Financial Planning :
In contrast to businesses that have an inefficient planning process, the ones that put concerted efforts towards financial planning are more equipped to speed-track their revenue growth and overall, have higher chances of success.
If you’re wondering how important financial planning is for businesses, consider these:
- A sound financial plan allows a business to allocate its resources with greater confidence.
- By providing a thorough analysis of the current and future costs, income, and cash flows, a financial plan enables businesses to determine their best course of action.
- A financial plan helps businesses make projections for the upcoming months, forecasting income, and outlays, which allows them to plan for the future.
- Financial planning involves taking a stock of all areas of a business including payroll, HR, workforce training, inventory, marketing, research and development, and more.
- Financial planning also endorses a company's commitment to sound business practices and reflects their financial stability, which elevates their trustworthiness in the eyes of vendors and investors.
At Mukhya, we understand the depth of financial planning’s implications and impacts for your business. Therefore, we operate with the aim to develop comprehensive financial planning keeping your business needs, goals, aspirations, priorities, and risk appetite in mind. Our focus remains to design financial plans tailored to your company’s financial resources and its short- and long-term objectives.
Due Diligence:
Due Diligence has been defined as "an investigation or audit of a potential investment consummated by a prospective buyer. The objective is to confirm the accuracy of the seller’s information and appraise its value."
For businesses, it can be viewed as a pre-investment intelligence tool which allows them to obtain a sound, independent, and comprehensive report prior to pouring their money into anything — resources, assets, new ventures, purchases, mergers, and so on. It could be a legal obligation or a voluntary undertaking.
At Mukhya, we have the expertise to perform due diligence of any breadth and magnitude. Our team of Due Diligence experts verifies records and compliances, conducts meetings with key people, outlines an extensive analysis of data and information, and identifies potential risks and liabilities that must be documented through representations, warranties, insurances, and indemnities. Our due diligence services include:
- Financial Due Diligence
- Asset Due Diligence
- Legal Due Diligence
- Human Resources Due Diligence
- Intellectual Property (IP) Due Diligence
- Merger and Acquisition (M&A) Due Diligence