- The document discusses various career options and considerations for a practicing company secretary (PCS) in India.
- It notes that a PCS can gain experience and learn all aspects of the profession by joining a small or medium sized firm first before starting their own practice.
- The document also discusses the challenges of starting an independent practice without family experience in the field, but emphasizes gaining experience, networking, and focusing on building goodwill in the early years.
This document discusses three popular options for owning your own business: starting your own business, buying an existing business, or buying a franchise. It provides detailed information on each option, including the steps, risks, rewards, financial considerations, and advice for exploring each path. Key factors like developing a business plan, securing funding, hiring professionals, and creating a marketing strategy are addressed.
The document provides advice and information for starting a new business or technology startup. It discusses legal structures, locations, accounting, taxes, finding clients, funding options including angel investors and venture capital, incubators, and the challenges of launching and running a startup. Key points include choosing a legal entity like an LLC or S-corp, developing a business plan, networking to find clients and investors, the long hours involved, and seeking funding from various sources to commercialize ideas.
Funding Foreplay Dont Romance Investors Until After The Foreplayceoresource
This document promotes a course called "Funding Foreplay" that teaches entrepreneurs how to prepare 12 key documents needed to raise capital from investors. It claims the course will help overcome common fears about fundraising and features 4 modules that cover summary documents, offering documents, and business plan documents. The course includes audio lessons, templates for the documents, and claims to help secure funding by giving entrepreneurs the right language and preparation to woo investors.
This document provides an overview of the legal aspects of starting a business in India. It discusses the different stages of starting a company, including company formation, taxation registration, intellectual property protection, and ongoing compliance requirements. It also covers the various business entity options available for registration in India, such as sole proprietorships, partnerships, limited liability partnerships (LLPs), private limited companies, and public limited companies. The benefits of registering a business as a company or LLP are outlined, including limited liability protection, eligibility for loans and funding, and credibility with investors, customers, and the government.
HOW TO REGISTER A COMPANY IN INDIA: A COMPLETE GUIDEStartupSolicitors
The document provides a guide on how to register a company in India. It discusses choosing a company name and different business structures like sole proprietorship, partnership, limited liability partnership, and private limited company. It explains the registration process which involves obtaining a digital signature certificate and director identification number, filling registration forms, and incorporating the company. The key benefits and compliance requirements of each business structure are also outlined to help founders select the best option for their startup.
This document outlines a proposal for reducing business costs and bureaucracy by relocating some operations and staff to the Philippines. Key points include:
- Relocating 25 staff could save over £400,000 annually through much lower labor costs in the Philippines.
- The proposal involves assessing business needs, setting up an offshore corporation and facility, and managing the transition and ongoing support.
- Benefits include drastically reduced costs (up to 65%), increased profits, valuations and competitiveness, and freeing up management time to focus on growth.
This e-book provides 8 tips for startups: 1) Get a mentor for advice and connections, 2) Have a savings fund for unexpected expenses, 3) Expect no salary in the startup phase, 4) Develop a solution to a market need, 5) Become a networker to build relationships, 6) Plan and budget cashflow tightly, 7) Work twice as hard as employees, 8) Understand technology and market trends. It also advertises C8 Chartered Accountants for business services like accounting, tax, and consulting. The author, Royston Benjamin, founded C8 CA to provide personalized services to entrepreneurs.
People are always asking for a list of fundamentals, a checklist they can use to start their own businesses. From your business type to your business model to your physical location, there are so many variables it's not easy to come up with a list that will work for everybody. The key, regardless of what type of business you're starting, is to be flexible!
This document discusses three popular options for owning your own business: starting your own business, buying an existing business, or buying a franchise. It provides detailed information on each option, including the steps, risks, rewards, financial considerations, and advice for exploring each path. Key factors like developing a business plan, securing funding, hiring professionals, and creating a marketing strategy are addressed.
The document provides advice and information for starting a new business or technology startup. It discusses legal structures, locations, accounting, taxes, finding clients, funding options including angel investors and venture capital, incubators, and the challenges of launching and running a startup. Key points include choosing a legal entity like an LLC or S-corp, developing a business plan, networking to find clients and investors, the long hours involved, and seeking funding from various sources to commercialize ideas.
Funding Foreplay Dont Romance Investors Until After The Foreplayceoresource
This document promotes a course called "Funding Foreplay" that teaches entrepreneurs how to prepare 12 key documents needed to raise capital from investors. It claims the course will help overcome common fears about fundraising and features 4 modules that cover summary documents, offering documents, and business plan documents. The course includes audio lessons, templates for the documents, and claims to help secure funding by giving entrepreneurs the right language and preparation to woo investors.
This document provides an overview of the legal aspects of starting a business in India. It discusses the different stages of starting a company, including company formation, taxation registration, intellectual property protection, and ongoing compliance requirements. It also covers the various business entity options available for registration in India, such as sole proprietorships, partnerships, limited liability partnerships (LLPs), private limited companies, and public limited companies. The benefits of registering a business as a company or LLP are outlined, including limited liability protection, eligibility for loans and funding, and credibility with investors, customers, and the government.
HOW TO REGISTER A COMPANY IN INDIA: A COMPLETE GUIDEStartupSolicitors
The document provides a guide on how to register a company in India. It discusses choosing a company name and different business structures like sole proprietorship, partnership, limited liability partnership, and private limited company. It explains the registration process which involves obtaining a digital signature certificate and director identification number, filling registration forms, and incorporating the company. The key benefits and compliance requirements of each business structure are also outlined to help founders select the best option for their startup.
