Startups

Role of a Professional Expert

Given the complex yet progressive Indian regulatory environment, it is extremely important for early stage companies to have the right compliance systems in place since inception to avoid the hassles of disputes with Government authorities in future.

It is important that the new companies should focus on critical business aspects like strategy, branding, product development, sales & marketing, financing, supply chain, IT infrastructure, banking etc. and outsource regular compliance activities to a professional expert which is both time and cost effective.

The dedicated service of a Consultant coupled with specialized experience reaps multiple benefits such as:

  • Appropriate compliances and statutory reporting to claim Government incentives for Startups.
  • More time to focus on top line and business expansion to lighten your administrative burden and ensure you are compliant with Indian laws.
  • Advantage of having trusted business partner at an early stage is a great source of strategic advice as the evolving business ensures smart and calculated decisions.
  • Appropriate financial information entrusts Investor’s confidence.

How we can assist

At KrayMan we offer one stop – shop for Startup business for their regulatory and compliance needs viz. Accounting, Assurance, Tax, Secretarial, Human Resources and other business support services.

Our experienced team of Chartered Accountants, Company Secretaries, Cost Accountants & MBAs with relevant expertise cater a wide range of professional services at a nominal fee.

Our service offering for Startup business provides expert services of a professional Firm at a cost less than a full-time employee.

We also assist as business partners by formulating business plans, suitable organization structure, optimum capital mix, MIS reporting for various stake holders, vendor and customer management etc.

We handhold young business navigate through the demanding necessity of compliances!!!!

Our Startup Service Offerings

Our areas of services to Startups at various stages of their business cycle:

Stage 1 – Starting up

  • Assistance in identifying the right business structure
  • Obtaining Business licenses
  • Incorporation filings
  • System implementations
  • Setting up Policies and procedures
  • Setting up HR infrastructure
  • Expense tracking
  • Financial planning
  • Virtual CFO services

 

Stage 2 – Operational

  • Month-end accounting
  • Revenue accounting
  • Preparation and Filing of Corporate Income Tax Return
  • Contracts administration
  • Payroll
  • AR/AP (accounts payable/accounts receivable)
  • Tax preparation
  • Financial reports
  • Fixed assets tracking

 

Stage 3 – Growth

  • Pricing
  • Cash flow analysis
  • Audit support and preparation
  • Financial forecasting
  • Budget creation
  • Cost Reduction
  • Change Management

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