Client Challenges
An aspiring entrepreneur wanted to start his own business approached PKC with the following challenges :
- He was working as an employee but deep in his heart he wanted to become an entrepreneur
- No previous experience led to low confidence
- No clarity on the business model
- Looking for trusted business advisor who can be one stop solution
PKC Solutions
PKC helped the client with the following solution :
- Analysed the personal capabilities along with his financial position
- Analysed the business model & provided suggestions improve the success probability
- Mentored client about the multiple aspects to initiate & organise the business.
- Guided about the applicable statutory compliances
- Helped client for setting up the finance operations & the own manufacturing unit
Results
- 100% Statutory Compliances
- The business became successful within a short span of time
- One of the leading brands in gold & jewellery business & having a turnover of ~30 crores
- Good financial system with adequate information for decision making
- Clear business expansion plan
