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"SYNTIST NETWORK IS ONE OF THE FASTEST UPCOMING STARTUP COMMUNITY IN INDIA. SYNTIST's VISION IS TO HELP STARTUP TO GO TO NEXT LEVEL BY SUPPORTING A TO Z TAILOR MADE REQUIREMENTS LIKE ALL LEGAL & ROC COMPLIANCES, MARKETING STRATERIES, TIE-UPS, COLLABERATIONS & JOINT VENTURES, VC/PRIVATE FUNDING ETC."
Startups served across India
Years of startup centric legal expertise
Team members at your service
Registrations done every month
After completing my graduation I had a plan to set up my own startup and I was completely unaware about the registration processes in India. i am really thankful to scientist network team assisting me for the same in committed time frame by scientists team.
Syntist's is a platform to support startup’s & existing business to take them on next level by supporting from A to Z tailor made requirements as all legal & roc compliances, marketing strategies, tie-ups, collaboration & joint ventures, Venture capitalized/private funding etc.
Syntist Network: A Leader in the making
• SN's credibility and track record are unsurpassed. Our extensive experience with successful big name in franchising makes us the safest option.
• SN's services are unique. Of course, it's clients who value our expertise and the experience of our team that make us the industry leader.
• Curious to find out your options for franchising, and to determine the optimal strategy for growing your business? Through our experience in developing big brand franchisees we've managed to determine the most costly mistakes in franchising. Avoiding those mistakes will gain you the most opportunity.
• When you quickly develop a franchise using SN's guidance you'll succeed and be efficient. Start with our proven steps to successful franchising. Then look at the development services SN's has to offer.
•See how our experience can benefit your growth strategy, and the options for getting started as soon as possible with SN.
Still got questions like why need a start-up consultant, what a consulting service is, or how it helps you to put your plans into action?
Don’t you worry, we have got all the answers to your ifs and buts. Stay with us and get all the help you need.
What does a start-up consultant mean and how do they work?
A start-up consultant is someone with great professional skills, expertise, and experience to guide and advise you about what to do and how to turn your ideas into a reality without involving much time, effort, and money. Taking advice from a consulting firm is also beneficial to the start-up company as they can come up with the great professional expertise straightway coming from a group of skilled professionals who have worked in many different environments, so they come up with the best. Administration firms can help a company like a start-up consulting services in India with regular basic tasks like payroll set-up and processing, bookkeeping, financial statement preparation, financial analysis, and budgeting or forecasting, as well as providing more advanced services such as merger and acquisition, due diligence, national and international expansion, restructuring, audit and IPO preparation, fund formation and other initiatives.
Why Syntist Network over others is a smart choice.
Syntist Network is one of the best start-up consultants in India, it is a firm specialized in working with any type of start-ups. Selecting the best accounting firms, to get your books audited, is an important step on your way to becoming a reputable company in this competitive marketplace. Audited financial statements are frequently needed by banks and investors. This gives us a rightfulness to your financial statements because they have been verified by a third party. We, a business start-up consultancy firm having a branch at Delhi, ensure that all your financial statements are consistent with the current standards for your industry, so that they are comparable, relevant, and applicable.
What is the role of the audit process?
Moving on, the audit process helps in understanding the best practices and internal controls to ensure your company is operating with the highest efficiency and integrity. More commonly, it means an audit is usually not required or a good use of resources, as they are a little expensive and a bit time taking too, until a few years into the company’s operations and the company is on its way to become profitable. We, a business start-up consultant, having a branch at Lucknow ensure this too.
Understanding the link between accounting of taxes and filing of returns
Finally, start-up companies are associated with accounting firms for tax consultation and return preparation. Tax work itself is a different and separate function from the back-office accounting function. It’s because our tax laws are full of complexities, such that staying updated is very important here. A tax preparation firm is associated with the consulting firm on an annual basis and there is a flat fee for the tax return preparation. But we, being a business start-up consultant having a branch in Hyderabad, can handle this. We, a business start-up consultancy firm, having a branch in Mumbai, work on bookkeeping, computation of tax, pay your taxes, provide you with MIS reports, set your business systems and processes in order, handle all the accounting and taxation related concerns (like salary restructuring, and managing payroll, registering and acquiring for various statutory requirements, administrative-accounting like invoice creation, cheque writing, etc.)
