Selection of the Type of Business2021-12-23T18:17:18+05:30

Selection of the Type of Business

A Game Plan To Convert Prospects Into Raving Customers

Consulting Services

How will we help you ?

We at farol provide complete business management consulting to help organizations improve their performance and efficiency. We analyze businesses and create solutions while also helping companies meet their goals. From assessment to execution we’re with you!

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Overview

A detailed study is done with the background of promoters about their interest , experience , availability of infrastructure and finance to come to the conclusion about the type of the business to be done like service industry , Trading , Manufacturing , segments and many more parameters are considered.

Our Focus

  • Assessment of Promoters
  • Available 3Ms’
  • Market Survey/span>
  • Return On Investment
  • Margin of Profit on Sales
  • System of
    Accounts

A detailed report is prepared about the experience, education, interest, skill, personal goat etc of the promoters to arrive at the decision to start this type of business.

Once the type of business is fixed, accordingly need to assess the availability of money, material and manpower or any of them is required periodically to work out operating cost Vis a Vis expected Sales.

At the third stage, FAROL provides Consulting service of Market Survey to forecast sales and expected profit.

To start an IBU is like starting a new business. Client is already in the business and starting an IBU so obviously , he would be interested to know about the Return on his Investment to take any decision

Based on the cost of procurement , production, inventory, operating cost , reserves , margins of profit s need to know to project the future business 

Due to a lot of legal compliance , whether all records are maintained properly. If in case it is required in future . All the audited accounts are submitted to the government authorities or not.

Expected Key Benefits

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Success Stories

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