Business Entity Structure
If you are a new business , you may need advice on the type of Business Entity to be setup namely sole proprietor, partnership firm, Limited liability partnership (LLP) and company. The decision needs to consider various factors such as ownership structure, taxation implication, and financing flexibility.
Techno-Economic Viability & Business Plan
The Business plan is required to understand the risks and returns in new or expansion projects, and may also be required by banks and financial institutions to make the lending decision. The business plan can be a two part process, initially, focused to determine the techno economic viability (TEV) and, later, perform a detailed project report (DPR), after the project viability has been established. The business plan includes details such as management capability, technical feasibility, market potential, SWOT analysis and financial viability.
Funding Support: Credit Monitoring Arrangement (CMA) Report
Before making the funding decision. banks may require a CMA report, also called CMA Data to understand the flow and application of funds and the business viability. The CMA report contains the past, present and projected figures put in a format prescribed by the bank or RBI with the required financial analysis and ratios, based on realistic assumptions. The details to be submitted in order to obtain a CMA report includes Financial Statements, Analysis of Balance Sheet, Fund Flow Statement and Ratio Analysis.
MYiCFO team has financial and business experts who can prepare the Business Plan and the CMA report. If a basic business plan already exists, we can give a professional review, suggest changes and update it appropriately. We can add detailed financial forecasts and advise on additional content that should be included, considering the target audience for the plan.
Our team has a good understanding of business entity structuring and can provide advice considering various tax and financial trade-offs based on your future plans.