Corporate Services

Business

Making Business Tax, Auditing & Cooperate Finance Easy

Amp up your knowledge about your own business by letting our management consulting services undertake a multi-dimensional business analysis. It will help you improve the way you do business by uncovering problems and therefore helping to come up with creative solutions. We can assist you in detecting opportunists in your industry and lead you to achieving it. It will identify the requirement for change and therefore maximize the value to your stakeholders.

Steps involved in Business Analysis can be:

A comprehensive business analysis includes all the operational departments of the enterprise.

Financial Reporting

For most companies, the year-end can be a difficult time, as many accounting requirements need tending to. Make your annual chaos simple and stress-free by leaving your financial reporting to our accounting services in Dubai. Well-prepared financial documents and accounts not only paves the way for a well-earned reputation with the government, but it also sets you apart in the industry. Not to mention the magnetizing effect it has on new investors, as well as keeping old ones loyal.

CFO Services

Hiring an experienced CFO can provide you with the kind of valuable information that your accountants simply cannot, no matter how good they are with bookkeeping Dubai or other accounting skills. However, an experienced CFO won’t come cheap so why not outsource one with us?

Our management consulting services can help you capture a true picture of the industry you are operating in, sketching out risks and opportunities that will help you make better financial decisions. Our dedicated CFO can help you:

Construct a system of check and balances to guarantee that tasks are correctly completed in a timely, legal manner.
Guide your team, enabling them to provide you with financial and operating insights -allowing you to make powerful strategic decisions.
Craft a compelling, substantive financial picture by making sure you have a complete and accurate financial history and projections. This will attract investors and banks to invest, which will help business growth.
Make sure your company follows all financial regulations.

Business Valuations

Business valuation is a critical aspect of corporate finance, particularly when a company is considering selling all or part of its operations or engaging in mergers and acquisitions. It involves determining the current value of a business through objective measures, considering various aspects such as management, capital structure, future earnings prospects, and asset market value.

Valuation methods can vary depending on the evaluator, business type, and industry. Common approaches include analyzing financial statements, discounting cash flow models, and comparing with similar companies.

Our Valuations Team can help answer important questions such as:

What is the current market value of my business?
Which valuation methodology is most suitable for assessing my business’s value?
What are the key drivers of value, and how can I enhance value in the future?
If I have a target valuation in mind, what steps do I need to take to achieve it, and what is the timeline for this process?

With our expertise, we provide comprehensive insights to guide businesses in understanding their worth and making informed decisions for strategic growth and transactions.

Valuation Analysis

Our valuations team possesses extensive cross-sector experience and has recently undertaken valuations related to IPOs, significant capital raises, and purchase price allocations.

In our valuation analysis, we utilize two widely accepted approaches:

Income Approach
Market Approach

These approaches are considered based on the nature and characteristics of the subject business, as well as the objective of the valuation analysis. The most appropriate approach, or combination of approaches, is determined to ensure accuracy and relevance in valuing the business.

Merger and Acquisition

Expansion through acquisitions can often present a more attractive and efficient growth strategy compared to organic growth. We offer our clients expert guidance on whether acquiring new businesses aligns with their objectives, and if so, we support them through every stage of the process, from planning and negotiation to financial closure.

Our approach to selling a company involves a meticulous assessment of potential buyers and a targeted outreach to a carefully researched list of prospects. This approach ensures confidentiality throughout the sale process, minimizing disruptions to ongoing business operations.

Prepare the Company for Salel

Our team will support you in building a comprehensive business plan, ensuring that the company is primed for sale, and determining a potential valuation range for the transaction.

Buyer Identification

Utilizing our deep understanding of the company, we will compile a targeted list of potential purchasers, focusing on those who perceive the company as a strategic complement to their existing portfolios.

Circulate the Documents

Once the list of potential purchasers is finalized, we will approach them on a confidential basis to gauge their interest and negotiate confidentiality agreements on your behalf. Upon signing these agreements, we will share pertinent information and assist in evaluating non-binding offers received.

Buyer Due Diligence

After shortlisting suitable buyers, we will oversee the financial and legal due diligence process by establishing a secure data room, and facilitating interactions with potential purchasers, including negotiation strategies, overall deal pricing, and transaction structuring options. Additionally, we will review and provide feedback on third-party due diligence reports and assess binding offers.

SPA/APA Signing

In this phase, we will help prioritize binding offers and proceed toward finalizing the sale agreement and addressing post-closing matters to ensure a smooth transition.

Business Plans

Benefit from our business advisory services to make a constructive business plan, tailored to your specific needs, which can be broken down in smaller, easy-to-follow steps for your employees. Senior experts will start with conducting thorough market research, thereby drawing up financial models and strong strategies. Our teams can help you critically assess your business situation and analyse the market, identifying opportunities for further business progress. A complete business plan includes but is not limited to the following:

Feasibility Studies

Allow our highly practiced financial experts from our company setup in Dubai, to analyse your project proposals and help chalk out the information that investors require to base their decisions on. We can help you:

Our experts provide detailed insights for the following:

Diagnostic Analysis

A diagnostic analysis uses different analytical tools that help deeply scrutinize the inner workings of your business to unveil the hidden problems, which may be holding you back from success. Our business advisory services may help to identify reasons for unsatisfactory performance and provide recommendations that will help improve operations. Diagnosis can be through numerous methods such as document review analysis, data collection methods, in depth interviews with internal and external personnel, etc.

