CORPORATE FINANCIAL CONSULTING FOR THE SME: IN-HOUSE OR OUTSOURCE?
Should "in-house" staff be used on certain consulting assignments? Outsourcing may be the option to choose. This website provides guidance for the SME and helps with that decision.
Toronto, Canada (PRWEB) December 19, 2003 --Businesses want to make more money. The perpetual question - how?
Bruce Alexander, President of SINOIA Consulting Inc., is convinced that to significantly enhance profits SME's must follow this 3-point plan:
Firmly manage your company's cash flow,
Thoroughly plan for the future and
Employ a laser-like focus on company growth
On the "In-house" front:
The SINOIA web site (http://www.SINOIA.biz) focuses on growing SME's. It features an anonymous "Analyzer" designed to highlight corporate challenges. It is an interactive tool designed to allow you to extract value from the site without "giving up your first-born". Alexander says: " At SINOIA, we respect your privacy and see our relationship beginning when corporations use the "Analyzer". It's completely anonymous and there are no registrations."
In addition, SINOIA Consulting Inc. has developed some self-help tutorials on how to increase profits through increased cash flow "The SINOIA way" . You can download them from their site.
From the "Outsourcing" point of view:
A core element of SINOIA's business model is flexible pricing. Cost is a significant issue for SME's. Frequently, they complain that they end up handing consultants a "blank cheque". But, at SINOIA, the price is modified to your situation and set before beginning a project.
To determine which methodology is best for them, Alexander suggests any SME must ask themselves this question: "Do we have the talent to perform these tasks competently, with the time to perform it completely and the ability to perform objectively?" If the answer is "Yes" - then the In-house option can be followed. If the answer is "No" then the Outsource alternative must be sought.
Alexander stresses, "Companies can operate for a long time without a profit but cannot last very long without cash!"
SINOIA Consulting Inc. is a consulting firm focussing on the SME market. It specializes in cash flow planning, controlled growth and strategic financial planning.
Contact Information:
Bruce Alexander B.Comm., C.A.
SINOIA Consulting Inc.
Voice: (416) 286-4633
Fax: (416) 286-2649
http://www.SINOIA.biz
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