Farahat & Co.

BACKGROUND

Please describe your company and position.

I am the Co-Founder & CEO of Envia.com

Describe what your company does in a single sentence.

 Envia.comEnvia.com is a Mexican company in the logistics and transportation industry. We develop products for the ecommerce sector and provide customized solutions.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Farahat & Co. to accomplish?

• We hired Farahat & Co. to help us get better control over our cash flow. Our goal was to reduce the gap between incoming client payments and outgoing costs to carriers and warehouse providers. We needed a clearer picture of our working capital and ways to improve liquidity.

SOLUTION

How did you find Farahat & Co.?

• Online Search
• Clutch Site

Why did you select Farahat & Co. over others?

• Pricing fit our budget
• Good value for cost
• Company values aligned

How many teammates from Farahat & Co. were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

Farahat & Co. conducted a detailed analysis of our billing and payment cycles. They reviewed our receivables, supplier contracts, and payment terms, and mapped out where delays were hurting cash flow. They delivered a full cash flow model, proposed changes to client invoicing strategies, and helped us restructure some vendor payment terms. They also gave us a dashboard to track cash flow trends monthly.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Within few period of time, we saw a noticeable improvement in our working capital. Our average receivables cycle dropped by around 10 days, and we managed to negotiate more flexible payment terms with two of our biggest suppliers. That gave us more breathing room and better control over our day-to-day operations.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Their team was responsive and stayed on schedule throughout. We had regular check-ins, and they were quick to adjust based on our feedback. Everything we asked for was delivered on time and explained clearly no jargon or fluff.

What was your primary form of communication with Farahat & Co.?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

They really understood the logistics side of our business, which made a big difference. Their advice wasn’t just theoretical; it was practical and directly applicable to our operation. They also weren’t pushy, which we appreciated.

Are there any areas for improvement or something Farahat & Co. could have done differently?

Nothing major.

BACKGROUND

Please describe your company and position.

I am the CEO of Reo Group

Describe what your company does in a single sentence.

Reo Group is a national recruitment, executive search and professional services agency, servicing the East, West and South coast of Australia.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Farahat & Co. to accomplish?
We contracted Farahat & Co. to assist us to structure competitive and sustainable employee benefits packages to attract and retain top talent at Reo Group, these included retirements and health insurance packages.

SOLUTION

How did you find Farahat & Co.?

• Online Search
• Clutch Site

Why did you select Farahat & Co. over others?

• Pricing fit our budget
• Good value for cost
• Company values aligned

How many teammates from Farahat & Co. were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

Farahat & Co. assisted with the development of an extensive employee benefits program such as retirement plans, health insurance, and performance bonus. They provided a customized strategy that factored in employee needs, while keeping a balance with costs, making it future proof.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

The project produced more competitive benefits giving the company more employee retention and incentivization. We have observed the clear rise in talent acquisition and declination of the turnover rates, confirming the successful implementation of personalized financial incentives and benefits.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Farahat & Co. showed excellent project management: delivered all items on time. These were customer-friendly since they were responsive to our needs, they gave us regular updates regularly adjusted to fit our feedback trying to ensure that the benefits package would meet our goals.

What was your primary form of communication with Farahat & Co.?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

What really impressed us about Farahat & Co. was their wide knowledge of our requirements and their ability to provide a tailored benefits strategy that was both cost effective and highly attractive to our employees. Their targeted method distinguished them.

Are there any areas for improvement or something Farahat & Co. could have done differently?

Farahat & Co succeeded outstandingly and their personalized approach was spot on. Everyone was properly handled and we couldn’t be more contented with the results.

BACKGROUND

Please describe your company and position.

I am the Chief Executive Officer & Chief Architect of OffWorld

Describe what your company does in a single sentence.

Sourcing precious materials on Earth and in space using swarms of intelligent robots.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Farahat & Co. to accomplish?

• We hired Farahat & Co. to assist with due diligence and financial structuring for a potential mining acquisition.

SOLUTION

How did you find Farahat & Co.?

• Online Search
• Clutch Site

Why did you select Farahat & Co. over others?

• Pricing fit our budget
• Good value for cost
• Company values aligned

How many teammates from Farahat & Co. were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

Farahat & Co. conducted financial due diligence, assessed regulatory compliance, and provided valuation analysis for the acquisition. They also advised on deal structuring and tax implications to ensure a smooth transaction.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

The due diligence report identified key financial risks, helping us negotiate better terms. Their valuation analysis ensured a fair deal, and their tax advisory optimized our cost structure, making the acquisition more efficient.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Farahat & Co. managed the project efficiently, delivering reports on time and addressing our concerns promptly. They were responsive and proactive in handling regulatory and financial matters.

What was your primary form of communication with Farahat & Co.?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

Their deep understanding of mining acquisitions and proactive approach to risk assessment stood out. They provided clear, practical advice that helped us make informed decisions.

Are there any areas for improvement or something Farahat & Co. could have done differently?

They performed well.

BACKGROUND

Please describe your company and position.

I am the Directeur of INTITEK

Describe what your company does in a single sentence.

