Business Strategy

We work with you and first understand your uniqueness in your area of operation. Contributing with our vast experience and transparent professional approach, we help you draw up your Business Strategy aimed at launching you to higher levels.  This includes the drawing up of the Vision and Mission Statements. BeFIT helps in translating your Business Strategy into Business Goals. A brief list of these services would include :

• Designing and Implementation of Organisation Structure, Business Planning Systems.
• Incorporation of the Company.
• Preparation of Project Reports, Financial Planning etc.
• Obtaining Government Approvals for the projects under the various promotional schemes of the Local as well as Central Government. ( SIA / STPI / SSI etc )
• Registration with all required regulatory and statutory authorities for the functioning of the organization. (RBI / PF / ESI / Excise / Customs / Sales Tax / Service Tax / Income Tax / TDS etc )
• Designing of processes for documenting external relationships.
• Designing and Implementation of Quality initiatives like ISO, Six Sigma etc.

Business Process Improvement

Business Processes form the backbone of every organisation and in order to be able to reach higher operational levels, it is imperative that well designed and efficient processes are put in place in all the key areas of the organisation. In most of the Business Enhancement models, Processes are given a weightage of 40% and is the central link between the input resources and the output results. Based on the Business Goals, we identify the various process needs and work very closely with your team in defining the processes, their objectives, the systems to manage the processes, the benchmarking of the process results, documentation of the process document etc. We also study each and every existing business process and streamline and optimize them to deliver the results in meeting the organization's objectives. A brief list of these services would include :

• Designing and implementation of all policies and procedures related to all the departments of the organization.
• Designing and Implementation of MIS Systems.
• Development of the operational team for taking over the maintenance and improvement of the systems and processes.

• Designing and Implementation of Financial systems and processes of the organization.
• Co-ordination with financial agencies for funds arrangement if any.

Taxation Advisory

We strongly believe that every organisation should comply with all the legal requirements of taxation legislation which is the only way to ensure the protection of any risks to the investor. With our vast experience in both Direct and Indirect Taxation, we comprehensively study the business of the client and advise them on the areas of compliance and also intelligent ways of transaction structuring to minimise the incidence of taxation. We also set up the required systems and processes to ensure proper compliance with the statutory requirements. As part of our continuing service to our clients, we offer them continuous advice on various new legislations and regulations that might affect their business.  We lay special emphasis on best practices in compliance management to ensure that the organization maintains high levels of integrity. A brief list of these services would include :

• Designing and Implementation of an efficient transaction system with an objective to minimize the tax incidence on the Business.
• Obtaining required approvals and clearances from Taxation authorities related to both Direct and Indirect Taxation. Direct Taxation relates to Corporate Income Tax. Indirect Taxation relates to Central Excise, Customs, Local Sales Tax, Central Sales Tax, Service Tax etc.

Outsourced Services

Through our associates, we provide several other services like audits, PF, ESI Administration, maintenance of accounts, Sales tax, Service Tax, Central Excise administration, STPI interaction and all other activities that an organisation may require. Please contact us for any of these services and we will ensure that our associate gets in touch with you very promptly. Some of these services are :

• Accounting Services
• Payroll Services
• Staff Taxation Services
• Direct Taxation Periodical Returns and Compliances
• Indirect Taxation Periodical Returns and Compliances
• Periodical Services related to promotional agencies.
• Periodical Returns to Financial Institutions.
• Company Law related services.