Step 1: Review Financial Data – Examine financial statements, cash flow, budgets, and forecasts. Accurate data forms the foundation for sound advisory services and ensures recommendations are relevant and realistic.
Step 2: Analyze Options and Risks – Evaluate investment opportunities, funding options, and cost structures. Consider risk exposure and potential returns to provide well-rounded guidance.
Step 3: Recommend and Support Decisions – Present actionable advice to management or clients. Help interpret findings, select strategies, and implement decisions with measurable outcomes.
Conclusion: Financial advisory guides businesses in making informed, risk-aware decisions. Reviewing data, analyzing options, and supporting implementation ensures financial efficiency and growth.