Business consulting has become essential for companies aiming to expand and tap into new markets. However, the complexities of global business can make this journey challenging.

Under the leadership of Chad Allen, Convenit Consultants is enhancing international business consulting with a unique understanding and approach, ensuring businesses stay a step ahead in their expansion efforts.

The Traditional Approach to Business Consulting

Business consulting has long been the cornerstone for companies seeking to optimise operations, enter new markets, and overcome challenges. Traditional consulting typically involves analysing a company’s strengths and weaknesses, devising strategies for improvement, and assisting in implementation. While this method has its merits, it often falls short in the face of the dynamic nature of global markets.

"Traditional consulting is effective in stable, formal markets," explains Chad. "However, when businesses venture into developing or informal markets, these conventional strategies often fail to deliver the desired results leading to frustration and costing organisations time and money."

The strengths of traditional consulting lie in its structured approach and thorough analysis of established protocols. However, its weaknesses become apparent when dealing with unpredictable environments where adaptability and local insights are crucial.

The Convenit Consultants Advantage

Convenit Consultants takes pride in its boutique-style approach to consulting services. As a boutique firm, Convenit Consultants offers a white-glove, bespoke approach to its services, an approach often lacking in larger, more generalised consulting firms. This white-glove service is characterised by meticulous attention to detail and exceptional care, ensuring that Convenit Consultants thoroughly understand and address each client's unique needs and challenges.

Chad emphasises that by maintaining a boutique structure, Convenit Consultants can dedicate the necessary time and resources to truly understand each client's business. This approach allows his firm to tailor offerings and solutions to the client's specific requirements rather than relying on a one-size-fits-all method. Convenit Consultants can conduct in-depth analyses to identify the root causes of challenges and develop strategies designed to deliver impactful results.

"Our clients often thrive in formal markets, but when venturing into developmental or informal markets, they face new challenges," Chad notes. "We serve as trusted guides, leveraging our expertise to help them navigate these environments successfully."

Built on the Founder’s Multicultural Expertise

Chad's extensive international experience has given him a refined understanding of global life and business, which he applies in his consultancy practice. Having lived and worked in the U.S., Europe, and Africa, and having travelled to over 70 countries, Chad has accumulated financial and advisory expertise worldwide. He leverages this experience to tailor bespoke financial strategies that help organisations thrive in both existing and new markets.

In addition to his cultural experiences, Chad’s educational background has further solidified his expertise in international business. With an MBA and an MA in Finance from the Kelly School of Business at Indiana University and an MA in Accounting from the Mabee School of Business at Abilene Christian University, Chad has a deep academic foundation in finance and accounting.

As a certified public accountant (CPA), Chad combines his theoretical financial expertise with practical skills to offer comprehensive and strategic advice to his clients. This knowledge is beneficial in helping businesses enter new markets, ensure legal and regulatory compliance, and receive financial and operational advisory services.

Valuing Partnership

Chad's approach to successful business consulting is rooted in the principle of bringing together the right resources, as reflected in the name of his firm, Convenit Consultants. Derived from Latin, "convenit" translates to "come together," emphasising the essence of Chad's philosophy—that true success in international business consulting lies in uniting diverse perspectives, expertise, and resources.

Aiming to thrive in existing and new markets, Chad advocates for transparent dialogue regarding expectations and the current business state. By being forthright, both the consultant and the client can set realistic goals and devise actionable plans tailored to the business's specific needs.

“It’s not just about the consulting business. This level of transparency and collaborative approach builds trust and facilitates a deeper understanding of the issues at hand and enables more effective problem-solving and strategy implementation,” Chad adds.

As businesses seek new opportunities for growth and expansion in the global marketplace, firms like Convenit Consultants are vital in guiding them through the intricacies of cross-border operations. Whether transitioning from formal markets into developing or informal markets, providing financial advisory, assisting with market entry, or addressing other needs, Convenit Consultants empowers businesses to expand into new international markets.

Chad Allen (Photographed by Matt Knisley)