Feasibility studies

A feasibility study is a detailed analysis that considers all of the critical aspects of a proposed project in order to determine the likelihood of it succeeding. Success in business may be defined primarily by return on investment, meaning that the project will generate enough profit to justify the investment. However, many other important factors may be identified on the plus or minus side, such as community reaction and environmental impact.

Although feasibility studies can help project managers determine the risk and return of pursuing a plan of action, several steps should be considered before moving forward. A company may conduct a feasibility study when it’s considering launching a new business, adding a new product line, or acquiring a rival or similar business.

Start-up Consultancy

Getting started can be a complex task, with so many unknown factors to consider as an entrepreneur. Business start-up consulting services provide assistance to newer ventures. Having expert advice available can significantly improve the chances of success. It can be a time saver and highly reduce budget requirements. Just by avoiding costly mistakes alone. As a business start-up, consulting services come with invaluable benefits. When starting a new business, most entrepreneurs do not have the expertise across all areas of the business. Even if that would be the case, it would not be beneficial. Necessary tasks to start a business can be accomplished successfully and more efficiently with help.

Start-ups have a complex job ahead of them. After the legal business structure is in place, business owners have to manage a range of areas to succeed. Business start-up consulting services from EXPERT AUDITING SERVICE help with these areas. They provide the often much-needed support to entrepreneurs, Start-up firms, and partners.

AML Compliances

An anti-money laundering (AML) compliance program helps businesses, including traditional financial institutions—as well as those entities identified in government regulations, such as money-service businesses and insurance companies—uncover suspicious activity associated with criminal acts, including money laundering and terrorist financing.

AML regulations require financial institutions issuing credit or allowing customers to open accounts and businesses notified by the government authorities to complete due-diligence procedures to ensure they are not aiding in money laundering activities or financial crimes. These companies must practice enhanced due diligence and ensure their customers are not taking part in a money laundering scheme. They must also verify where large sums of money originated, monitor financial transactions and report suspicious activity.

Business Restructuring

Business Restructuring is the act of reorganizing the legal, operational, financial or other structures of a company for making it more profitable and better organized. Restructuring of a company is hard and requires a lot of careful study and planning. Many factors are weighed upon to finally identify which approach is deemed best for the business in its present situation. We analyse the market, technical and business conditions before deciding the strategy that best suits to each firm. The operational policies and achievements related to organizational objectives are also reviewed and the results of the evaluation along with recommendations for improvement are given.

Risk Management

Risk management encompasses the identification, analysis, and response to risk factors that form part of the life of a business. Effective risk management means attempting to control, as much as possible, future outcomes by acting proactively rather than reactively. Therefore, effective risk management offers the potential to reduce both the possibility of a risk occurring and its potential impact.

Risk management structures of EXPERT AUDITING SERVICE are tailored to do more than just point out existing risks. A good risk management structure should also calculate the uncertainties and predict their influence on a business. Consequently, the result is a choice between accepting risks or rejecting them. Acceptance or rejection of risks is dependent on the tolerance levels that a business has already defined for itself.