Product Ideation & Refinement

One of the biggest hurdles to overcome in the ideation stage is having a clear idea of the problem to solve, and a clear vision of how the business/product will solve that problem. A critical review and refinement of the Idea and the proposed solution is paramount to the success of the product.

Feasibility Study facilitation–Marketing & Financial

With good academic/technical knowledge the right selection of technology for the product can be done. However, an extensive assessment of the product’s market and financial viability is important to ensure the success of the product.

Cost Finalisation

Success of any business is dependent, to a large extent, on the correct determination of all the cost elements that collectively form the total cost of the project. Correct knowledge of project cost is essential to assess the financial feasibility of the project as well as to plan for the funding of the project.

Capital Structure and Funding Options Finalisation

Capital structuring needs to be carried out taking into account a series of considerations such as ownership and control, ability to raise funds, ability to service debts, future expansion plans etc. To select the right mix of funding from a host of funding options available is also important.

Budget & Cashflow Projections preparation

Budgets don’t guarantee success, but they certainly help to avoid failure. The budget is an essential tool to translate general plans into specific, action-oriented goals and objectives.

“Turnover is vanity, profit is sanity and cash is king”.

It is important to foresee the impact  on the cash position, when changes happen   however small they are,  to sales, purchases and other general business costs. A cashflow forecast enables businesses to track the expected cash movements over a period of time in the future.

Pitch Deck/Investor Presentation preparation

The primary goal of a ‘Pitch Deck’ is to get the door open for the next meeting with the Investor in addition to securing funds. The Pitch Deck presentation is a very short window of time, ranging from 5 to 10 minutes, within which all the critical points need to be presented to attract the Investor. This is very important to get invited for the next round- for discussing details with the Investor.

Statutory Compliance advisory and facilitation

Every business has to operate within the existing regulatory frameworks relating to Tax, Banking, Forex, Company affairs etc. Risk of non compliance can be very high.

Organisation & Staffing

We can assist in finalizing the Org Structure and setting up the organization. Developing JDs, Compensation structure, Staff Policies and Procedure, Performance Appraisal scheme and process, Increment, Promotion, Bonus Rules, L&D Planning etc. can be handled. Can lead or participate in the recruitment process

Governance

Governance documents such as Delegation of Authority ( DOA), Departmental Policies & Procedure, Functional SOPs etc. can be prepared. Preparation of HR related documents have already been covered under ‘Organisation & Staffing’ section, above.

Business Planning

We can assist the senior Management in developing the Business Plan – mid to long term, along with Financial Projections, Performance/Productivity KPIs etc.

Revenue Optimisation

Revenue optimization refers to maximisation of revenue using the available resources. Involves managing the business activities in such a way that high yielding activities take priority over the low yielding ones. Analysis of Revenue and Cost based on Revenue KPIs, Cost Revenue Ratio (CRR), Channel costing etc will help identifying products that optimize overall revenue of the organization. CMBC can advise the Management on the actions required to achieve optimization of revenue.

Cost Management & Control

Cost management and control refers to the practice of identifying and reducing business expenses in order to increase profit. Monitoring critical cost components and ensuring none of them exceed the target Cost Revenue Ratios (CRR), identifying those which are not justifiable in terms of the benefits they bring in are key steps to be carried out as part of the cost review. Cost reduction can also be achieved through process improvement, automation, waste reduction etc. CMBC will be able to support you in identifying the controllable cost elements and in laying down the measures to be taken for bringing down such costs.

Risk Management

Risks could be relating to various aspects such as the Business operations, Commitments, Financial transactions, Ownership etc. CMBC will be able to advise the Senior Management on Identification of risks and developing a Risk Mitigation Plan which are key to the success of your organization