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5 Important Questions You Need To Ask Your Business Consultant

A business consultant plays a major role on the success of their client’s trade. Their sound advices can help these aspiring entrepreneurs to navigate the business world. Their knowledge of the industry can provide assistance and aid to companies going for Dubai freezone company formation.

But as clients, it is your responsibility to provide these consultants with the right information and have the initiative to ask important questions to further your cause. Here are some of the most important inquiries that you need to ask your business consultant:

  • What is your specialization?

As early as the initial consultation, you need to ask what a business consultation can bring to the table. From their specialization, you will be able to tell what kind of task you can have them take on. But it is also important that you know what you need in terms of business consultation. This will help you narrow down your options and hire the right business consultant for your business.

  • What is the process for registering a business?

You can gauge the knowledge of the industry of a business consultant by asking them the process of how to register offshore company in Dubai. As a consultant, he/she should be able to walk you through the process of having your business registered and what are the requirements that you need to comply to be able to get your business registered and how to make it legit. You also need to ask what are the different legal structures applicable for your business and what are the pros and cons of each.

  • What is your consulting method?

It is important for the client to know what is the process and method of consultation that the consultant will apply. This is important since you need to know if their method is effective to yours. Is he/she collaborative? How will he/she execute his/her plan?

  • What kind of information you need?

A business consultant should be able to give you a list of requirements they would be needing from you so they can create a solid strategy for your business. But you also need to ensure that these documents and information will be confidential. Asking them to sign a non-disclosure agreement before they start should be part of the terms and condition.

  • How should we pay you?

This is definitely considered a big elephant in the room, but it should be addressed before a consultant start with his/her job. Each consultant follows a payment structure for their services. It would be best to ask the consultant and see you agree with their payment structure.