Establishing Companies
And International
Business Structures
Establishing a new company is a complex process including choosing your company’s name and registering it (if available), deciding on business structure, setting up bank accounts, extensive document work, fee payments and many other activities and obligations.
Decision on your business structure is crucial.
Business structure types (business entities) are defined in the legal systems of individual countries. Specific rules apply for each type and those vary in different countries, states and provinces. Mostly, there are approximate equivalents in English-speaking countries.
Business structure types:
Most common are Limited Liability Companies (LLC). A Limited Company can be incorporated in Hong Kong, which provides advantages such as tax benefits and concessions.
Corporate Consultancy
And Counselling
Managing a company is a very complex subject that requires thoughtful and experienced individuals. Apart from managing core business operations themselves, there are many other aspects to running a company that are integral parts to every business. Whether they are tax and accounting related or they concern coordination of workers, there are many factors to a business and each of them is essential to ensure a successfully functioning business. Legislation can be also a stumbling block for many, especially when dealing with other countries. Expanding your business abroad carries legislative obligations on both ends.
Consultancy comes in place at any time of your business life. Whether you have just started or are only planning to embark on conducting business actions or run a fully mature company, it is never a wrong time to consult your specific needs with a consulting team.
There is always a reason why a company is not profitable or is not meeting its goals; and there could be multiple reasons. Do you know where your problems originate or have you not been able to find out? Consultants can help you not only to come up with ways of reducing your costs but also offer suggestions elsewhere. Corporate culture should be open and embracing with careful attention made towards the conduct from members of staff. Team building can develop friendship and better attitudes amongst employees.
A horizontally linear corporate topology promotes better communication especially in terms of problematic work processes or staff behaviour. Transparent business information and reporting can inspire greater honesty and avoid an accusational environment. Regular contact between different business departments and senior staff can increase collaborative cohesion.
Raise your productivity and performance level as well as your competitive ability on your journey to higher profits.
Corporate Finance
Consultancy
Corporate finance consulting offers hundreds of financial products, which guarantees that all clients’ needs are met. Corporate finance consulting includes consulting of products in following fields:
Consulting ensures that clients’ businesses are well financed providing their financial growth. It looks for opportunities to lower costs without sacrificing quality of products or employees incentives.
Insurance products contain insurance of
Consulting mortgages finance compares different mortgages options across full mortgage spectrum assessing offers from various banks.
The same holds for corporate loans. Corporate finance consulting helps to stabilize operations of your business on your way to growth.
Investing can be a useful tool to increase your company’s capital. This tool however carries risks. Financial consultants can help you with risk assessment analysis and choosing the best options for you.
Corporate finance services include
Establishing
a Start-Up
When establishing a start-up you must first decide in which area you want to do business, what kind of services you want to provide or what kind of products to produce. You also have to decide on what type of entity you want to establish and on its name, which must be available in the registry. Explore all your options carefully and choose the one that suits your needs the best.
Nowadays there are many companies that offer they will handle all necessary documents and the company registration process for you. Dealing with authorities yourself can be very time consuming and taking away your time to focus on the business.
It is very important to pick a good time of launching your business and that is due to many aspects. Those can be related to the current state of world economy, current flows in your chosen industry, to new arising competitors and so on. It is important to always do a proper market research.
When writing a business plan it is crucial that you are open to changes adapting to changes in your economic and social environment.
BBusinesses that do not alter their goals to changes around them often fail. Learn to distinguish good from bad ideas.
Understand markets and trends that they bring. Know your company’s mission and make sure that people you are hiring understand your company’s culture.
Right location is the key. However the best locations do not ever come cheap. Renting or buying premises in the most popular places will probably be several times more expensive than locations in its further surrounding. Consider the type of your business when deciding on where to locate it, keeping your budget in mind.
Branding is of a high significance. Make your company’s identity and culture as clear as possible to its potential customers. Do your research and learn from your competitor’s failures. Make sure all your branding elements are cohesive and work together well and re-evaluate if necessary. There are many branding and marketing specialists out there who you can contact to come up with custom-tailored designs or with whom you can get in touch for consultations.
