Business Setup and Business Establishment Services
Business Establishment Services
Our Global Professional Business Establishment Services will rally round in Designing and formalizing a favorable business structure which is important to ensure that your business is not overwhelmed by categorized services and inaccurate strategies. Your first decisions concerning hiring and setting up your business in a new country should be well-informed regarding entity structure, compliance and tax strategies so that you don’t make mistakes that could come back to haunt you as your business grows. We will determine what structure best meets your needs, establish the structure including Business Setup, Return on Investment, Hiring and Recruitment of organized people, Operations Management, Marketing and Promotions Strategy, Sales Projections and Planning, Exit Planning for your BOOT (Build – Operate – Own – Transform) setting your business.
Financial Planning and Financial Management
The old saying, “If you fail to plan, you plan to fail”, is a philosophy with many applications. And personal finance is one arena that certainly requires a proactive strategy to ensure success. Financial Planning takes into account myriad factors including taxes, saving and investing. Financial planning is the practice of putting together a plan for your future, specifically around how you will manage your finances and prepare for all of the potential costs and issues that may arise. The process involves evaluating your current financial situation, identifying your goals and then developing and implementing relevant recommendations.
We, as financial planning professionals shall assist you to create a plan for your financial future with accurate Return on Investment (RoI) planning.
Derivation of Cost of Products or Services
Moving ahead after your Business Establishment and Financial Planning and management, to derive the actual costs of your products or services is essential. Product cost refers to all those costs which are incurred by the company in order to create the product of the company or deliver the services to the customers and the same is shown in the financial statement of the company for the period in which they become the part of the cost of the goods or services that are sold by the company.
The derivations of costs of products or services mainly includes direct expenses, indirect expenses, overheads, staff required, capitalization concepts, research and development, administrative costs, wastage or testing and lastly, the controllable actions. We make a good turn with deriving the prices or costs for your products or services which will generate great benefits and value for your business in coming future.
After ameliorating the derivation of the costs of products or services, Revenue-to-Profit ratio is must to improve business performance and profits. The revenue-to-profit is a ratio of a company’s profit fictionalized by its revenue. The profit margin ratio compares profit to sales and tells you how well the company is handling its finances overall. The profit margin is critical to a free-market economy driven by capitalism. The margin must be high enough when compared with similar businesses to attract investors. Profit margins, in a way, help determine the supply for a market economy.
Companies want to sell their products at competitive prices and maintain reasonable margins. To keep sales prices low, they must move to lower-cost essentials. We assist companies in creating pricing strategies for products or services. Companies should base their prices on the costs to produce their products and the amount of profit they are trying to turn.
Recruitment and Staffing
The recruitment and staffing process begins with extensive planning. Before commencing the actual recruitment and hiring of employees, a business must identify its employee needs, including the type and number of employees it wants and can afford. Types of employees include actual positions – IT, legal, front desk – as well as desired education, experience, employment history and age demographic.
Working with its employee budget, we assist your company for how many employees it can afford based on contemporary market salary averages and considerations such as full-time vs. part-time employees, benefits packages and experienced vs. inexperienced employees. Our initial planning and strategy briefs you with a pragmatic assessment of what a business needs and the type of employees it can attract.
Vendor management in business setup is the process that empowers an organization to take appropriate measures for controlling cost, reducing potential risks related to vendors, ensuring excellent service deliver-ability and deriving value from vendors in the long-run.
This includes researching about the best suitable vendors, sourcing and obtaining pricing information, gauging the quality of work, managing relationships in case of multiple vendors, evaluating performance by setting organizational standards, and ensuring that the payments are always made on time.
That’s where our Business Consulting Services comes in place!
Operations management in business establishment is chiefly concerned with planning, organizing and supervising in the contexts of production, manufacturing or the provision of services. We help in ensuring that an organization successfully turns inputs to outputs in an efficient manner. The inputs could represent anything from materials, equipment and technology to human resources such as staff or workers. We requisite the understanding of global trends in supply chain management in order to meet your demand which is often critical. With logistics, the careful and considered use of resources, as well as cost-effectiveness, has become increasingly important in today’s era.
We will attentively analyze all these process issues and help you select the most appropriate methods to help reduce operational costs.
Marketing and Promotions Strategic Planning
Achieve Your Goals from Awareness to Engagement to Driving New Businesses with our right metrics and strategy for having a sustainable business setup. 2X higher engagement is guaranteed if you are opting for right strategy.
Our Strategic Marketing and Promotions Planning involves setting goals and objectives, analyzing internal and external business factors, product or services planning, implementation, and tracking your progress.
Lead Generation and Sales Assistance
Leads generation, being the first step in business establishment for bringing customers to the company, hence, it must be paid great attention. Our global professional services offer you with increased number of targeted and qualified leads in B2B and B2C markets. In the world of digital marketing, lead generation and sales assistance can serve as your first step to get closer to the customer, based on the interest or inquiry of the products/services shown by them.
ParsBEM Consultants Private Limited helps in providing conventional strategies for lead generation and sales, to ensure for the growth of your business, either through paid promotions or organic optimization of the website or services.
Service and Support Management
Service and support management plays an indispensable role being an integral of business establishment. ParsBEM Consultants Private Limited enhances the value of your customer service segment by designing industry specific collateral in various means such as; SLAs (Service Level Agreements), support policy, escalation policy, support team hierarchy, customer support manual, operations and management, etc.
Having support policies and related manuals can always establish an eminent value between a business venture and its consumers, in-turn ensuring a long lasting business sustainability and economic development.
A business exit strategy is an entrepreneur’s strategic plan to sell his / her ownership to investors or another company. An exit planning strategy gives a business owner a way to reduce or liquidate his stake in a business, and if the business is successful, it makes a substantial profit. If the right exit strategy is not enacted, it enables the entrepreneur to limit losses. IPOs are often seen at the holy grail of exit strategies since, they often bring with it, the greatest prestige and highest pay-off.
An entrepreneur will develop an exit strategy in the initial business plan before actually going into business. The right strategy of exit plan can influence business development decisions. The choice of exit strategy an entrepreneur chooses, depends on many factors which are essential to retain the business. An exit strategy may also be used by investor(s) in order to plan for a cash-out of an investment.