Malacon Business Services

FAQs

1. What financial consulting services does Malacon Business Services offer for small businesses?

Malacon Business Services specializes in financial consulting for small businesses, including cash flow analysis, budgeting, financial forecasting, credit recovery, and investment readiness. Our solutions are designed to unlock growth and improve long-term financial health.

2. How can Malacon Business Services help me with small business accounting?

We provide end-to-end accounting support—from bookkeeping and financial statement preparation to tax compliance and financial audits. Our accounting services for small businesses ensure you stay compliant while gaining clarity on your financial position.

3. Do you offer financial advice for entrepreneurs and startups?

Yes! AFB Consulting helps entrepreneurs build strong financial foundations. We offer business planning, startup funding advice, and financial strategy sessions that guide you from idea to scale. We also prepare comprehensive Business Plans and any needed projections. We understand what the Banks seek when requesting certain documents to complete the Bank account opening or loan process.

4. Can AFB Consulting assist with preparing financial statements?

Absolutely. We create accurate and audit-ready financial statements, including income statements, balance sheets, and cash flow statements for small companies, helping you secure financing or meet compliance requirements.

5. What are financial projection services, and why do I need them?

Our financial projection services help you forecast revenue, manage expenses, and plan for growth. These forecasts are especially useful when applying for loans, attracting investors, or budgeting for expansion.

6. What’s the difference between financial consulting and advisory services?

Financial consulting solves specific challenges (e.g., cash flow, budgeting), while financial advisory services offer ongoing strategic guidance. AFB Consulting provides both, and we customize services to your business stage and goals.

7. Do you assist with opening business bank accounts in Barbados or internationally?

Yes, we provide hands-on assistance with selecting and setting up the most appropriate business bank accounts, including local and international options. This includes gathering documentation and liaising with financial institutions.

8. What is credit training for businesses, and who is it for?

Our credit training services are ideal for businesses that want to improve staff skills in credit evaluation, risk management, and collections. We offer beginner to advanced credit training for credit officers and finance teams. We tailor our training programs to fit your needs and budget!

9. Do you provide customer service training for financial institutions?

Yes. Our customer service training is designed for banks, credit unions, and financial service providers looking to enhance client experience, reduce churn, and increase customer satisfaction. We can review your specific customer complaints and create training programs to improve your overall customer service experience.

10. How can I recover my business credit score?

AFB Consulting offers customized credit score recovery advice for businesses. We help you analyze credit reports, resolve outstanding debts, and build a strategy to improve your credit score and access better financing.

11. Is your company’s tax management consulting service right for me?

Suppose you run a small to medium-sized business and want to reduce tax liabilities, stay compliant, or plan your taxes strategically. In that case, our company tax management consulting services are a great fit.

12. Where are you located, and do you offer remote consultations?

We are based in Barbados but serve clients across the Caribbean and internationally. Our consulting services can be accessed remotely via video call or email.