Tax compliance, general accounting, and restructuring financial systems are some of the areas where growing small and medium sized businesses regularly need support.
BLP quality approved HLB Mann Judd, based in Fiji, is a chartered accounting firm that provides growing businesses with reliable business advice and services.
“Small and medium sized businesses don’t have to worry about where to go and ask for help. They can simply visit any of BLP’s professional and quality advisors and get the business advice they need, and HLB Mann Judd is waiting to lend a hand. There is always a light at the end of the tunnel.”
In our latest blog, Prasnil Chand, HLB Mann Judd’s IT Solutions Manager shares insight into the role quality business advice plays in enabling private sector growth in the Pacific.
HLB Mann Judd has been operating in Fiji for more than 23 years and is a member of HLB International, a fast-growing network of independent professional accounting firms and business advisors. The organization with its solid proven track record in traditional accounting, auditing and taxation also offers specialised financial advice and assistance to help new investors in Fiji become established.
“Small businesses really don’t have an idea of where to go, who to talk to and what to do for relevant financial business assistance,” says Prasnil Chand, IT Solutions Manager for HLB Mann Judd.
According to Prasnil some common challenges faced by most small and medium sized businesses include limited financial literacy; feeling overwhelmed by financial jargon; insufficient or poor communication with business advisory service providers; heavy reliance on free government handouts and an inadequate availability of quality business advisors.
HLB Mann Judd is passionate about helping small and medium sized businesses in Fiji develop, grow and contribute to the country’s economy. In some cases where clients don’t qualify for services because of financial constraints, BLP offers a gateway by which HLB Mann Judd can offer their services at a cost effective rate, made possible by the BLP Subsidy Scheme.
Prasnil believes that growing businesses must employ the right mindset to be more competitive, as it’s all about taking risks.
“Small and medium sized business owners must have an open mind to cater for constant changes. They need to be trained to have the right mindset to accommodate constantly evolving financial business updates.”
Right now HLB Mann Judd are working with a selection of small and medium sized businesses in Fiji including, Kashmir Transport Co Pte Ltd, RPA Group, Club Fiji and Sheepskin Leather Factory Fiji Ltd.
Working with BLP has helped Prasnil to move from focusing almost solely on normal accounting to positioning himself as more of an advisor; he now has a broader scope of work.
“It has helped me grow from one stage to another. We are now moving away from punching numbers and compliance matters to full-on financial and strategic advisors, and BLP has really helped HLB Mann Judd to make this transition with growing businesses,” he said.
For more information about the BLP programme and to see if your business is eligible for our support, contact: Kitione Nadaro [email protected]