Financial consulting as a factor in the development of agribusiness in Serbia

Mihailović, Branko and Radosavljević, Katica and Popović, Vesna (2025) Financial consulting as a factor in the development of agribusiness in Serbia. In: V International Scientific Conference "Sustainable agriculture and rural development". Institute of Agricultural Economics, Belgrade, pp. 165-177. ISBN 978-86-6269-141-5

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Abstract

Financial consulting can be defined as expert assistance to company managers in analyzing and solving practical financial problems. Accordingly, the primary objective of the research in this paper was to examine the role of financial consulting in agribusiness in the Republic of Serbia, demonstrating that the use of financial consulting represents a significant support for economic actors in agribusiness. Financial consulting adapts its services not only to specific sectors but also to the size of the enterprise. In this regard, the paper focused on financial consulting as a factor that facilitates business decision-making related to the financial aspects of operations in the agribusiness sector. Specifically, the process of financial consulting involves the transfer of relevant financial knowledge, information, and business experience. The conducted research showed that financial consulting in Serbia’s agribusiness is a complex and demanding discipline within the fields of business and applied economics, and that optimizing business results for the client requires business competence, professional experience, and ethical conduct from financial consultants.

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