BN Legal & Financial Consulting

Every business needs a combination of these services depending on its size and the sector in which it operates. A strong financial structure ensures not only survival but also success and business expansion in the market.

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Essential Financial Services for a Business

Financial management is one of the key factors that determine the success or failure of a business. Every business, regardless of its size and sector, needs a clear financial structure to ensure stability and long-term growth. Below are the most important financial services a business needs, which our company offers:

PROCESS

Financial Planning and Budget Management

01

Financial Planning and Budget Management

Importance: A solid financial plan helps allocate resources, forecast revenues and expenses, and manage liquidity. Included Services:
🔹 Creation of an annual and long-term budget
🔹 Analysis of financing needs
🔹 Monitoring cash flow to avoid liquidity shortages

02

Accounting and Financial Reporting

Importance: Ensures compliance with tax laws and helps in making informed decisions. Included Services:
🔹Bookkeeping according to national and international standards
🔹Preparation of financial statements (balance sheet, income statement, cash flow statement)
🔹Financial reporting for investors, banks, and tax authorities

03

Cash Flow Management

Importance: Liquidity is vital for the daily operations of a business. Included Services:
🔹Monitoring and optimizing cash inflows and outflows
🔹Strategies to improve cash circulation and avoid payment delays
🔹Advice on credit management and timely financing

04

Tax Advisory and Legal Compliance

Importance: Reduces the risk of penalties and ensures tax burden optimization. Included Services:
🔹Payroll tax declarations for employee income
🔹Declaration of taxes and social security contributions
🔹VAT declarations, corporate tax, and other relevant taxes
🔹Annual income declaration for individuals with a gross salary over €1,200 and/or those with dual employment (DIVA)
🔹Accounting for customs invoices and reconciliation with customs authorities 🔹 Representation in tax audits and inspections

05

Securing Financing and Investments

Importance: Businesses often need external financial resources for expansion and innovation. Included Services:
🔹Advisory on obtaining bank loans or investor funding
🔹Business plan development and feasibility studies for financing applications
🔹Analysis of investment returns and debt management strategies

06

Risk Management and Insurance

Importance: Helps protect the business from unforeseen losses. Included Services:
🔹Identification of financial, operational, and market risks
🔹Consultancy on property insurance, liability insurance, and employee insurance
🔹Development of strategies for financial crisis management

07

Financial Technology and Automation

Importance: Increases efficiency and reduces operational costs in financial processes. Included Services:
🔹Implementation of accounting software and financial ERP systems
🔹 Digitalization of invoicing and payments

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