Ease of doing business in India
In India, several majors were
taken by the Government of India to make business regulations simpler to
promote ease of doing business in India. In 2014, our PM Mr Narendra Modi shared
his vision of taking India amongst the top 50 countries of the World Bank’s
Doing Business report. At the time, India was ranked 142 out of 189
economies but now India’s stands at 77 in Doing Business 2019 released recently
by World Bank Group.
In recent
years, Government of India has undertaken several initiatives and introduced
new programmes like Start up India, Make in India, Digital India and many more
to promote ease of doing business in India.
Does Your Small Business Need a Consultant?
For ease of doing business in India it is very important to hire a business consultant for
your business as there are various benefits of small business consulting & strategy
consulting for startups:
- Business Consultants can enlighten about the small business consulting that
does not exist in the organization.
- Business Consultants provide solutions that involves strategy consulting
to specific challenges and situations.
- Business consultants also have experience of working with many companies
from the same industry and they know about competitors and their
recommendations can help clients.
- Business consultants also save you money by reducing the time you would
spend on solving problems and getting your projects completed on budget.
- Business consultants provide skill and proficiency to increase growth rate of business.
Small Business Consulting Services?
Small business consulting services include various services
provided by business consultants. There are different types of business
consultants like:
· Strategy Consultants: Strategy Consultants are those consultants
who help clients on various strategic topics like corporate strategy, operational
strategy, strategy consulting, economic policy and, government policy.
· Management Consultants: Management consultants are those consultants
who help clients on all types of organisational concerns from strategy
consulting to a variety of elements within management.
· Operational Consultants: Operations consultants are those consultants
who help clients improve the performance of their operations for both primary
functions as well as secondary functions.
· Financial Consultants: Financial consultants are those consultants who
help clients with accounting, taxation and financial matters.
· Human Resource Consultants: HR consultants are those consultants who help
clients with the hiring, learning & development and retirement of employees.
They also help in transforming the business culture within their organisation,
which includes changes in the area of organisational design, processes and
systems.
· IT Consultants: Technology consultants are those consultants
who help clients with the development and application of Information Technology
(IT) within their organisation.
Thanks for sharing good information
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Identify your niche and stick to it
Cater to the market needs
Focus on Core Competencies
Access to sources of starting-up finance
Do not Eliminate Marketing
Risk management