting up proper accounting systems, chart of accounts, and financial processes to ensure accurate record-keeping and compliance with financial regulations.

Tax Planning

We provide tax planning advice during the business setup phase to optimize your tax structure and ensure compliance with tax regulation.

Business Support Services

In addition to the setup process, we offer ongoing support services such as bookkeeping, payroll management, and financial reporting to help you focus on core business activities while ensuring financial transparency. Our business consultation and setup services aim to provide you with the necessary guidance and support to establish and grow a successful business. We are committed to your success and work collaboratively with you to achieve your business objectives.