Intitek designs and manufactures, from its R&D center to its production plant, all in France, products that benefit everyone, in particular medium series, by relying on its research capacities, design and production.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Farahat & Co. to accomplish?

• We hired Farahat & Co. to improve cash flow management, optimize working capital, and ensure smoother financial operations for INTITEK.

SOLUTION

How did you find Farahat & Co.?

• Online Search
• Clutch Site

Why did you select Farahat & Co. over others?

• Pricing fit our budget
• Good value for cost
• Company values aligned

How many teammates from Farahat & Co. were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

Farahat & Co. analyzed our cash flow, optimized payment cycles, and provided strategies to improve working capital. Key deliverables included a detailed financial report, cash flow projections, and recommendations to enhance liquidity.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

We saw improved cash flow stability, faster supplier payments, and better working capital management. Our liquidity position strengthened, reducing financial bottlenecks.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Farahat & Co. managed the project well, delivering reports and recommendations on time. They were responsive, addressing our concerns quickly and adjusting strategies as needed.

What was your primary form of communication with Farahat & Co.?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

Their deep financial expertise and practical approach stood out. They provided clear, actionable solutions that made an immediate impact on our cash flow.

Are there any areas for improvement or something Farahat & Co. could have done differently?

No.

BACKGROUND

Please describe your company and position.

I am the CO CEO of Wetaca

Describe what your company does in a single sentence.

We offer food and Beverage Services.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Farahat & Co. to accomplish?

• We hired Farahat & Co. to help expand Wetaca into new markets, identify the best entry strategies, and ensure we understand local competition and regulations.

SOLUTION

How did you find Farahat & Co.?

• Online Search
• Clutch Site

Why did you select Farahat & Co. over others?

• Pricing fit our budget
• Good value for cost
• Company values aligned

How many teammates from Farahat & Co. were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

Farahat & Co. conducted market research, identified target regions, and analyzed competitors. They recommended the best market entry strategies, including franchising and partnerships. Key deliverables included a detailed market analysis, entry strategy plan, and a tailored marketing approach for new regions.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

The measurable outcomes included successful identification of two new target markets, a clear market entry strategy, and a increase in brand awareness within the first quarter of expansion. These results helped Wetaca establish a foothold in the new regions.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Farahat & Co. managed the project efficiently, delivering all milestones on time. They were responsive to our needs, offering regular updates and adapting their approach to ensure the strategy aligned with Wetaca's goals.

What was your primary form of communication with Farahat & Co.?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

What stood out about Farahat & Co. was their deep understanding of market dynamics and their ability to tailor strategies specifically for Wetaca’s expansion goals. Their hands-on approach and commitment to delivering results made a real difference.

Are there any areas for improvement or something Farahat & Co. could have done differently?

Farahat & Co. delivered strong results.

BACKGROUND

Please describe your company and position.

I am the CEO of RevX

Describe what your company does in a single sentence.

At RevX, we simplify programmatic advertising for app marketers with our tech and talent. Experience transparency and performance at scale.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Farahat & Co. to accomplish?

• We hired Farahat & Co. to conduct financial audits for RevX. The main objective was to ensure our financial records were accurate and compliant with UAE regulations. We also wanted to gain a clear picture of our financial health and strengthen trust with our stakeholders.

SOLUTION

How did you find Farahat & Co.?

• Online Search
• Clutch Site

Why did you select Farahat & Co. over others?

• Pricing fit our budget
• Good value for cost
• Company values aligned

How many teammates from Farahat & Co. were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

Farahat & Co. handled a comprehensive financial audit for RevX. They reviewed our financial records, analyzed internal controls, and ensured compliance with UAE regulations. Their key deliverables included a detailed audit report, certified financial statements, and actionable recommendations to address inefficiencies. The process was thorough, giving us a clear understanding of our financial position and areas for improvement.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

The audit provided us with a clear understanding of our financial health, highlighting areas for improvement. It also ensured that our records were fully compliant with UAE regulations, which enhanced trust with our stakeholders.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Farahat & Co. managed the project efficiently, delivering everything on time. They were responsive to our needs, addressing any questions promptly and adapting to our requirements as the audit progressed.

What was your primary form of communication with Farahat & Co.?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

What stood out most about Farahat & Co. was their attention to detail and deep understanding of UAE regulations. Their ability to provide clear, actionable insights while maintaining a high level of professionalism made them stand out.

Are there any areas for improvement or something Farahat & Co. could have done differently?

Their service was excellent.

BACKGROUND

Please describe your company and position.

I am the CEO of Finoa

Describe what your company does in a single sentence.

Finoa GmbH is a regulated custodian for crypto assets, servicing professional investors with custody and staking.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Farahat & Co. to accomplish?

• We needed help introducing our company to the market.

SOLUTION

How did you find Farahat & Co.?

• Online Search
• Clutch Site

Why did you select Farahat & Co. over others?

