Business Advisory by Practical
Practical aligns the financial, tax, and where relevant, payroll consequences before your decision. Based on your figures, the right specialists work out scenarios, points of attention, and concrete follow-up steps.
You maintain control and discuss your question with a single point of contact.
What is business advisory?
At Practical, business advisory is an independent service for entrepreneurs, Director-Major Shareholders (DGAs), and boards who want to assess the financial and tax consequences of a major business decision in conjunction.
To this end, Practical connects available figures with tax advice, financial control, and, when relevant, payroll administration. This makes various scenarios, points of attention, and follow-up steps visible before the decision, while you maintain control.
Business advisory is relevant, for example, when investing, financing, hiring staff, internationalizing, adjusting a legal form or holding structure, and preparing for business succession, sale, or acquisition.
We start with the decision at hand and the information already available. Then we determine which specialists are needed and how the chosen direction can be practically implemented.
Which business decision would you like to discuss?
Briefly describe the choice you are facing, when you want to decide, and what information is already available. We will ensure your question reaches the right specialist.
When do you need business advisory?
Business advisory is particularly valuable before a decision that has consequences for multiple parts of your business.
For example, when you:
1. want to invest or finance;
2. hire staff or change compensation;
3. adjust your legal form, holding structure, or international activities;
4. prepare for business succession, sale, acquisition, or an important DGA choice.
Practical connects the available figures with the relevant financial, tax, and payroll expertise. This gives you insight into scenarios, points of attention, and concrete follow-up steps.
How is Practical's business advisory established?
We start with your decision and connect the available figures with the expertise required for it.
1. Your question: We determine which choice is at hand, what you want to achieve, and when you want to decide.
2. The figures: Administration, reports, and scenarios visualize the financial consequences.
3. The expertise: The relevant financial, tax, and payroll experts assess your options. Where necessary, we involve a specialized legal partner.
4. The advice
We compare the options and translate the chosen direction into concrete follow-up steps. Practical advises. You decide.
Practical experience
See how an entrepreneur experiences the collaboration with Practical when making decisions with financial and tax consequences. The video shows how figures, specialist expertise, and personal advice come together for the business.
From advice to execution
Advice only gains value when the chosen route is properly executed. Practical translates your decision into concrete follow-up steps and, where necessary, aligns changes in your accounting, payroll administration, and tax returns. You maintain an overview of what must happen, when, and by whom.
What is the difference between business advisory and financial advice?
Financial advice and financial control provide you with insight into, among other things, cash flow, results, forecasts, and scenarios. Business advisory starts with a concrete business decision and connects these figures with the tax, organizational, and employer consequences.
The services can be deployed separately but often reinforce each other. During an introductory meeting, we determine which expertise is needed for your question.
Frequently Asked Questions
What is the difference between business advisory and financial advice?
When is business advisory relevant?
Can Practical advise on a legal form or holding structure?
Can Practical collaborate with my existing financial team or advisors?
How are the costs of business advisory determined?
An important decision deserves a complete picture.
Investing, financing, hiring staff, restructuring, or internationalizing: a business decision often affects multiple parts of your organization.
Practical brings together the financial, tax, and employer consequences. This gives you insight into your options, points of attention, and follow-up steps before you decide.