Setting Up A Business in India
Doing Business in India solution starts with identifying right business entry strategy for a foreign MNE including advisory on right structure in terms of corporate laws, foreign exchange laws, efficient tax structure, vendor selection and identification of right partner for a joint venture if required. Our setting up of business services includes identifying the right Visa requirement for the business owner and his expatriate employees. This segment of services also includes advisory on Human Resources & Labor Laws, Intellectual Property, Environmental Laws and Data Privacy & IT Laws, enabling seamless starting up of Indian entity.
Testing of waters before starting any venture, business or services is the sensible decision; our services include carrying out market assessment and research in terms of industry & trade potential, access to customers & vendors, competition, pricing, transaction taxes and pricing. We are also involved in primary and secondary research enabling the entity to develop its go to market strategy. Our market research services help the entity identify the right potential and cost involved in its new endeavour.
HR Process Advisory
Robust human resource process is required for the success of every organisation, our HR process advisory aims at providing appropriate advice within the ambit of local laws enabling an organisation to maintain an agile and employee friendly human resource process.
Our Human resource process advisory includes developing hiring policies, employee policies, employee hand books and employee agreements. Our HR process advice also includes advisory services on how to automate the human resource process.
Right person at right time and right place is a key for success for any organisation. Our executive search services help you identify and hire the right resource within your expectation in terms of timelines and resources. Especially for any entity which is vying to setup its business in India, the right person with the right credentials and cultural background is necessary and important to ensure setting up its business and its sustainability in India.
We carry out executive searches and hiring for various positions such as
- CEO/Country Manager/General Manager
- CFO/Financial Controller
- Departmental Heads and Various executives
Our Technology advisory services involve process automation and identification of the right technology for your entity. We believe in intelligent automation, resulting in increased efficiency of your valuable resources. Our technology advisory includes:
- Identification of right ERP for your organisation
- Process Automation
- Cloud technology identification and implementation
- Information technology policies and system advisory
We also work with our clients to design, develop and implement accounting system solutions. Our development and implementation solutions enable our clients to implement proper internal controls and automate the data capturing and reporting process. By assisting and advising the clients in exploiting new technology and integrating it with existing resources, we help them streamline their processes and leverage critical data. Given the competitive economic climate, many entities are looking for ways to cut costs, we by implementing optimum financial and accounting system solutions enable the entity to increase efficiency and cut irrelevant costs. We have excellent resources in virtually all business areas which enables us to offer superior services in customized Financial System development for owner-managed business, Small and medium enterprises (SME’s) or a large multinational corporation.
We provide invaluable training as well as on-going assistance for our clients in the design and implementation of accounting systems. Our many years of working with computer-based financial and accounting systems combined with our cumulative knowledge of accounting software currently available, allows us to save you the time and effort required to sort out the systems and products you need.
We also provide privacy advisory services to ensure compliance with local and international laws, our advisory services include identification of personal data in your business environment leading to the identification of risks associated with such data. We advise on right, process, measures and technology for risk mitigation leading to robust protection of personal data leading to compliance with privacy laws. We also help in preparing privacy policies for your organisation.
In the times of cloud and artificial intelligence and IOT; cybersecurity assumes a primary importance to ensure business continuity for an organisation. Our Cybersecurity advisory services help in addressing evolving challenges in cyber security. Our services in this domain include:
- Access management
- Vulnerability identification and management
- Digital Forensics
- Compliance and Governance
- Policy identification and formulation
Our Cybersecurity advisory services ensure that your specific needs in terms of security are aligned with your entities’ vision and objective ensuring protection of your cyber environment form external and internal threats.
Our Management consultancy services cater to Accounting and management information process Improvement
Accounting Process Improvement is directed towards the effective use of accounting resources and the improvement of management information systems. Our services enable the organisation to reconfigure its internal processes in various ways; that is, by changing the ways in which it performs accounting and management information process. This enables the organization to meet decision making objectives in an efficient and timely manner.
Accounting process improvement involves various kinds of efforts including strategic technical inputs, process redesign and training. It also requires technology deployment or enhancement to enable the improvement of the accounting process. We collaborate with clients on creating and implementing innovative strategies to create value in terms of sustainability, growth, transformation and change.
