It is known that management consulting firms characterize more than half of the consulting industry in the world. Most players in the market are either firms that specialise in management consultancy or organisations with a business unit that offer management consulting services.
When we talk about the later, that is organisations with business units that offer management consulting services, it mostly concerns large IT service providers who often deliver the implementation of support to a service or recruitment firms that outspread their recruiting and provisional services with HR advisories or temporary employment agencies who add upscale consulting services to their temp and contracting portfolio.
If we take numbers into consideration, a large part of the market consists of freelancers. These include freelance management consultants who are as active and dynamic as independent advisors or contractors.
Management consulting is a broad term that inculcates a diverse plethora of disciplines and varies from organisation to organisation based on the capacity of advisory required.
Most companies, especially small and medium enterprises (SMEs) require a body or person to offer professional advice and help implement services to the top level management of an organisation to ensure effective execution of an organisation’s strategy, improve the business entity’s performance & the operational processes.
Management consultants are essential to organisations that need help with the strategic and operational side of things. They can develop new strategies to realise the growth of your organisation by recommending innovative solutions or cutting costs on overhead or manpower. In some cases, management consultants are also required to implement a proposed solution. This is where we step in – we take care of all the activities required to grow your business, be it in the form of strategy or implementation of it.
The assignments can vary – from refining and scaling the efficiency of business processes, implementing tried and tested IT systems to outsourcing non-core tasks and optimising the supply chain of a firm. Generally, management consultants remain involved in decisions and execution of projects until change transitions are complete and fresh or new ways of working have become part of the business operations.
We at SIA do more than just give advice. As a Management consulting firm, we conduct a broad series of activities which range from studying data of your company, proposing solutions to hiring, training, and implementing strategies.
One way to classify the activities of our services lies in the area of expertise. For instance, some companies specialise in competitive anlaysis, market research, corporate strategy whilst others specialise in human resource or operations. We however, specialise in all services. In practise, our plethora of services act as a convenience to our end customers as it is more efficient and effective. Since the competitive sphere is only growing, organisations prefer consulting firms that offer competitive packages and effective business solutions.
For more information on how we can help your business grow, you can give us a call or connect with us here.
View our 2020 Business prospectus of the brochure for an easy-to-read guide on all of the services offer.
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Sia Auditors is a top audit firm in UAE specialized in audit, financial advisory, consultancy, product pricing, taxation, and more.
Bookkeeping is a vital part of accountancy. If you want to have an accurate view of your business finances then your Sigma account must be up to date each month. Once your account is up to date, you’ll know exactly how much tax you owe and the amount of dividends you can take from your company. Your account must be up to date for us to be able to produce important documents such as your annual accounts, personal income (on Form P11D(b) and Form P60) and to complete your annual Self Assessment Tax Return. You might also need to bring your accounts up to date to apply for a loan or a mortgage.
This will really depend on your on the size of your organisation and your needs – we’ll look at the number of transactions and help you decide the amount of bookkeeping support you need. This will be based on how many bank accounts, or credit cards you use and how many monthly transactions you record as a business.
We’ll complete the bookkeeping necessary to reconcile your company’s accounts up to the end of its accounting period. Our expert accountants will then prepare your Accounts for you to review and when approved we’ll submit them to HMRC and Companies House in the shortest possible time. The cost and timescales will be confirmed to you in a personal quote.