Accounting consulting in Brazil: 3 signs that your company needs to hire one

Accounting consulting in Brazil is the aspect of accounting that takes care of strategically assessing the needs of companies whose goal is to obtain better results.

However, in companies already established in Brazil, managers do not always have the right timing to resort to consulting. Due to lack of experience, training or resources, they end up leaving to ask for help when they are on the verge of a financial calamity.

Accounting consulting in Brazil also helps foreign businesses in the initial phase, a period that is always critical and that demands maximum attention for aspects such as working capital, cash flow and the form of taxation.

So, check out the information below and find out if your business needs an accounting consulting in Brazil.

1. Business plan not implemented is a sing that you need hire an accounting consulting in Brazil

The business plan is one of the fundamental steps that precede the opening of a company. After the business starts, this plan will naturally be improved. After all, there are always unforeseen events and fluctuations in the market that force us to correct the route.

In order to be effective, this plan must be developed on a realistic basis, have tangible goals and provide the necessary resources for its realization.

In companies without the support of accounting consulting, it is common for the business plan to have gaps that prevent its full effectiveness, especially in the fiscal area, which, given our complex legislation, most managers do not dominate the subject.

2. Disorientation about fees and taxes

The Brazilian tax system, although it has been modernizing, is still one of the most complex in the world. It is no wonder that the weight of the tax burden is indirectly responsible for reducing profitability, with an emphasis on SMEs, always the most sensitive to taxation.

Faced with a complex scenario, one cannot imagine that it is possible to bear so many responsibilities without the help of professionals.

Those who try to do it in another way invariably end up penalized, either by reducing the profit margin or by the sanctions imposed by the tax authorities, when they fail to comply with what is provided by law.

3 – Questions about investing or cutting expenses

A dilemma that afflicts businesspeople who invest in Brazil is knowing how to identify whether the business needs investment or cutting expenses.

After all, if investing means more money coming in, then it is a sign that spending will be reduced, right?

In contrast, by eliminating costs, more resources will be available, which also means more cash on hand and a larger budget.

In theory it would be perfect. However, practice shows that the first step to be taken is always the elimination of costs.

Investing in a new business front necessarily implies contracting new expenses, which need to be very well identified in advance.

Planning means knowing, first, the resources needed to materialize an idea. Therefore, there is nothing more coherent than thinking about cutting, and then investing.

Are you looking for an Accounting Consulting in Brazil? Talk to GESCON!

We have personalized services for global companies operating in Brazil

GESCON provides professional services in Brazil oriented to dynamic companies seeking growth. Our services are customized for multinational corporations, with constant focus on the current dynamics of the Brazilian market which is gradually more similar to the world market as a whole, in terms of both competitiveness and a constant search for excellence.

We want to help you make the correct choices in Brazil

GESCON’s strategy is based on services customized to the unique needs of our clients. Our rate of use of Managers and Directors in relation to our operational staff allows us to provide excellent services under the constant and direct supervision of the highest-level personnel.

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