Financial consultancy services are for corporate, individuals, start-ups and prospective entrepreneurs. Our financial consultancy services include Business Feasibility Services, Business Planning and Structured Finance consultancy
Business Feasibility Services
Our feasibility study services look at the viability of an idea or a project with an emphasis on identifying potential problems and attempts to answer one main question: Will the idea or project work and should you proceed with it?
Before you begin writing your business plan or project report you need to identify how, where, and to whom you intend to sell a service or product. You also need to assess your competition and figure out how much money you need to start your business and keep it running until it is established.
We apply our economic skills to provide our clients with clear insights into the markets that they wish to enter and to enhance their ability to execute a successful product launch. Our approach is driven by our client’s individual commercial objectives. Working with various agencies we are able to build a detailed analysis based on our potential customers’ expressed preferences. This can generate considerable insight at the product design and development stage.
Our Feasibility studies and project reports address things like where and how the business will operate. They provide in-depth details about the business to determine if and how it can succeed, and serve as a valuable tool for developing a winning business plan.
Even if you have a great business idea you still have to find a cost-effective way to market and sell your products and services
Our feasibility studies and project reports contain comprehensive, detailed information about your business structure, your products and services, the market, logistics of how you will actually deliver a product or service, the resources and finances you need to make the business run efficiently, as well as other information about the business.
After business feasibility has been established, we guide our clients through the creation of accurate business plans, project reports, investor presentations and other supporting materials to powerfully present their company to:
- Private Equity Firms
- Venture Capitalists
- Angel investors
- Holding Companies
- Boards of Directors
- Buyers (Merger or Acquisition Targets)
- Commercial Finance, Factoring and Leasing Companies
Structured Finance consultancy
We provide financial consultancy services to a diverse group of organizations that access capital through various products available in the market. Our services provide clients with an independent, objective perspective throughout all phases of a financing transaction. Our services are enhanced by our broad and deep experience – serving as financial advisors to a broad range of entities. We focus solely on identifying and structuring the best source of finance for our client to meet short-term and longer-term plans of the clients. We also provide consultancy services on Initial Public Offerings (IPOs), advising on all the relevant strategic and regulatory issues of Security exchange board of India (SEBI). We provide these services to startups as well as existing entities.
Family Business advisory
Family business services are for family businesses and family offices. Our family business consultancy services include Financial Planning Services, Estate Planning, Family Business Settlement and Business Succession Planning Services
We provide financial planning services for a family business while taking a holistic view of our client’s situation and come up with a financial plan that will address the following areas
- Cash Flow Management & Budgeting
- Insurance Planning
- Investment Planning
- Retirement Planning
We provide financial planning services through the following process:
- Assessment: The financial condition of a family business is gauged by formulating balance sheets and income statements. The balance sheet calculates the assets on the one hand and liabilities on the other.
- Goal setting: After having done a proper assessment of the financial situation, we help our family business client to set up long term as well as short term income and investment goals.
- Constructing a plan: Once the goals are set, appropriate strategies are formulated in order to fulfill the goals. This is achieved by curtailing unnecessary expenditure or by expanding the income level by investing in stocks, real estate or other interest earning assets.
- Monitoring and reassessment: The financial plan of a Family business is monitored from time to time for re-evaluation.
- Estate Planning Services
We also help the family business with the advanced approaches to estate planning, from understanding how wills and trusts work to tax strategies to private trusts that may help protect your beneficiaries and assets. We also provide execution services for wills.
Family Business Settlement Services
Business valuation is directed towards the family business settlement. We help in the arbitration of any family business dispute leading to an amicable solution within the family. We also help you with tax efficient strategies enabling you to settle your family business in the most effective manner.
Business Succession Planning Services
We help the family business with a succession plan by determining the best way for a family business to exit their business while ensuring the business continues. We help with the strategy of leadership and/or ownership succession of the business. We help family business with two basic options identification of right successor in the Family or identifying right buyers for family business. We plan a strategy which is legally sound and tax efficient.
Our Corporate training services include training in the field of direct and indirect taxes, accounting standards including IndAS, technology training, training in the area of privacy and risk associated with cybersecurity. We also provide training in the area of internal control, process improvement, law and compliance.