This document outlines a proposal for reducing business costs and bureaucracy by relocating some operations and staff to the Philippines. Key points include:
- Relocating 25 staff could save over £400,000 annually through much lower labor costs in the Philippines.
- The proposal involves assessing business needs, setting up an offshore corporation and facility, and managing the transition and ongoing support.
- Benefits include drastically reduced costs (up to 65%), increased profits, valuations and competitiveness, and freeing up management time to focus on growth.
This e-book provides 8 tips for startups: 1) Get a mentor for advice and connections, 2) Have a savings fund for unexpected expenses, 3) Expect no salary in the startup phase, 4) Develop a solution to a market need, 5) Become a networker to build relationships, 6) Plan and budget cashflow tightly, 7) Work twice as hard as employees, 8) Understand technology and market trends. It also advertises C8 Chartered Accountants for business services like accounting, tax, and consulting. The author, Royston Benjamin, founded C8 CA to provide personalized services to entrepreneurs.
People are always asking for a list of fundamentals, a checklist they can use to start their own businesses. From your business type to your business model to your physical location, there are so many variables it's not easy to come up with a list that will work for everybody. The key, regardless of what type of business you're starting, is to be flexible!
- James Ciocia is the co-founder of Gilman/Ciocia, a financial advisory firm based in Tampa, Florida that provides tax preparation and comprehensive financial planning services.
- Ciocia discusses how tax preparation led to providing financial advisory services to clients and how moving operations to Florida allowed them to better serve high-net-worth retirees.
- The interview covers topics like IRA rollover strategies, using Roth accounts, 72(t) distributions, and how Ciocia markets his firm's expertise in tax-efficient retirement planning.
The document introduces Andre Olivan and his background in commercial insurance brokering. It discusses how a Professional Employer Organization (PEO) can help businesses save 20-40% on expenses like workers' compensation insurance by taking on employer responsibilities. It provides an overview of the benefits of using a PEO for reducing costs, improving risk management, and assisting with human resources obligations. The document aims to demonstrate how engaging a PEO allows businesses to focus on their core operations.
The document discusses how tax departments can evolve from a focus on risk management and control ("the foundation") to also identifying opportunities to create value. It argues that to identify value drivers, tax departments must intensify their collaboration with other business functions like finance to deeply understand the full costs and impacts of business transactions. A "tax value framework" can be established to document this understanding of the business and help all employees identify potential value opportunities. By more fully comprehending the business from the perspectives of other functions, tax can help optimize costs and drive greater value for the company.
The document provides guidance on starting a new business by outlining important initial steps and questions to consider. It recommends doing self-assessment to identify strengths and interests, as well as extensive market research to evaluate business ideas, competition, customers, financing needs, and risks. A business plan is also emphasized to define goals, operations, finances, timelines, and next steps to formally layout the business vision. Feedback from others is advised to strengthen the plan before launching the new venture.
This document discusses starting a small used car business called Bolton Cars. It includes tasks analyzing the business venture, financing options, cash flow projections, and strategies to avoid cash flow issues. The business would buy and sell used cars and offer auto repair services. Key details include securing a property, sole trader business structure, £50,000 loan options from banks or grants, and 12-month cash flow projections showing a net annual profit of £76,486. Avoiding cash flow issues is emphasized through maintaining positive cash flow, managing expenses, and keeping an emergency cash reserve.
Before starting a business, one must consider start-up costs by budgeting finances from personal savings, friends and family, or loans. A business plan should then be made that outlines the type of business - whether it be a franchise, buying an existing business, or starting from scratch. Location and competitors are also important factors, as the business should be in a busy area and offer products competitors do not. Insurance, licenses and registrations, legal obligations, research, marketing, staffing needs, and technology choices must all be addressed to lay the foundation for a successful new business. Compromising on any of these critical factors could hamper the business's growth.
Ultimate Guide to Selecting a Business BrokerEric J. Gall
The document provides guidance on selecting a competent business broker. It emphasizes that brokers should have relevant certifications like CBI and CM&AP, belong to associations like IBBA, be willing to co-broker, sell businesses full-time, have a track record of sales, charge reasonable fees typically based on sale price, properly value and price the business, have an effective marketing process, maintain confidentiality, and qualify interested buyers. The ideal broker invests in their education and focuses exclusively on selling businesses to maximize value for clients.
Business founders should consider market demand through research, securing adequate financing and capital, gaining expertise in their industry or field, assessing the competitive landscape, choosing a suitable location, and preparing necessary human resources like hiring qualified employees and creating advantageous work environments before starting a new business.
Neal Hall started his financial planning firm Atherton York two years ago after previously working at another financial planning firm. Atherton York has grown to over 100 clients currently and focuses on passive investments with low costs. Hall attributes the firm's success to building trust with clients and taking a simple approach to investing with funds like Vanguard. The firm aims to provide honest, personalized service while keeping costs low for clients.
The document discusses career opportunities in finance for MBA graduates, including in commercial banking, private banking/wealth management, accounting, corporate finance, and financial operations. It provides overviews of the different roles within each field, such as credit analysts, relationship managers, and treasury managers in commercial banking, and investment advisors and relationship builders in private banking. It also outlines typical career paths, such as starting as an associate and progressing to senior associate, manager, and partner at accounting firms.
This document provides information about the AAT Accounting Qualification and how to pursue it. It outlines the 5 steps to take which include reading about the qualification, selecting a training provider, registering as an AAT student member, qualifying by developing skills and knowledge over 2-3 years, and applying for MAAT professional membership once qualified. It then discusses learning options like full-time, part-time, and distance learning to suit different lifestyles. Assessment is done via computer-based exams.
