• Consultancy is a professional service provided by experts or consulting firms to help organizations improve their performance, solve problems, or achieve specific objectives.

  • Consulting services can vary widely, but common types include management consulting, strategy consulting, IT consulting, financial consulting, human resources consulting, marketing consulting, and more.

  • Consultancy services can provide specialized expertise, offer fresh perspectives, help identify and solve problems, improve efficiency and productivity, enhance decision-making processes, and ultimately drive growth and success for your business.

  • Consultants typically have advanced degrees or certifications in their respective fields, along with relevant work experience and specialized knowledge. They may also possess strong analytical, communication, and problem-solving skills.

  • When choosing a consultancy firm, consider their experience, track record, expertise in your industry or specific problem area, client testimonials, and the compatibility of their approach with your business culture and goals.

  • Banks typically offer services such as deposit accounts, loans, mortgages, credit cards, investment services, retirement planning, insurance, and online banking.

  • Commercial banks primarily deal with deposits and loans for individuals and businesses, while investment banks focus on providing financial advisory services, underwriting securities, and facilitating mergers and acquisitions for corporations and institutional clients.

  • To open a bank account, you typically need to visit a branch or apply online, provide identification documents, such as a government-issued ID and proof of address, and make an initial deposit.

  • Commonly required documents include a valid photo ID (such as a driver's license or passport), proof of address (such as a utility bill or lease agreement), and sometimes additional forms or identification depending on the bank's policies.

  • Different types of bank accounts include savings accounts, checking accounts, money market accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs), each with its own features and benefits.

FAQ’s