| Q: |
"I have very loyal employees and I am loyal to them. Is it true that
consultants will come in and fire my staff?"
|
| A: |
We believe employees are a company’s greatest asset. As a result we work with
existing employees to maximize each individual’s productivity. We are not
"hatchet men" and believe in working to enhance your existing staff’s overall
performance.
|
| Q: |
"I do business with many local vendors and I do not want them or competitors
to know I have cash flow problems. Do you share my business information?"
|
| A: |
We understand and are sensitive toward client confidentiality issues. As a result,
all work is done on your premises and kept strictly confidential. We do not sell,
barter or release any client information.
|
| Q: |
"Why is it important to have my historical financial information available
for the analysts and consultants?"
|
| A: |
Both senior business analysts and management consultants collect, review and
analyze historical and current financial information in order to establish
quantitative and qualitative costing of specific business challenges. As a
business owner, it is important to have information at your finger tips. If
you can’t measure it, you can’t manage it. The first step is to identify where
you have been, where you are now and most importantly, where you want your
business to be within the next 12 months. It is a tool that affords, you, the business
owner to benchmark performance and have timely information to make
informed business decisions.
|
| Q: |
"How did your company find me?"
|
| A: |
We utilize many sources to obtain business information, from several
established business directories and client referrals to business information
databases such as Dun & Bradstreet.
|
| Q: |
"What credentials do your consultants have?"
|
| A: |
The minimum requirements to qualify for employment as a consultant with IPA
is a BA/BS degree from an accredited college and a minimum of 10 years
direct business experience in mid to upper level management positions. A
significant number of our staff possess Masters degrees and some have earned
Doctorate degrees in addition to the numerous professional certifications
across multiple industries and disciplines.
|
| Q: |
"Is management consulting a tax deductible expense for my business?"
|
| A: |
According to the IRS, for an expense to be deductible, it must be "ordinary and
necessary." An expense is necessary if it is appropriate and helpful to the
business. See IRC§162 and 212.
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