Indigenous Business Development :: JM John Armstronglinda carroli
JM John Armstrong is the Principal of Harbinger Consultants. He has spent many years working with Indigenous enterprises and entrepreneurs. In his work with Blak Business Smart Business, he developed the Business Readiness Assessment method as a culturally appropriate and responsive approach to business development with Indigenous entrepreneurs and communities. This presentation for the IQPC Conference themed "strengthening Indigenous communities" describes the Assessment process, as a capacity building method, and the achievements of Blak Business.
OCR GCSE Business: 1.1 the role of business enterprise PowerPointRevisionstation
The purpose of business activity and enterprise
Spotting an opportunity, developing an idea for a business, satisfying the needs of customers
Written by Sarah Hilton for Revisionstation
Characteristics of an entrepreneur
Creativity, risk taking, determination and confidence
The concept of risk and reward
Japan Branch & Subsidiary co., K.K. co., G.K. co. / LLC Registration & Incorp...Sarkar Office Japan KK
Japan branch office, local subsidiary company such as KK, GK (LLC) registration formalities, features, differences & scope and establishment procedures along with other options available.
How a foreign company or entrepreneur sets up business presence in terms of formation of a legal entity depends upon the nature and magnitude of the business, proposed business operation, as well as legal, tax and other considerations!
Many options exist, ranging from a Branch office or a local Japanese subsidiary company such as Kabushiki-Kaisha (KK Co), Godo-Kaisha (GK Co) and there are several local types of company formations available. There is also a Japanese version of a limited liability partnership (LLP), is not a corporation, but a partnership format.
A foreign company or entrepreneur can set up a business presence (legal-entity) in Japan in one of following four(4) options:
• Representative Office
• Branch Office
• Subsidiary Company
• Limited Liability Partnership (LLP)
However to engage in commercial business activities in Japan the practical option is either to establish a “branch office” or a “local subsidiary company” as a legal entity.
“Note” re exception allowed for “subsidiary co.” since the change of regulation effective Mar'15.
Japanese govt. has allowed foreign co. to register a local subsidiary co. in Japan without a local “Resident in Japan”. [In case of G.K. Co. the overseas investor must be a corporation]
But in both cases it would require a temporarily a local “Resident in Japan” for the purpose of completing the procedure of paid-up capital for K.K. Co. & equity participation for G.K. Co.
In case of a K.K. Co. a “local resident shareholder” & in case of a G.K. Co. a “local resident member (equity holder)”.
Disclaimer: This information is for illustration purpose, no warranty is given that it is free from error or omission, and Sarkar Office® cannot be held liable for any decision made based on this information only!.
This document provides information about starting a taxi service business using MOWARES taxi software. It discusses that taxi services are in high demand and there is opportunity to start a new business. It recommends developing a business plan, obtaining proper licenses, hiring qualified drivers and dispatchers, ensuring vehicles meet regulations, and marketing the business to customers. Effectively managing costs, maintaining vehicles, and using GPS are also important factors for running a successful taxi business.
Managing Cash: Making Every Quarter Spend Like a BuckRev1 Ventures
The document discusses two ways for startups to increase available cash: spending less and taking in more. It provides tips for spending less such as using a home office, negotiating fees, treating variable costs as personal expenses, and using internships. It also suggests ways to take in more such as investing personally, seeking friends and family investment, applying to public/private funds, establishing lines of credit, and considering micro-lenders or crowdfunding. The main message is that startups need enough cash to operate until becoming cash flow positive.
This document provides guidance for starting a new business. It discusses choosing a company type like a private limited company, sole trader, or public limited company. It also covers incorporating online, protecting intellectual property, funding options like loans and grants, marketing strategies, and ongoing legal requirements like tax filings. The overall document aims to give practical advice to help new businesses get started and be successful.
IAPD/IPRA Conference Soaring to New Heights presentation for Human Resource professionals. Topics include: HR Best Practices; Class Action and Retaliation; Recent Court Cases; and HR Stories from the front lines.
Before you start writing your massage therapy business plan, spend as much time as you can to reading through some samples of a service related business plans. Not only will that give you a good idea of what it is you’re aiming for, but it will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their future plans.
We have created a sample massage therapy business plan example for you to get a good idea about how a perfect massage therapy business plan should look like and what details you should include in your business plan.
Source: https://upmetrics.co/template/massage-therapy-business-plan-example
This document provides an overview of resources for starting a small business, including guidance on evaluating if entrepreneurship is right for you based on your strengths and weaknesses. It discusses different business structures like sole proprietorships, partnerships, and corporations. The document outlines how to write an effective business plan, covering components like marketing, operations, and financial projections. It also offers tips on securing financing, such as considering personal savings, friends and family, banks, credit unions, or venture capital. The summary evaluates key factors for entrepreneurs to consider when starting and managing a successful small business.
Working Through a Limited Company BrochureWendy Church
This document provides information for professionals setting up their own limited company to work as independent contractors or consultants. It discusses why working through a limited company is required, how to set up the company, initial tasks like opening a bank account and registering for taxes, determining an appropriate daily rate, and other regulations and compliance considerations like insurance and record keeping. The specialist accountancy firm Competex offers services to help with all aspects of setting up and running a personal service limited company for independent professionals.
The beauty of Entrepreneurship is that it provides freedom, wealth, financial stability, jobs and the opportunity for change, in your family, community, country or the world.
Entrepreneurs and small business owners create social and economic value, opportunity and employment far beyond their organizations. Specifically affecting the U.S. economy by playing key roles as suppliers, customers, and service providers for other businesses.
There is a path to success, you must be aware of what you’re doing in your business as well as how you’re doing it. Accounting will be your road map, there are few ways around it and shortcuts only cost more in the end.
