Owner managed companies underwent testing times during COVID19. Apart from affecting financial health, pandemic also caused mobility issues during lockdown. Unlike bigger companies with ERP processes, basic functions such as invoicing, accounting and compliance had hiccups. Information was not available for timely decision making.
PEOPLE DRIVEN
Small enterprises which are predominantly “Owner managed”, have a team of trusted employees and time-tested processes. These Companies are technically strong and deep rooted in the system and will withstand tough times. They have the potential to grow bigger. But lack of availability of information on time and the traditional set-up of the team generally deter them from entering the bigger arena. These organizations are predominantly “People-driven”.
AUTOMATION DILEMA
In testing times, owners generally have a dilemma to move into ERP cloud. A complete automation for a small-sized company might have flip sides. Lack of trained staff, resistance, cost effectiveness and fear of loosing control over time tested processes may be a few key pointers for not taking the big leap towards automation.
CAN YOU OPTIMISE YOUR EXISTING SET UP?
We at CHOCKALINGAM UNNAMALAI & ASSOCIATES, have been into supporting and advising “owner managed” businesses since 2017. With over a decade of corporate experience, our process expertise will help you refine and redesign your existing reporting system to scale up towards sustained growth.
ONE SOURCE MIS is an in-house tool, developed by Chockalingam Unnamalai & Associates to cater to the needs of small companies. To know more contact +91 98840 56628
Entrepreneurs – How can we help you?
“All our dreams can come true, if we have the courage to pursue them.”
Walt Disney
An Entrepreneur begins a journey with a lot of dream and aspiration. But beyond all those “think big” thoughts, the reality is that a business requires a lot of hard work and one may not notice the warnings signs early at every speed breaker he/she passes by!
A growing business needs a trusted advisor to ease the pressure by guiding it through complexities that come its way. We understand your needs and can help you with your (cumbersome but compulsory) compliance.
At Chockalingam Unnamalai & Associates, we have a separate vertical that caters to Business Set Up & related activities. We are here to make your life easier from day one !
Reach us for professional service on ROC, GST, Income Tax & TDS Compliances. Onboard us and experience certainty!
Contact:- +91 73050 56628 / unna@onesourcevault.com
ITR Filing – Why choose us?
Effective compliance is a key pillar for growing your finances and career/business. Tax compliance in particular could be cumbersome and at times very stressful. We help you to navigate through the maze of changes to tax laws with ease.
We understand and operate on the principle – “Time is money”. We have a reasonable turnaround time (TAT) which ensures timely tax compliance.
We understand the importance of data security and hence operate in a data-secure environment. Onboard us and experience certainty and value for money!
With a 15 year experience in the Industry, Chocksi decided to commence his practice after the “Entrepreneurial Bug” bit him ! He is the Founder Partner of Chockalingam Unnamalai & Associates, Chartered Accountants.
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