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Showing posts from February, 2020

5 Import and Export Schemes for Boosting Business

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India is an attractive market for doing business in India due to demographic, geographic and economic benefits the country holds. To enhance the market and motivate the importer and exporter, the government of India has taken several initiatives for the businesses involved in import and export trade . The aim of these schemes to benefit the importer and exporter and to ease the process. Export and Import consultants like ASC Group helps the businesses to avail the benefits of the duty-free incentives.  Top 5 import & export schemes of the Indian Government are: EOU (Export Oriented Unit) Scheme:  EOU Scheme offers globally competitive duty-free incentives combined with enhanced infrastructural services for export production. Exporters and entrepreneurs can apply for the scheme from the Ministry of Commerce, FIEO, and Export Promotion Council. EOU scheme allows importing products locally without the duty payment of all types of goods com

7 ideas to conduct a Successful Business Restructure

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Changing market conditions, increased industry competition, and shift in consumer trends are immensely impacting the business scenario, making restructuring prevalent. Corporate restructuring is of different types i.e. organizational and financial restructuring depending on the business environment company lies. However, due to insufficient knowledge or collaboration with unsuitable entities, there are certain examples of failure in this regard.  How to Conduct a Successful Business Restructure? Assessment:  Successful business restructuring is based on in-depth assessments on business, industry, market, etc. Business is a risk-tasking task where the challenge is very perceptive to achieve profitability targets with low margins. Accurate financial statements are the best tool for determining what’s happening in your business and what’s causing your financial distress.  Reviewing the business model and strategy:  Strategic planning and coord