- James Ciocia is the co-founder of Gilman/Ciocia, a financial advisory firm based in Tampa, Florida that provides tax preparation and comprehensive financial planning services.
- Ciocia discusses how tax preparation led to providing financial advisory services to clients and how moving operations to Florida allowed them to better serve high-net-worth retirees.
- The interview covers topics like IRA rollover strategies, using Roth accounts, 72(t) distributions, and how Ciocia markets his firm's expertise in tax-efficient retirement planning.
The document introduces Andre Olivan and his background in commercial insurance brokering. It discusses how a Professional Employer Organization (PEO) can help businesses save 20-40% on expenses like workers' compensation insurance by taking on employer responsibilities. It provides an overview of the benefits of using a PEO for reducing costs, improving risk management, and assisting with human resources obligations. The document aims to demonstrate how engaging a PEO allows businesses to focus on their core operations.
The document discusses how tax departments can evolve from a focus on risk management and control ("the foundation") to also identifying opportunities to create value. It argues that to identify value drivers, tax departments must intensify their collaboration with other business functions like finance to deeply understand the full costs and impacts of business transactions. A "tax value framework" can be established to document this understanding of the business and help all employees identify potential value opportunities. By more fully comprehending the business from the perspectives of other functions, tax can help optimize costs and drive greater value for the company.
The document provides guidance on starting a new business by outlining important initial steps and questions to consider. It recommends doing self-assessment to identify strengths and interests, as well as extensive market research to evaluate business ideas, competition, customers, financing needs, and risks. A business plan is also emphasized to define goals, operations, finances, timelines, and next steps to formally layout the business vision. Feedback from others is advised to strengthen the plan before launching the new venture.
This document discusses starting a small used car business called Bolton Cars. It includes tasks analyzing the business venture, financing options, cash flow projections, and strategies to avoid cash flow issues. The business would buy and sell used cars and offer auto repair services. Key details include securing a property, sole trader business structure, £50,000 loan options from banks or grants, and 12-month cash flow projections showing a net annual profit of £76,486. Avoiding cash flow issues is emphasized through maintaining positive cash flow, managing expenses, and keeping an emergency cash reserve.
Before starting a business, one must consider start-up costs by budgeting finances from personal savings, friends and family, or loans. A business plan should then be made that outlines the type of business - whether it be a franchise, buying an existing business, or starting from scratch. Location and competitors are also important factors, as the business should be in a busy area and offer products competitors do not. Insurance, licenses and registrations, legal obligations, research, marketing, staffing needs, and technology choices must all be addressed to lay the foundation for a successful new business. Compromising on any of these critical factors could hamper the business's growth.
Ultimate Guide to Selecting a Business BrokerEric J. Gall
The document provides guidance on selecting a competent business broker. It emphasizes that brokers should have relevant certifications like CBI and CM&AP, belong to associations like IBBA, be willing to co-broker, sell businesses full-time, have a track record of sales, charge reasonable fees typically based on sale price, properly value and price the business, have an effective marketing process, maintain confidentiality, and qualify interested buyers. The ideal broker invests in their education and focuses exclusively on selling businesses to maximize value for clients.
Business founders should consider market demand through research, securing adequate financing and capital, gaining expertise in their industry or field, assessing the competitive landscape, choosing a suitable location, and preparing necessary human resources like hiring qualified employees and creating advantageous work environments before starting a new business.
Neal Hall started his financial planning firm Atherton York two years ago after previously working at another financial planning firm. Atherton York has grown to over 100 clients currently and focuses on passive investments with low costs. Hall attributes the firm's success to building trust with clients and taking a simple approach to investing with funds like Vanguard. The firm aims to provide honest, personalized service while keeping costs low for clients.
The document discusses career opportunities in finance for MBA graduates, including in commercial banking, private banking/wealth management, accounting, corporate finance, and financial operations. It provides overviews of the different roles within each field, such as credit analysts, relationship managers, and treasury managers in commercial banking, and investment advisors and relationship builders in private banking. It also outlines typical career paths, such as starting as an associate and progressing to senior associate, manager, and partner at accounting firms.
This document provides information about the AAT Accounting Qualification and how to pursue it. It outlines the 5 steps to take which include reading about the qualification, selecting a training provider, registering as an AAT student member, qualifying by developing skills and knowledge over 2-3 years, and applying for MAAT professional membership once qualified. It then discusses learning options like full-time, part-time, and distance learning to suit different lifestyles. Assessment is done via computer-based exams.
Indigenous Business Development :: JM John Armstronglinda carroli
JM John Armstrong is the Principal of Harbinger Consultants. He has spent many years working with Indigenous enterprises and entrepreneurs. In his work with Blak Business Smart Business, he developed the Business Readiness Assessment method as a culturally appropriate and responsive approach to business development with Indigenous entrepreneurs and communities. This presentation for the IQPC Conference themed "strengthening Indigenous communities" describes the Assessment process, as a capacity building method, and the achievements of Blak Business.
OCR GCSE Business: 1.1 the role of business enterprise PowerPointRevisionstation
The purpose of business activity and enterprise
Spotting an opportunity, developing an idea for a business, satisfying the needs of customers
Written by Sarah Hilton for Revisionstation
Characteristics of an entrepreneur
Creativity, risk taking, determination and confidence
The concept of risk and reward
Japan Branch & Subsidiary co., K.K. co., G.K. co. / LLC Registration & Incorp...Sarkar Office Japan KK
Japan branch office, local subsidiary company such as KK, GK (LLC) registration formalities, features, differences & scope and establishment procedures along with other options available.
