Management Consulting
Management consultants offer advice, and assistance with
planning, strategy, consulting, and organizational factors to the decision-makers.
The World Bank has released its most recent Doing Business Report (DBR, 2019). India has risen 23 places from its 2017 ranking of 100 to 77th place among the 190 nations evaluated by the World Bank. India is one of the fastest-growing markets for investments and one of the world’s largest emerging financial and business hubs. According to major financial institutions, India could become one of the world’s financial superpowers by 2030.
The Indian startup scene has just really taken off and come to light on its own, driven by factors including significant finance, developing technology, merger, and acquisition activity, and a growing local market. Gaining strong encouragement from a successful startup entrepreneur has transformed the industry and inspired young talent to launch their own firm.
Management consulting typically entails the exploration of optimal methodologies, analytical approaches, change management and mentoring abilities, technology integration, and strategic planning, among other things. Management consultants usually employ structured frameworks or techniques to identify issues or propose better ways to carry out existing business operations that are more productive or efficient. Additionally, management consulting can offer the valuable benefit of an external viewpoint.
The one and only thing that is constant is change. The formation of a new firm and its successful operation in the era of constant technological advancements and changes require specialized knowledge and professional experience. SalahKaro provides businesses with complete advisory and consultancy services to assist them to get ready for doing business in India.
What does a management consultant do?
Management consultants offer advice, and assistance with planning, strategy, consulting, and organizational factors to the decision-makers.
Management consultants can create a strategic plan for corporate growth using their problem-solving abilities and expertise.
The biggest market for management consultants in the real world is carrying out the recommended solutions and consulting’s execution component.
Tasks can include improving business process efficiency, outsourcing non-core functions, putting new IT systems in place, streamlining the supply chain, etc.
How SalahKaro Helps?
The structured solutions provided by SalahKaro helps firms not only increase operational effectiveness but also guarantee that they are improving and adapting more quickly than their competitors. The management consulting specialists at SalahKaro help firms find and address the problems blocking advancement and growth.
- Understanding the business plan or goal of investors.
- Identifying and securing any clearance for any restrictions in the foreign direct investment/domestic investment policy.
- Helping in the selection of appropriate or suitable geographic areas for the establishment of business operations
- Determining which jurisdiction meets India’s tax and regulatory requirements for entry
- Identifying the most appropriate corporate framework, such as a company, LLP, liaison office, etc., for conducting business operations in India and providing assistance with the establishment of such a business.
- Putting up tax-effective cash or profit repatriation plans.
- Providing assistance with administration, law, human resources, accounting, and IT.
- Ongoing tax and regulatory compliances.
- Market research to establish a strategic market focus
- Assistance in Financial Projections to meet your Business Goals
- Selecting and analysing competitors to identify their strengths and weaknesses
- Risk management strategy.
- Plan for marketing and sales, outlining how you’ll promote your services and grow your company
- Assistance in submitting applications for a variety of licences and permissions under Indian legislation
Our Approach
- Any initiative or recommendation must first identify the issues for which a solution is sought, based on the standards established by the client's custom-made scope of work. After that, the job scope is methodically carried out with the aim of accomplishing the client's objectives.
- In this regard, relevant customer data and performance factors have been examined in comparison to current industry benchmarks, accepted business practices, etc.
- Collecting data that hasn't been acquired before through surveys and phone interviews. talks with focus groups, the intended audience, target consumers, and organisations involved in the distribution of products.
- Based on the concerns examined through planning, account outsourcing, practicality, transactional services, and compliance outsourcing, we provide the finest recommendations. Creation of SOPs, transaction services, internal restructuring consulting, strategic planning, due diligence, and accounting outsourcing are all included.
- We make sure that the solutions we provide to our clients are executed successfully in addition to advising them on the best course of action.
