Welcome to our FAQ page. Here you will find answers to our most frequently asked questions. If you still have questions about our services or the value we can bring to your business, please contact us for further information.
Frequently Asked Questions (FAQs)
Why should we hire a business consultant?
At Fincore we strongly believe all organizations should do what best they can do and outsource the rest. You should be using your time developing a business team, product and customer base. Whether it is creating a business plan or preparing a 5-year financial forecast analysis, we feel strongly that by using specialists you create something worthy of being associated with your company. Also by using a third party you’ll receive special insight into your business and be asked questions you may not have thought about before.
Why choose Fincore as opposed to other consulting firm?
Aside from our excellent service and positive results, there are two things separate us from most firms out there.
- The first is that while most consulting firms formulate an action plan and then withdraw from your company, we offer partnership services, which you will find us to be on your side on every step that can help you continue executing your successful action plan.
- The second reason lies in our commitment of strong customer service and customer satisfaction. All clients will deal with Founder/Managing partner during their consultation.
What size companies do you work with?
Our clients range from 2 – 200 employees and from pre-launch start-ups to small and medium size companies. One thing our clients have in common is that they come to us looking for help to identify opportunities to develop business strategies that save money and grow their business at the same time.
Which industries do you work with?
We have worked with different types of companies in different industries. Here’s a sample of the type of industries we provide services to:
- Trading & Contracting Companies
- Entertainment & Jewellery Outlets
- Cosmetics
- Fitness & Sports Outlets
- Restaurants & Food Outlets
- Fashion/Apparel Designers
- Real Estate
- Engineering Services
- Machine Automation
- Metal Fabrication
- Specialty Equipment Manufacturing
- International Parts Distribution
- Medical Training
- Commercial Laundry Services
- Financial Services/Brokerage Companies
- Amazon Sellers
- Ebay Sellers
- Printing & Advertisement Companies
- Website & Digital Marketing
How do you charge consulting fees?
We are a fixed price solution provider, who believes in providing ‘value’ to each of our clients and are committed to delivering results.
We provide our clients with a not-to-exceed cost estimate before beginning any work. No one likes surprises, so we work with our clients to understand their specific business needs and then outline our plan of action and the associated costs to implement those solutions. Furthermore, the value added is substantial. And the fees are small compared to the potential for further deterioration of your business.
What geographical areas do you service?
We serve our clients globally, through our independent and affiliated offices in USA, Qatar, India, Timor Leste. Our clients are located around the globe and we serve our clients through our local offices and also through online channels for helping those clients want to keep travelling cost to minimum.
Why would my company need a consulting firm?
Typically, our clients are experiencing one or more of the following scenarios:
- Wants to achieve cost efficiencies in Finance/Accounting function as burdened with its high staff cost and looking to outsource it to experts who provide real cost efficiencies, with value addition of an analytical decision-making reports on a monthly basis.
- Struggling with challenges or obstacles within their business that is holding their company back from achieving growth and higher profitability.
- Businesses who require Business valuation services for their companies whether they plan to exit, plan to buy or to understand their business worth.
- Business startup or established companies, who require financial services like financial planning & Analysis, financial modelling and Business plan preparation services.
- Startup or midsize companies looking to IT Services like website development, software development or Mobile app development . Our technology partners provide the best of bespoke solutions to your business needs.
- Struggling to identify and seeking improvement of value drivers which is critical for the long-term growth and success of the organization.
- Challenged by scaling their business or developing and implementing a growth plan that actually delivers intended results.
How can my company afford to hire a consulting firm if my company is already struggling?
We believe the answer is, how can you afford not to hire someone to help you, as typically business challenges only get worse not better. More importantly, you need to partner with a consulting firm that can actually deliver results that will positively impact your business and breathe new life into your company. That’s why our initial consultation with a potential new client is a no-cost, no-risk meeting where we can determine if we can provide a viable, cost-effective solution to you, and more importantly, you can learn more about our firm and whether we would be a good fit for you and your company.
Why would I need a business coach?
There are many reasons why a business owner or leadership team may need or wish to have a business coach, these include:
- accountability
- business mentor
- brainstorming or idea generation
- problem-resolution
- sounding board for key decisions
- strategizing or strategy development
What can I expect from the initial consultation?
Every potential new client meets with the founder of our company or a managing partner within our firm. This initial consultation is not a sales call, we want to provide full transparency to who we are as a company and have an open dialogue with you to determine how we might help your business. We do not try to be all things to all people, if we don’t believe we can solve your company’s challenges or meet its goals & expectations, then we are going to openly tell you that. Our firm is built on strong values and the belief that ‘our success is achieved by helping you be successful.’
Do you work with start-ups?
Yes, some of our clients are start-ups. If you’re an entrepreneur developing or refining your business model, identifying target markets, defining your brand, mapping your business operations, strategizing your company launch, or seeking expertise in launching your company, then our firm can bring significant impact and expertise to your start-up.
Do you write business plans?
Yes, our firm has experts who can help entrepreneurs develop all the key elements needed for a strong business plan.