How a foreign company or entrepreneur sets up business presence in terms of formation of a legal entity depends upon the nature and magnitude of the business, proposed business operation, as well as legal, tax and other considerations!
Many options exist, ranging from a Branch office or a local Japanese subsidiary company such as Kabushiki-Kaisha (KK Co), Godo-Kaisha (GK Co) and there are several local types of company formations available. There is also a Japanese version of a limited liability partnership (LLP), is not a corporation, but a partnership format.
A foreign company or entrepreneur can set up a business presence (legal-entity) in Japan in one of following four(4) options:
• Representative Office
• Branch Office
• Subsidiary Company
• Limited Liability Partnership (LLP)
However to engage in commercial business activities in Japan the practical option is either to establish a “branch office” or a “local subsidiary company” as a legal entity.
“Note” re exception allowed for “subsidiary co.” since the change of regulation effective Mar'15.
Japanese govt. has allowed foreign co. to register a local subsidiary co. in Japan without a local “Resident in Japan”. [In case of G.K. Co. the overseas investor must be a corporation]
But in both cases it would require a temporarily a local “Resident in Japan” for the purpose of completing the procedure of paid-up capital for K.K. Co. & equity participation for G.K. Co.
In case of a K.K. Co. a “local resident shareholder” & in case of a G.K. Co. a “local resident member (equity holder)”.
Disclaimer: This information is for illustration purpose, no warranty is given that it is free from error or omission, and Sarkar Office® cannot be held liable for any decision made based on this information only!.
This document provides information about starting a taxi service business using MOWARES taxi software. It discusses that taxi services are in high demand and there is opportunity to start a new business. It recommends developing a business plan, obtaining proper licenses, hiring qualified drivers and dispatchers, ensuring vehicles meet regulations, and marketing the business to customers. Effectively managing costs, maintaining vehicles, and using GPS are also important factors for running a successful taxi business.
Managing Cash: Making Every Quarter Spend Like a BuckRev1 Ventures
The document discusses two ways for startups to increase available cash: spending less and taking in more. It provides tips for spending less such as using a home office, negotiating fees, treating variable costs as personal expenses, and using internships. It also suggests ways to take in more such as investing personally, seeking friends and family investment, applying to public/private funds, establishing lines of credit, and considering micro-lenders or crowdfunding. The main message is that startups need enough cash to operate until becoming cash flow positive.
This document provides guidance for starting a new business. It discusses choosing a company type like a private limited company, sole trader, or public limited company. It also covers incorporating online, protecting intellectual property, funding options like loans and grants, marketing strategies, and ongoing legal requirements like tax filings. The overall document aims to give practical advice to help new businesses get started and be successful.
IAPD/IPRA Conference Soaring to New Heights presentation for Human Resource professionals. Topics include: HR Best Practices; Class Action and Retaliation; Recent Court Cases; and HR Stories from the front lines.
Before you start writing your massage therapy business plan, spend as much time as you can to reading through some samples of a service related business plans. Not only will that give you a good idea of what it is you’re aiming for, but it will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their future plans.
We have created a sample massage therapy business plan example for you to get a good idea about how a perfect massage therapy business plan should look like and what details you should include in your business plan.
Source: https://upmetrics.co/template/massage-therapy-business-plan-example
This document provides an overview of resources for starting a small business, including guidance on evaluating if entrepreneurship is right for you based on your strengths and weaknesses. It discusses different business structures like sole proprietorships, partnerships, and corporations. The document outlines how to write an effective business plan, covering components like marketing, operations, and financial projections. It also offers tips on securing financing, such as considering personal savings, friends and family, banks, credit unions, or venture capital. The summary evaluates key factors for entrepreneurs to consider when starting and managing a successful small business.
Working Through a Limited Company BrochureWendy Church
This document provides information for professionals setting up their own limited company to work as independent contractors or consultants. It discusses why working through a limited company is required, how to set up the company, initial tasks like opening a bank account and registering for taxes, determining an appropriate daily rate, and other regulations and compliance considerations like insurance and record keeping. The specialist accountancy firm Competex offers services to help with all aspects of setting up and running a personal service limited company for independent professionals.
The beauty of Entrepreneurship is that it provides freedom, wealth, financial stability, jobs and the opportunity for change, in your family, community, country or the world.
Entrepreneurs and small business owners create social and economic value, opportunity and employment far beyond their organizations. Specifically affecting the U.S. economy by playing key roles as suppliers, customers, and service providers for other businesses.
There is a path to success, you must be aware of what you’re doing in your business as well as how you’re doing it. Accounting will be your road map, there are few ways around it and shortcuts only cost more in the end.
This document provides a guide for UK freelancers on setting up and managing their freelance business. It discusses the different legal structures a freelance business can take, including sole trader, limited company, partnership, and limited liability partnership. It emphasizes the importance of understanding employment status and the IR35 rules, as freelancers can be deemed employees for tax purposes if they behave too much like employees of their clients. The guide stresses setting up the business properly, with separate bank accounts, equipment, phone lines, and informing HMRC. It provides a checklist for freelancers to ensure they have the proper administration, IT systems, marketing, and client processes in place.
To open a financial agency in India, one must register with the Register of Financial Intermediaries. This involves a complex bureaucratic process. The business must be set up as a specific corporate form with a minimum paid-up share capital of 5 times the minimum for a normal company. Initial costs can be high, in the thousands of dollars, for premises rental, legal/accounting fees, furniture, and equipment. Revenues come from commissions on loans and financial services issued. Opening a franchise financial agency offers advantages like support, brand recognition and lower startup costs compared to independent operation.
