Business Advisory Services
- Financial & tax due diligence
When any business wants to invest money in another to buy a stake or to buy the business entirely, the investors obviously want to be sure of the soundness of the financials of the investee company. Before committing to the transaction, the buyer will want to ensure that they know what they are buying and what obligations they are assuming, the nature and extent of the target company’s contingent liabilities, problematic contracts, litigation risks and intellectual property issues. This is where we assist the investor in conducting a buy-side due diligence to present a holistic summary of the business’s financial health and flagging off the potential deal-breakers.
We also conduct vendor due diligence wherein a prospective vendor tries to obtain a pro-active financial assessment from a third-party consultant in the process of getting ready for a stake sale.
Our due diligence process is seamless, and we not only comment upon the financial health and viability but also report on industry trends, reporting requirements and compliances.
- India entry strategy for foreign enterprises/ Incorporating companies in India
India is being marketed as an investment hub globally and a lot of global enterprises are showing keen interest in investing money in India. But the regulatory frameworks of different countries are different and any enterprise which wants to set up shop in any new country will need to acquaint itself with the compliances in that country. This may turn out to be too overwhelming and might consume disproportionate energy and resources.
We, at MMC, assist such prospective investors by helping them adhere to all the applicable laws and comply with the provisions of the various Acts like the Foreign Exchange Management Act, 1999; the Companies Act, 2013; the Income Tax Act, 1961 and the Securities Contracts (Regulations) Act, 1956
The biggest pre-requisite in intelligent decision making when it comes to investing in an asset or taking over a business or financing and dividend choices is what the asset or the enterprise is worth and what determines this value. Valuation, hence, assumes utmost importance in sound investing. A postulate of sound investing is that an investor does not pay more for an asset than it is worth. But how does one determine this “worth”? The process of valuation is a detailed one and considers various optional methodologies to arrive at the correct value. We assist our clients in arriving at this “value” so that they are able to take smarter and more informed decisions.
- Business planning strategies
A business plan is nothing but a formal statement of the business goals which also considers the relevant resources and constraints and the time frame to achieve these goals. A business plan may be prepared before a business is set up or at the time of expansion or diversification, or while seeking financing or investment. A well-defined business plan lays out a vision of growth and the steps required to reach there.
We carefully understand the scenario facing our client and prepare a tailor-made business plan to suit the specific requirements.
- Foreign exchange management consulting
We have senior professionals with experience in FEMA and we provide advisory services to individuals and corporates regarding repatriations, investment entry strategies, FIPB permissions , business valuation certifications and the like.
- Corporate governance advisory
The variety of corporate scandals which the business world has seen in the recent past has shaken the public confidence in corporate management. The need for corporate governance is then, imperative for reviving investors’ confidence in corporate management. While regulators are strengthening the regulatory framework, companies have now started focussing more on governance structures, risk management policies and disclosure practices.
Our team is equipped to advise clients on governance structures, internal controls and risk management across various sizes of businesses and across multiple industries. We also help our clients put up governance structures in place to ensure a meaningful corporate governance exercise.
We have specialised team to provide trainings to banks, commercial organisations and government organisations on various topics like accounting, auditing, corporate governance and banking. Our team has the experience of providing trainings at various levels of management including the top management like the Board of Directors of various companies.