Financial Analysis

Sometimes it’s difficult to fully understand your business from the inside-out. Therefore, benefit from our expertise in accounting services in UAE to draw up a financial analysis report, which may unearth strengths and weaknesses in your business that you are unaware of. This valuable information will help you understand your business and attract potential investors. It will involve:

Business Analysis

Steps involved in Business Analysis can be:

A comprehensive business analysis includes all the operational departments of the enterprise.

Financial Dashboards

Tired of boring old pie charts at board meetings? Collaborate with our team to create a creative and productive financial dashboard for quick visual comparative analysis of key performance indicators and trend diagrams, all on a single page. Dashboards can provide a synopsis of your liquidity and current cash flow situation, therefore giving you a quick overview of KPI’s like quick ratio, current ratio, cash balance, and outstanding debts in real time. Better and updated information means better and faster decisions.

Benefits of the Financial Dashboard

Our experts use best available tools to prepare the customized financial dashboard based on the management preferences.

Customized Financial Reporting

If most of your business operations or promotions take place online, it might be time to invest in this feature to monitor the success of your businesses Financials. Outsource this job to ThinkBiz and see how the financial value of your business accelerates.

The available business reports may not always show the management what it really needs, i.e., Sales Reports by location, person and product. Our expert team can utilize the available financial data to prepare the required financial reports for the management – allowing them to take informed decisions each step of the way. Our customized reports can provide your business with comprehensive data every month, including:

Here is how Customized Financial Reporting can benefit your business:

Time Savings

Though financial reports are extremely crucial for decision-making, they can also tend to be very vague if they do not provide valuable insights into the company’s operations. Our experts take all the raw data and process it to bring forward practical solutions that can be implemented straightaway. This saves you an incredible amount of time that can be used in the actual implementation phase to boost your business.

Improved Efficiency

With valuable insights and practical solutions in hand, you are better equipped to take informed and impactful business decisions that drive immense value in the long run. This also provides you an opportunity to fix the loopholes that are damaging your business.

Cost Reduction

ThinkBiz takes your financial analysis reports and analyses all your business areas to craft value-driven solutions that boost operational efficiency. Therefore, you won’t have to hire another employee or pay additionally to get the data processed, evaluated and implemented.

Reduced Fraud & Risks

For sound decision-making, accurate financial data is integral. Inaccurate finances can lead to bad decisions, higher risks and may even land you in legal troubles. With years of experience in the financial industry, ThinkBiz ensures your company remains free from fraudulent encounters and potential risks by providing accurate financial analyses and extensively customized reports that are 100% error-free – significantly improving business outcomes.

Accounting Policies

Our financial reporting support team can help you to identify the effect that changes in standards will have on your accounts and help you deal with any consequences. We see ourselves as an extension of your finance team, advising on the optimum accounting policies for your business.

This enables us to maintain our focus on helping you manage change, safeguard compliance, and optimise the quality and efficiency of your accounting function, no matter where or how you do business. Here are a few of the services we can help you with:

Here are few benefits of having written Policies & Procedures:

Reduce employee training time. Training-related SOPs help standardize orientation and training.
Maintain consistency across the board.
Reduce errors and enhance productivity.
Meet legal/Compliance requirements.
Establish a chain of command.
Transfer work easily.
From the Value Added Tax (VAT) perspective, it is always better to have all your business processes documented, as it protects you from many operational issues that may cause you penalties of non-compliance in the long run.

Internal Audit

Did you know that as per the Federal Law (No. 2/2015) and the UAE Commercial Companies Law, each company is obligated to assign a licensed auditor for the tracking of their financial affairs? So why not invest in our expert internal UAE Auditors? We will help identify and correct the anomalies in your processes to avoid needless scrutiny from outside auditors or regulatory agencies. Our Auditing Company in Dubai is competent enough to objectively evaluate your business’s financial and operational activities, including corporate governance. This includes:
Reaffirmation of your company’s accounting records according to the standards of UAE and in full compliance with GAAP, IAS and IFRS
Organizational, operational, and financial audit under statutory and international regulation
Making sure that there is disclosure of all material matters related to the proper presentation of the financial information.

External Audit

External auditing is the process of ensuring that the financial records and operations of a business firm are accurate by employing the services of an external auditor. External auditors are accountants who work independently of an auditing firm. External auditors are necessary for all businesses to remain compliant with the laws of the government of the UAE. It can help to sort out current or impending issues, if any, and confirm the financial claims of the organization to be true. It is commonly known that the auditing of a company needs to be done only because it is mandatory by law. In fact, the Regular Audit serves greater purposes than compliance with Law. One of the main advantages is to have regular audits to understand the annual results of a business and make necessary decisions and controls for future. Think Biz’s expert professionals are determined to get the maximum benefit for clients from the audit process.

Financial Service

The range of financial services, we provide, includes Fund Accounting, financial as well as management reporting and Debt servicing. We have qualified team of Finance professionals who are dedicated to provide service with high emphasis on quality and accuracy. Our purpose is not to do just accounting but also to identify, access, rectify gaps and streamline the operations to cope up with dynamic needs of the evolving financial industry.