Accounting offers a wide variety of career opportunities beyond just processing financial transactions. Jobs in accounting include clerks who record sales and purchases, payroll clerks, management accountants who finalize financial statements, auditors who ensure accounts were done correctly, and tax advisors with specialized knowledge of taxation laws. While attention to detail and accuracy are important skills, accounting also involves advising clients and using specialized knowledge to help the business and lower tax bills. The field demands strict ethical standards as accountants work with sensitive financial data.
Basics of Small Business: How to Avoid 8 Traps! These are the slides used during the BDPA Cincinnati chapter program meeting held in March 2011. The presentation was made by Clarence Larcarte.
The document outlines several advantages of working as an independent contractor rather than an employee. It discusses having increased income and take-home pay since contractors can negotiate higher rates. Contractors also have more flexibility over managing their own time, being their own boss, and controlling their work-life balance. They can organize their finances and income tax efficiently. Working various contracts improves skills and makes contractors more marketable. The document also promotes the services of Foremans LLP to help contractors with administration so they can focus on their work.
Here's my "Artist's Guide To Owning & Operating a Business." It's for creative entrepreneurs that want to help get their business up and running quickly. Contact my office to supercharge the findings in my report!
This document provides an overview of Crunchers, an accounting firm that takes an alternative approach to traditional accounting. Some key points:
- Crunchers focuses on value rather than charging for time. They offer low prices for basic accounting work and help clients improve their business results through a system called "Improving the Numbers."
- Their purpose is to improve clients' lives by taking away stress with cost-effective accounting and helping entrepreneurs build successful businesses.
- They aim to have free year-end accounts eventually and guarantee a formula for building a great business.
- Crunchers works to develop trusting relationships with clients and provide a personalized service through training, support, and guarantees to fix any mistakes.
“Certified Public Accountants (CPAs) are advisers on a wide range of financial matters. They advise individuals, businesses, financial institutions, nonprofit organizations and government agencies and help with tax preparation, personal financial planning, auditing services, and advice on developing effective accounting systems.”
Financial advisors provide advice relating to investment strategies, mutual funds, bonds, and stocks, and their knowledge is more necessary than ever as Baby Boomers near retirement. Here's how to start your career as a financial advisor. In other words financial planning is the process of assisting the house owners in meeting their goals like child’s education, car purchase, vacation, retirement and so on, by way of appropriate management of the finances.
For more information visit now http://www.financialadvisertips.com
This document provides information about career opportunities at BDO, an accounting firm. It highlights that accounting work involves variety and color due to the diverse clients and industries served. BDO seeks candidates with diverse talents and personalities to match the diversity of clients. The document summarizes various roles in audit, tax, advisory, and risk and advisory services and emphasizes that work involves client interaction, teamwork, and opportunities for growth.
The 10 Most Common Mistakes Small Business Owners MakeNancy Byerly
The document discusses the 10 most common mistakes that small business owners make. These include:
1) Not understanding financial statements and how to properly analyze them.
2) Working in the business rather than on growing the business by developing plans and finding new customers.
3) Failing to set defined, measurable goals for the business.
4) Not holding employees accountable for their performance and goals.
5) Not taking the time to understand customer needs and problems to provide better solutions.
6) Lacking proper communication within the business and with customers.
7) Having an unclear vision or plan for the future of the business.
8) Failing to anticipate changes in the market that could impact the business.
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2. firms will not provide exposure in areas of
small and medium practicing firm. Ideally a person
should join small and medium size firm where he
learns everything from audit to taxation from
executing to handling client.
Even before you start your
article ship one has to decide
the career in terms of joining
job or starting your own
practice. The early you decide
it is better. If one is keen to join
practice then joining big four
3. In case your family members are already in
professional practice it becomes easier to
carry on legacy, as you get years of
experience and ready clients to serve.
Starting your own practice without any
family background is challenging and that too
if your area of expertise in article ship is
different from area you chose in practice.
4. While different professionals may have
different areas of expertise, most practicing
company secretaries render company
secretarial services – such as taking care of
corporate law compliances, handling
company law matters, and so on.
Can a practicing company secretary (PCS)
appear before a court? No. That power is
reserved with legal professionals. However,
PCSs do provide back support in corporate
law litigation.
5. Can a PCS give legal opinions on company
law matters – certainly yes. Not just in
company law matters but in matters
pertaining to securities laws, foreign
exchange laws, competition laws, etc. Much
would depend on the proficiency of the
individual concerned.
Can a PCS handle corporate law litigation in
quasi-judicial bodies, say, Company Law
Board? – Certainly yes.
6. Open CS Firm as
Proprietor/Partnership/Consultancy Company
Work in law firm/CS Firm, CA Firm, and
Consultancy Firm as COP holder
After experience of 15 years PCS can become
Member of NCLT and NCLAT.
7. Positives
Collaboration – Using your collective knowledge and
judgment can make yours a stronger practice
Support – You can cover holidays, sickness, etc. between
you
Companionship – It’s natural for humans to want to share
experiences with others
Costs – Economies of scale from shared resources
Image – The public may view a partnership better than a
solo practice
Different strengths – Beyond the technical, think about
business development and client and staff management.
8. Negatives
Compromise will be required from time to time – you are
not simply your own boss
Differing levels of competence and motivation could lead
to frustration
Conflict – some partnerships don’t last, and the end may
not be amicable.
Different time frames and objectives – Compromise will
help but sometimes these need careful negotiation to
resolve
Risk – Your partner’s actions expose you to risk.
