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Showing posts from October, 2024

Financial Advisory Roles of a Chartered Accountant

Introduction Did you know that 70% of small businesses seek the advice of a financial advisor to navigate complex financial landscapes ? If you’re running a business or planning to start one, the insights from a Chartered Accountant (CA) can be invaluable. They don't just crunch numbers; they serve as strategic partners who can help guide your financial decisions and drive your business forward. In this article, we’ll explore the various financial advisory roles that a Chartered Accountant plays, showing you how they can be an essential asset to your business. 1. Business Planning and Strategy Crafting a Financial Roadmap One of the primary roles of a Chartered Accountant is to help you craft a robust business plan. They can assist in outlining your financial goals, identifying potential risks, and developing strategies to achieve your objectives. Whether you're starting a new venture or looking to expand, a CA can help you create a financial roadmap that aligns with your busin