Why is there always good advice behind a great company?

Companies have many legal, accounting, or tax-related movements, and each of them requires its correct specific treatment, so resorting to an eternal advisor is usually the most recommended option.

June 12 2017 (10:35 WEST)
Why is there always good advice behind a great company?
Why is there always good advice behind a great company?

Currently, many SMEs have decided to outsource many of their departments; the communication department, hiring an agency, or the accounting and/or legal department, relying on a business consultancy.

Why is it outsourced? In many cases, it pays off economically, but, above all, and almost always more importantly, because it is usually easier to find an expert who dedicates themselves exclusively to a task, performing it more accurately than someone from the same company, whose specific knowledge may be more limited, as well as the time dedicated to that particular task.

And it is well known that in small and medium-sized enterprises, the functions of the staff are not usually very well defined. You can often hear "here we all do everything". You can't do everything, but you can do a lot of almost everything.

And this flexibility of tasks often becomes a differentiating factor for SMEs whose teams are more cohesive, more in tune, and the work environment is usually much more positive, which results in productivity and improved results for the company in question.

Throughout the year, the organization's activity not only generates the updating of the accounting book, the back and forth of invoices, but also participates in projects in consortium with other companies, has loans in banks, holds events and sponsorships, and can hire new people or fire those who are already on staff.

Companies have many legal, accounting, or tax-related movements, and each of them requires its correct specific treatment, with all the peculiarities that they may have.

That is why they rely on the help of consultancies that have extensive experience in managing each of the aspects that come into play in a single field of the company's activity.

Companies have the responsibility to carry out their work correctly with the various agents with whom they interact: suppliers, employees, customers, and, no less important, with the administration, society, and the environment.

Each of the links that unites the organization with the actors mentioned must be treated administratively and/or bureaucratically in a meticulous and professional manner because any misstep can cast doubt on the credibility of the company and, therefore, can shake its results.

These are the reasons why having a good consultancy becomes an objective as important as increasing sales, because in a company everything adds up and all areas, external or internal, are interdependent.

On the other hand, in addition, with the consolidation of the internet and the development of new business management tools, it has been possible to strengthen the relationship with outsourced departments, improving joint work and promoting efficiency in tasks, which means that there is more time and resources to dedicate to activities that have the direct objective of attracting customers.

Most read