Business Advisory Services Durban covers the work accountants do beyond compliance: budgets and forecasts, funding applications, business valuations, restructuring, buying or selling a business and part-time finance director support.
It is bought for a specific decision, so the scope should be defined by the decision rather than sold as a retainer.
What decision you are facing and by when. Advisory firms in Durban will quote against the actual scope.
Get Quotes From Accountants in DurbanWhat Advisory Work Covers
| Service | Typical trigger |
|---|---|
| Budgets and forecasts | Start of the financial year, or a funder request |
| Cash flow modelling | Tight cash, growth, or a facility review |
| Funding applications | Expansion, equipment purchase, working capital |
| Business valuations | Sale, shareholder exit, estate planning, disputes |
| Due diligence | Buying a business or taking on an investor |
| Restructuring | Loss-making divisions, group simplification |
| Turnaround support | Sustained losses or creditor pressure |
| Part-time FD or CFO | Outgrowing a bookkeeper, before hiring full-time |
| Succession and exit planning | Owner retirement or a family handover |
Funding Applications
Durban businesses approaching banks, the IDC, the NEF, SEFA or private funders are usually asked for the same core set.
- Three years of annual financial statements. Audited or independently reviewed where possible.
- Recent management accounts. Usually no older than three months.
- A three to five year forecast. With stated assumptions, not just a growth percentage.
- A cash flow model. Showing how the facility is serviced.
- Tax compliance status. A valid TCS pin.
- Security and shareholder information. Assets offered, plus personal balance sheets where sureties are required.
Applications fail more often on incomplete information than on weak numbers. Get the pack right before submitting anything.
Scoping The Engagement
- Define the deliverable. A valuation report, a funding pack, a board-approved budget. Not just advice.
- Set the deadline. Advisory work expands to fill the time available.
- Agree the fee basis. Fixed, capped or hourly with an estimate, and how success fees work if any.
- Confirm who does the work. The partner who pitches is not always the person delivering.
- Ask for a comparable example. Redacted, from a similar business or transaction.
Advisory work needs reliable historical numbers behind it. See Accountants Durban for firms that handle the underlying accounting.
Business Advisory Services Durban Prices
Indicative Durban ranges, excluding VAT.
| Service | Indicative range | Basis |
|---|---|---|
| Annual budget build | R8,000 - R35,000 | Once-off, per entity |
| Three-year financial model | R15,000 - R65,000 | Once-off |
| Cash flow forecast, 13-week | R8,000 - R30,000 | Set-up, then monthly maintenance |
| Funding application pack | R15,000 - R70,000 | Plus any success fee |
| Business valuation | R20,000 - R90,000 | Purpose and complexity driven |
| Buy-side or sell-side due diligence | R35,000 - R150,000 | Scope driven |
| Business turnaround plan | R25,000 - R120,000 | Severity driven |
| Part-time FD or CFO | R12,000 - R35,000 per month | Days per month |
| Strategy and board facilitation | R12,000 - R45,000 | Per engagement |
| Hourly advisory rate | R850 - R2,500 | Seniority dependent |
Indicative Durban ranges, not a quotation. Advisory fees are scope driven. Define the deliverable and the deadline before asking for prices, or the quotes will not be comparable.
Describe the decision you are facing and compare proposals from advisory firms.
Compare Advisory FirmsFrequently Asked Questions
What do business advisory services cost in Durban?
A budget build typically runs R8,000 to R35,000 excluding VAT and a business valuation R20,000 to R90,000. Part-time FD support is usually R12,000 to R35,000 a month.
What is a part-time FD?
An experienced finance director working a set number of days a month rather than full-time. Common for businesses between roughly R20 million and R150 million turnover that need senior finance input without the salary.
Will an accountant help with a bank funding application?
Many will. Expect them to build the forecast, prepare the pack and attend the lender meeting. Ask whether the fee is fixed, hourly, or includes a success fee on drawdown.
How is a business valued?
Commonly a multiple of maintainable earnings, a discounted cash flow, or net asset value, depending on the business and the purpose. The purpose matters: a valuation for a shareholder exit, a divorce and SARS are approached differently.
When should I get advice rather than just compliance?
Before a decision rather than after. Selling, buying, raising money, restructuring or a sustained drop in margin are the usual triggers.
Related Accounting Services in Durban
Accountants Durban is a free quote-comparison service. The accounting, tax and audit work is carried out by the independent firms and practitioners that quote you, and your engagement is with the firm you appoint. Ask each firm for its registration details, professional body membership and a written engagement letter before appointing anyone.
Business Advisory Services Durban. Compare advisory proposals from firms covering Durban businesses.
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