Message from the Chairman:
Greetings from HUSSAINS Business Consultants Ltd. (HUSSAINS)! Hope you are doing well!
If I may share with you my two-decade long professional business experience, I think the best example I can give you how a company and its owners fall victim of stress mainly from competition, financial mismanagement, government regulations and employee costs. I’ve seen many companies fallen for not taking care of the above business issues in time. In the cases of the failed companies, unnecessary spending of marketing budget (sunk cost fallacy) by throwing good money after bad marketing ideas in the false hope to combat competition by showy marketers comes in sight. In those companies, financial advisors being too timid to whistle-blow expedited the collapse. In financial management, they forgot to apply the fundamentals of money management- i.e., cut your coats according to your clothes (matching principle of accounting to match business costs with earned revenue). There are instances of over-activities of over-zealous management on borrowed money ignoring the importance of being rational. Government regulations in the forms of TAX, VAT & Customs duty eventually penalized those mismanaged companies because the regulators simply understand the matching principle (e.g, match income with bank statements, match expenses with tax deduction and real proofs. If not matched, add back these items to income to tax and duty at applicable rates!) Obsessed, overconfident, self-centered employees took the advantages of the leniency of the owners’ entrepreneurial spirit and trust. Agency-costs prevailed. All these result in STRESS for the owners of a company. Wrong advice worsened the situation. As Sophocles rightly said, “No enemy is worse than bad advice”.
HUSSAINS can remove your business stress by its team’s experiences, techniques and actions. We diagnose the business (Business Health Check) firstly to identify the area(s) for immediate improvement to prevent your business collapse. Our team, well trained with national and international experience, is focused. We find pleasure in your smiles for your business success. Unlike many professional firms, HUSSAINS team is habituated attentive business professionals. Since our establishment in 2012, we have worked and solved business issues of 40 companies in the areas of financial reporting, bank loan processing, corporate Tax and VAT planning for satisfactory assessments, advisory for sales/revenue growth and outsourcing key processes to reduce operational costs.
Tofazzul Hussain M.com, FCA, CMC
Lead Consultant & Chairman
HUSSAINS Business Consultants Ltd.
Solving Your Business Problems.
in the field of accountancy, TAX, VAT, finance, corporate law and labor law (HRM).
Solving Your Business Problems by HUSSAINS.
We Know What We Do
Some of Our Clients