• Pricing fit our budget
• Good value for cost
• Company values aligned

How many teammates from Farahat & Co. were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

We get business consultancy services from Farahat & Co. Farahat & Co. has assisted us in developing our company description and marketing strategy. In order to grasp our vision and how we wish to communicate it to the outside world, they have asked all the correct questions throughout our conversations with them, which has started this process.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

We have been able to hire more employees and communicate with lenders and possible equity investors thanks to Farahat & Co.'s professionalism in our website, design, and messaging. This has also helped us get more support for our market pitch.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Farahat & Co. is open about the project's development and has provided everything on schedule. The group also adheres to the budget.

What was your primary form of communication with Farahat & Co.?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

The team held our hand throughout the process, telling us what we don't know, which is helpful because this is a new world for us. We will use them for other projects because I think very highly of the team.

Are there any areas for improvement or something Farahat & Co. could have done differently?

I don't think there's anything they can improve on.

BACKGROUND

Introduce your business and what you do there.

I’m the owner and CEO of Adma Capital General Transport. We work on logistics projects, transporting materials to building and road construction sites.

OPPORTUNITY / CHALLENGE

What challenge were you trying to address with Farahat & Co.?

They’re our partner for accounting and tax filing.

SOLUTION

What was the scope of their involvement?

Farahat & Co. does our yearly accounting and tax auditing. We’re using UAE accounting software.

What is the team composition?

I’ve worked with 3–4 people from their team.

How did you come to work with Farahat & Co.?

One of my friends recommended them as having good experience in the UAE market. I was working with another firm, and I wasn’t happy with them.

How much have you invested with them?

The yearly cost is around 100,000 dirhams (approximately $30,000 USD). We’ll often pay extra for consultation or other services.

What is the status of this engagement?

We started working with Farahat & Co. on a contract basis around October 2017, and our engagement is ongoing. They had done some consulting work for us before that.

RESULTS & FEEDBACK

What evidence can you share that demonstrates the impact of the engagement?

We’ve seen good results working with Farahat & Co., and that’s why we continue working with them. They do their job well and on time.

How did Farahat & Co. perform from a project management standpoint?

They’re communicative and organized.

What did you find most impressive about them?

They’re well-organized and do the work on time without mistakes.

Are there any areas they could improve?

No, I can’t think of anything.

BACKGROUND

Introduce your business and what you do there.

I’m the director of the company, and we have been in the business of car rentals since 1990.

OPPORTUNITY / CHALLENGE

What challenge were you trying to address with Farahat & Co.?

They’re the auditors for our business.

SOLUTION

What was the scope of their involvement?

As well as being the auditor for the business, they also provide us with financial advice.

What is the team composition?

There are usually one or two people.  

How did you come to work with Farahat & Co.?

We had a few meetings with different companies, and I found that they would be best for us.

How much have you invested in them?

We’ve spent almost $10,000.

What is the status of this engagement?

We started working together in October 2019, and our engagement is ongoing.

RESULTS & FEEDBACK

What evidence can you share that demonstrates the impact of the engagement?

They ensure everything is up to date and they verify all the financial information. They make sure that everything is intact.

How did Farahat & Co. perform from a project management standpoint?

They have been perfect.

What did you find most impressive about them?

They are doing the job, they answer all of our questions, and they give us support. So far, it has been very good.

Are there any areas they could improve?

There have been no issues.

Do you have any advice for potential customers?

We recommend them.

BACKGROUND

Please describe your company and your position there.

The director and founder of a Cafe / Restaurant company in Dubai.

OPPORTUNITY / CHALLENGE

For what projects/services did your company hire Farahat & Co.?

I needed a team of accountants to help me with my accounting, bookkeeping, and taxation (VAT) advisory needs.

What were your goals for this engagement?

What I want is to have the support of a reliable team of accounting specialists that can make sure my firm run smoothly and that the needs of all my clients are met. I would like to file vat.

SOLUTION

How did you select Farahat & Co.?

Through referral of a friend. A trusted friend of mine said that every single one of the team members of Farahat & Co are dedicated in providing a high level of satisfaction and customer service all the while ensuring that the accounting process is no longer a hassle for me. Boy, did they not disappoint! 5 stars

Describe the engagement in detail.

I needed help with accounts preparation as it is often a stressful experience for me. It was a great choice to hire Muhammad team as they made sure I was compliant to regulations where monthly management accounts were required.

Describe their billing or cost structure.

They have flexible pricing.

What was the team composition?

Muhammad headed the team and he was mostly the one I communicated with. He simply passed on my instructions and supervised the work of other accountants and bookkeepers for me. Muhammad is clearly competent and he's highly recommended in my book!

RESULTS & FEEDBACK

Can you share any outcomes from the engagement that demonstrate progress or success?

I was very happy that they listened to me regarding what I want out of the accounting service, vat filling and the fact that they delivered. They even answered my phone calls late at night for follow ups and updates. They're responsive to my needs as a client and they have kept me very happy. They gave me the guidance and support I needed for my business' accounts.

How effective was the workflow between your team and theirs?

All I had to do was brief Muhammad and two of his assistants. When the work was done, they presented to me my books of accounts that were professionally organized.

What did you find most impressive about this company?

The quality of their work.

Are there any areas for improvement?

None.