Monday, 19 October 2015

Startups Initiative by Government of India “Stand Up India”

Brief about “Stand Up India”

Prime Minister Narendra Modi is leading an ambitious bid to take India to the head of the Global entrepreneurship by offering

a)       Tax incentives for the investors and ESOPs for employees;
b)      Incubation centers (they provide support functions, mentorship and resources to individual entrepreneurs and to their set ups; giving the all the expert advice and technical guidance);
c)       Single window clearance;
d)      Amendment to the bankruptcy laws to ease entry and exit norms; and
e)      Changes in the intellectual property rights
Also, the government wants to direct their startup energy toward 25 focus areas which were identified in Make in India plan which extends to textiles, leathers, gems and jewellery.

This initiative will lead to investment of $5 billion in India

Tuesday, 15 September 2015

Benefits of Working with Virtual CFO Services in India

A Chief Financial Officer plays an important role in business. One is tasked to handle everything that is connected to the company’s finances. One also manages the finance unit of the company and supervises the budgeting requirements that include working with fundraising firms in NCR to cost benefit analysis. 

Some companies try to do that tasks themselves, but it is advisable to leave the task to a professional virtual CFO services in India. They have the expertise and knowledge to get the job done right. Below are some of the benefits of outsourced CFO services. 

Save Money

Hiring a full time CFO can cost a lot of money. Virtual CFO services in India allows you to fill the position at a portion of the cost of a full time employee. You will be able to save time because the virtual CFO can start right away. With a virtual CFO, the owner will have more time for the core business of company. One will be able to devote more time in growing the business, which is important in the long run. Plus, a virtual CFO will provide a high quality of work without having to pay for health and other benefits. 

Quality deliverables at an affordable cost

Mid-sized organization is benefitted with expertise of seasoned and mature CFOs at an affordable cost; to address complex business needs and quality output.

Provide Flexibility

Another advantage of hiring outsourced CFO services is the flexibility they offer. They provide bespoke services that your company requires. Whether you need mergers and acquisition advisory firms or business valuation services in Delhi, you have the luxury of adding or reducing the services you want with regards to your actual needs. 

Understand the Numbers

A virtual CFO understands the numbers better than most business owners. Financial advisory firms in Delhi are able to help you understand the meaning behind the numbers of your financial statement. That way you are able to make better decisions for the good of the business. 

Help Business Grow

Even if the company has systems for the financial aspect of the business, it can be had to actively grow the business because one lacks the oversight of a senior level financial officer. Virtual CFO services can provide the company expert advice on how to proceed with the business. They can be part of the management team who are able to provide good advice that will give owners the confidence that will help the business grow. 

Improve Efficiency 

Virtual CFO services in India allow companies to become more efficient with their financial matters. They have the knowledge and experience to deal with almost all situations. They can act as one of the debt financing companies in Delhi if you need them to. The best thing about dealing with outsourced CFO companies is that you don’t need to wait for their learning period to end because they are able to move forward with any particular service you need. 

Outsourced CFO services allow you and your employees to focus on what you do best. It is recommended for business owners who have been struggling with the financial aspects of their business.