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Business Analysis Questions & Answers

Q: "I do business with many local vendors and I do not want them or competitors to know I have cash flow problems. Do you share my business information?"
A: We understand and are sensitive toward client confidentiality issues. As a result, all work is done on your premises and kept strictly confidential. We do not sell, barter or release any client information.
Q: "Why is it important to have my historical financial information available for the analysis?"
A: Senior Business Analysts collect, review and analyze historical and current financial information in order to establish quantitative and qualitative costing of specific business challenges. As a business owner, it is important to have information at your finger tips. If you can’t measure it, you can’t manage it. The first step is to identify where you have been, where you are now and most importantly, where you want your business to be within the next 12 months. It is a tool that affords the business owner to benchmark his/her performance and have timely information to make informed business decisions.
Q: "How did your company find me?"
A: We utilize many sources to obtain business information, from several established business directories and client referrals to business information databases such as Dunn & Bradstreet.
Q: "What credentials do your Business Analysts have?"
A: At IPA, our Survey Services Directors and Business Analysts have a combination of degrees and/or business management experiences, and include Bachelor of Science, Bachelor of Arts, Master of Business Administration, Doctorate and Juris Doctor. Several also hold numerous professional certifications and accreditations across a multitude of disciplines such as Certified Public Accountant and Attorney. They are knowledgeable about "the business of business" and possess strong analytical skills.
Q: "Who determines ‘satisfactory completion’ of the business analysis?"
A: The fee for your business analysis is due and payable when you determine the analyst has identified the problems which exist in your business, the improvements possible in your business, and the estimated benefits of making the necessary recommended improvements. If you have not received value and benefit from the business analysis, you pay nothing.

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