Accounting
and Audits
Both accounting and audits are activities that are connected to business operations, each in a different way. Companies must set up an accounting system to record and manage their financial data. Financial data must be stored safely and have all proper attributes. Requirements on how to conduct accounting differ according to the size of the business.
Audits investigate business operations, review procedures, and point out aspects of business operations that need to be altered or completely changed. There are various types of audits. Accounting audits, also called financial audits, look into the finances of the business; they examine accounting system, books, accounts and records in full range of the accounting circle to make sure that the company abides by the rules and laws connected to its business activities.
Accounting auditors are trained to look for mistakes and errors whether they were made intentionally or not. It looks for inconsistencies in the accounting records, inefficiencies and incidents of unethical conduct thorough all files of financial transactions.
Accounting auditors also check all documents and vouchers connected to payments inspecting every single number.
There are internal and external audits. Internal auditors are employed by the organisations they audit. It is to carry out independent and objective assurance as well as consult where changes should be done to improve business operations and add value to the company. On the other hand, external audits are carried out by an independent entity. Their purpose is to investigate whether the business financial statements are mistakes-free and reveal frauds.
What auditors do?
Marketing
Consultancy
Marketing consultancy is an important aspect about sales growth and branding. Businesses can everage skills and experience that would otherwise not be available within their organization. Flexibility offered by the consultancy allows for employees to focus on other activities regarding the business.
Marketing consultancy provides measureable results. A consultancy presents valuable advice for existing marketing endeavours. Different channels can be explored, such as online, print and word of mouth.
Well-executed marketing increases and improves consumer interests and it attracts potential clients.
Quality marketing consultancy reduces advertising expenses. Marketing is directly connected to increase of brand awareness. Creative assistance with campaign content can be offered as well as campaign management.
Powerful marketing activities assist with reaching specific target objectives of the business.
Assistance with creative designs is provided, such as logos, slogans, illustrations, web design and photography. Marketing consultants give option of organising events for establishing new business-to-business contacts. Marketing consultancy helps you to explore lease agreements options for advertisement placements. Greater probability for success of product launches can be also reached via good marketing tools.
Customer engagement such as competitions or reward programs can be a powerful medium that also increases customer loyalty. Marketing can collect customer feedback with actionable customer critique.
Establishing Call
Centres
And Their Operations
A well-established call centre can provide multilingual customer service agents who can offer assistance to a global customer base. Customers can appreciate lower than average waiting periods for their enquiries. Efficiently trained staff can resolve problems more quickly with greater customer satisfaction. Customer retention is increased when after sales support is of a good standard. A competitive advantage is made when call centre service is superior to alternative businesses.
An enthusiastic workforce allows for friendlier customer interaction. Questions asked by customers can be escalated according to importance and handled according to team responsibilities. New technologies such as live chat and instant messaging are introduced to the customer’s available means of communication. Quality control can be incorporated by supervisory attendance and regular review of correspondence with customers.
High availability of call centre service during holidays and weekend periods allow for more convenient customer interaction. An integrated customer database allows for quicker customer record retrieval. A rigid customer verification procedure protects customer privacy from inadvertent disclosure of sensitive information A call back option can be offered to contact the customer should their waiting time prove lengthily.
Creative call waiting music on rotation can entertain those awaiting assistance. A toll free telephone number can be registered for customers to utilise. Call centres located in different countries are useful for improving cultural diversity. An equal opportunity work environment creates an environment that promotes similarity to all genders and cultures. A well-established employee reference guide is greatly beneficial for training and review of various customer questions. A feedback point of contact should be available for any complaints or notice of exceptional service delivery.
Different departments within the organisation should be easily accessible without the need for an operator or front desk agent to transfer the enquire. Reliable redundant connections prevent unexpected loss of availability of service as a result of power failure or network failure.
Sufficient personality analysis can determine suitable candidates for excessively demanding customers. Online visitors can be offered a call session or live chat while the visitor is browsing the website. Noise reduction technologies such as the latest microphones allow for greater call clarity.