9. You have a comfortable office
space where you and your
client feel a good atmosphere
Basic Infrastructure
Competent/Necessary Staff
Supportive Hands
Financial competence- Calculate the fixed
investment and recurring expenses than plan
how to meet out the source of funds, making
a cash flow statement as given below
10. If you have decided to practice, start preparation of
statutory records, registers, MCA e-filling, IT returns,
GST returns, TDS returns even at the time of your
articles, on your own, for your friends, relatives,
neighbors. That is the first circle of your professional
work. First you need to get out of the fear of doing
works on your own.
Then slowly the above people will start referring
more people for you. First recognize yourself as a PCS
in your area Whatever work comes to you , be it,
getting Company Profile, MOA/AOA, do simple e
filling , take that and do it in a sincere manner.
11. In early stages don’t expect too much fees
but always demand for quality of work, you
have to convince that I am charging the fees
of time given on your work only. Don’t go for
work done at lowest price because if you
start your work with lesser price than entire
clientage will come on the same price and
after some time you feel that I have lot of
work but my earning is so less.
12. If you want to be prudent, join in a practicing
firm as an employee after you have become a CS
so that a regular income is assured, then start
doing the above activities parallely. But you
should manage both parallely.
Always try to added value to clients. As much as
possible advice your client-
1.As to how to run business effectively,
2.How to manage funds effectively.
3.If possible arrange him some loans and tell
him that he can claim interest as an expense
(tax savings on that) instead of running
business on his own funds. Like that I say.
13. If you want to establish the name of your firm or
proprietorship in the society, just put an article
assistant under you. He will take care of the
rest. The moment he starts learning, he will tell
his friends about his office and in many cases he
recommends people for professional works to
your office.
Wherever you go, whomsoever you meet, shake
your hands confidentially and give your visiting
card.
Attend as many social functions as possible.
Don’t speak unnecessarily anywhere and try to
make as many new friends as possible. Never
underestimate anyone. Even a car driver could
bring his wealthy boss as client to you.
14. To the extent possible wear dress formally.
That adds value as a professional.
Approach banks/Financial Institutions for
Search Reports, Charge Registration work,
other MCA services, start registering in
empanelment sites for banks etc.
“Remember one thing; 10 years down the
line, your one month earning will be equal
to your one year earnings at the initial
stages.”
15. Being updated: You aren’t required to know
everything but make sure that you are
updated at least for the sake of conversation
with your clients or to be clients.
Networking: I will be joining Rotary club and
Lions club of my town for the purpose of
networking so that I can meet new people,
get new clients and improve my overall
personality.
16. Collaboration: You need to understand that you
can’t be an expert in everything when you are
into practice. You should try for collaborations
with other professionals so that faster services
are provided to your clients.
Try to understand client’s mentality: You can’t
be strict at each and everything whenever you
are into practice. So if there is any mistake from
client’s end you need to understand the issues
and solve them.
“We as professionals first need to focus on
building goodwill for 1st 5 years rather than
just earning money.”
17.
18. Lawyer and Tax Consultants Our profession
provides better opportunities in practice than
that of Chartered Accountants, Lawyers and Tax
Consultants. In case of Legal professional though
areas of practice is huge, however if we see
number of Lawyers in India are more than 17
Lakhs. In CA the area of practice is very huge
and they are engaged in so many practices like
Taxation, Bank Audits, Project Financing so they
don’t have time to look after the day to day
compliance in relation to MCA, however most of
it can be even done by CA barring few
certification which is mandatory by CS but now a
day’s every practicing chartered accountants
need
19. Creating Expertise Vs General Practice
Initially it is advisable to go for general
practice, so that you learn and explore each
area. No point when you are jack of all but
master of none. So in long run it is always
better to specialize in some area. However it
comes with its own risk. Imagine government
to abolish Income Tax Act! Then all those
who has specialize in Income Tax Field will
find it difficult to start something new.
20. Pursuing your dreams
Do not forget in practice you are your own boss.
You can always have a work life balance. You can
always fulfill your dreams. Yes in beginning you
have cash flow issues and may have to take
monetary hit, however the self-satisfaction you
get is immeasurable. I personally had that
opportunities to explore many new desires which
would have been difficult if I would have been
employed, as you have to give at least 10 to 12
hours to job. In summary there are challenges to
start your own practice but the real fruits you
get only with patience and trusting oneself.
21. Legal, Secretarial and Corporate Governance
Incorporation of companies
Incorporation of special object companies
Section 25 company
Producer company
Guarantee company
Mutual benefit company
Change of name/objects of a company
Shifting of registered office from one state to
another
Petition with CLB
Representation before Regional Director
22. Conversion of companies
Struck off /Reinstatement of Companies
under CA 2013
Annual return certification
Filling and filing of various forms and returns
etc with MCA
Maintenance of statutory records and
minutes book under companies act, 2013
23. Corporate Restructuring
The process involved in changing the
organization of a business. Corporate
restructuring can involve making dramatic
changes to a business by cutting out or
merging departments that often has the
effect of displacing staff members.
Merger and/or Amalgamation of Companies
24. Foreign Collaborations and Joint Ventures
In joint venture, a business enterprise is formed for
profit in which parties of joint venture share
responsibilities in an agreed manner, by providing
risk capital, technology, trade mark & access to
market, etc. Example: UNITECH and TELENOR by
joint venture make a new company called UNINOR.
A Joint Venture Agreement should be as such which
shall deal with all the points mentioned under the
MOU (Memorandum of Understanding) so that the
venture shall not take the form of a bad
experience. Hence everything from the MOU point
of view as well as the legality point of view the
document shall be included.
25. Arbitration and Conciliation
The primary difference
between arbitration and
conciliation is that
arbitration is the process by
which parties select an
independent person, who
renders a decision regarding
the case. Conversely,
conciliation attempts to
make parties come to an
agreement, about the
problem at hand
26. Industrial Disputes are always harmful to all
stakeholders – employees, society,
management, government, etc. resulting in
loss of revenue, production, profit and much
more. However, it is the employees who are
worst affected by the industrial disputes, as
the consequences would be a lockout which
may lead to loss of wages and even jobs.
Industries are the backbone of the economy,
and if the strife may continue for long, the
whole economy may collapse. So, the
settlement of industrial disputes should be
done as soon as possible.
27. Financial Management
Financial management focuses on ratios,
equities and debts. It is useful for portfolio
management, distribution of dividend, capital
raising, hedging and looking after fluctuations in
foreign currency and product cycles. Financial
managers are the people who will do research
and based on the research, decide what sort of
capital to obtain in order to fund the company's
assets as well as maximizing the value of the
firm for all the stakeholders. It also refers to the
efficient and effective management of money
(funds) in such a manner as to accomplish the
objectives of the organization.
28. Project Planning
Initially, the project scope is defined and the
appropriate methods for completing the project
are determined. Following this step,
the duration for the various tasks necessary to
complete the work are listed and grouped into
a work breakdown structure. Project planning is
often used to organize different areas of a
project, including project palns, work loads and
the management of teams and individuals. The
logical dependencies between tasks are defined
using an activity network diagram that enables
identification of the critical path.
29. Project planning is inherently uncertain as it
must be done before the project is actually
started. Therefore the duration of the tasks
is often estimated through a weighted
average of optimistic, normal, and
pessimistic cases. The critical chain method
adds "buffers" in the planning to anticipate
potential delays in project execution.
Float or slack time in the schedule can be
calculated using project management
software.
30. Then the necessary resources can
be estimated and costs for each activity can be
allocated to each resource, giving the total
project cost. At this stage, the project
schedule may be optimized to achieve the
appropriate balance between resource
usages and project duration to comply with the
project objectives. Once established and agreed,
the project schedule becomes what is known as
the baseline schedule. Progress will be measured
against the baseline schedule throughout the life
of the project. Analyzing progress compared to
the baseline schedule is known as earned value
management.
31. The inputs of the project planning phase 2
include the project chapter and the concept
proposal. The outputs of the project planning
phase include the project requirements, the
project schedule, and the project
management plan.
32. Capital Market and Investor Relations
Investor relations (IR) is a strategic management
responsibility that is capable of integrating
finance, communication, marketing and
securities law compliance to enable the most
effective two-way communication between a
company, the financial community, and other
constituencies, which ultimately contributes to a
company's securities achieving fair valuation.
The term describes the department of a
company devoted to handling inquiries from
shareholders and investors, as well as others who
might be interested in a company's stock or
financial stability.
33. Due Diligence
Due diligence is the investigation or exercise
of care that a reasonable business or person
is expected to take before entering into an
agreement or contract with another party, or
an act with a certain standard of care.
It can be a legal obligation, but the term will
more commonly apply to voluntary
investigations. A common example of due
diligence in various industries is the process
through which a potential acquirer evaluates
a target company or its assets for
an acquisition.
34. The theory behind due diligence holds that
performing this type of investigation
contributes significantly to informed decision
making by enhancing the amount and quality
of information available to decision makers
and by ensuring that this information is
systematically used to deliberate in a
reflexive manner on the decision at hand and
all its costs, benefits, and risks.
35. Corporate Advisory Services
Corporate Advisory Services is an umbrella
term that encompasses specialized advice’s
rendered to corporate houses by professional
advisors such as accountants, investment
banks, law practitioners and host of similar
service providers. Mainly the following
services are covered:-
Making of public issue and Issue Management
Project counseling and pre-investment
studies
36. Corporate restructuring
Capital structuring and restructuring
Loan syndication
Liaison with foreign collaborators and making
preparation for joint ventures
Raising foreign currency loans Euro issues,
FCCB’s etc
Merger and acquisitions
Making valuation and re-valuation of assets
Consultancy for rehabilitation of sick
industrial units
37. Taxation- Direct/Indirect Taxes
PCS also getting involved in practice of
Income Tax, Wealth Tax, Luxury Tax, Goods
and Service Tax (GST) as consultant or do
whole time practice, In small and medium
cities it is more effective and income rising
source for settle your practice.
So many PCS are doing practice of Income
tax, Service Tax, GST in India with very good
expertise and they are presenting a strong
professional image in front of Tax
authorities.
38. The Council of the Institute of Company
Secretaries of India at its 178th meeting
held on 29th December, 2007 approved the
following Guidelines for Advertisement by
Company Secretary in Practice.
Write ups in Newspapers and Magazines
Appearing on local radio or television giving
advice on appropriate topics
Giving speeches/lectures at any platform
including Seminars, Conferences, Workshops,
Conventions, etc. on issues of
public importance
39. Holding seminars for clients
Briefing clients/ prospective clients
individually on issues in which the PCS can
help with their businesses
Sponsoring a local event or Helping with
community programmes or doing voluntary
work as a professional for
charitable organizations
Own website and other portals of
professional importance
Creating a visual identity
40. Location and décor of the workplace,
meeting rooms, etc.
Display of Firm name, Logo or any other
identity on Uniform, Ofice/s, office
stationary & equipments/material and
providing Training to Staff.
Use of social media like Facebook and
Whatsapp for advertising the range of
professional services and sharing of relevant
information.
Newsletters, direct mails, postcards, emails,
etc.
41. “Conclusion- at last we are on this conclusion
that we have to decide at the time of study
“what should we do either we go for
employment or for doing practice” an early
stage decision will gives us better
understanding and success in our field. So at
the time of your practical and management
training you go for suitable place where you
learn according to your choice.”