Why it is important?
It is expected by the law to minimize the amount of taxes that have to be paid, legally. So that you do not have to face any legalities. All businesses, including start-ups, should have the knowledge and a better understanding of where their business stands and how compatible it is. If you can not remove all the haphazardness then try to minimize it, which is common in all the start-ups. This is one of the most important points that help you focus on growing your core business while functions like accounting, that are important, but not essential are being handled by professionals that are experienced in accounting and taxation.
Services that offered by Syntist Network in different branches
Syntist Network, a leading business start-up consultancy firm in Bangalore too, provides many core services like accounting services, accounts receivable, invoicing, receiving payments, sales order generation, accounts receivable report generation, purchase order generation, accounts payable, entering vendor bills, entering payments to vendors, accounts payable report generation, updating chart of accounts, bank reconciliation, credit card reconciliation, inventory maintenance, and reconciliation, general ledger maintenance, accounts reconciliation, closing accounts, generating trial balance, etc.
We can also provide advanced accounting services on the following list like financial analysis, ratio analysis, preparation of financial statements, analysis of financial statements, budgeting solutions, cash flow management, preparation of cash flow statement, analysis of cash flow statement, preparation of income statement, preparation of Balance Sheet, preparation of Management Information Reports, preparing monthly, quarterly and annual management reports, generating customized reports as per the requirements, etc.
Contributions added by an accounting firm to a start-up
The right kind of accounting firm adds a lot of contribution to the start-ups, like quantitative and qualitative contributions. Some of them are given below:
▪ Bookkeeping - Investors need quarterly reporting, so staying up to date regularly is important. ▪ Tax Compliance - There is a lot of filings that a start-up has to deal with. The right accounting partner will help and assist you with this. ▪ Financial Modeling- This possibly is your most important tool to attract potential investors. A CFO can help you with this by building out a model that will plot and support your plan. ▪ Tiered Assistance - It is important to have all three levels of expertise support with you, i.e., staff accountant, controller, and CFO.
▪ Best Practices- The right kind of accounting and finance partner have industry experience and can help you avoid the difficulties that others have encountered. They can help you track your growth and let you see where do you stand as a start-up company, can recommend the best practices to manage important things. ▪ Relationships- It is advisable to maintain a healthy relation with VCs, angel investors, lawyers, bankers, developers, recruiters, wealth managers, etc.
The impact left by a CFO on the growth of a start-up
A CFO can positively impact a start-up’s growth by giving all the support and advice that a start-up needs. some are mentioned below:
Identifying strengths and competitive advantage. Further, they manage P&L, a CFO has deep knowledge into where your company is making money, including what drives the biggest ROI. Assessing your financial factors, including where to cut your losses. Identifying well-planned partnerships. Supporting equity and debt negotiations. ▪ Setting up: Whether it is business licenses, incorporation filings, systems implementation, or policies and procedures. Handling everything from everyday accounting to tax preparation and filings.
Requirements of a start-up concern
Concerning the start-up concern, Bank Reconciliation Services are mandatory to be maintained to have a track of the current finances. It is also important to obtain a distinct point of view of what is the base of your company monetarily. Adding on, here are some of the ways in which the accounting firms contribute to their start-ups like quick rectification of discrepancies, eliminating protracted litigation, pre-empting fraudulent transactions, audit accuracy, etc.
About Syntist Network and how to reach us?
There are some ground points for accounting firms to contribute to start-ups and if you want more information contact us via email, call, WhatsApp, or just visit our website. We, Syntist Network are the foremost and the leading start-up business consultancy firm in India, headquartered in Delhi, with branch offices in different parts of India, like Mumbai, Lucknow, Hyderabad, Kolkata, Bengaluru, and many more to come. We have wide experience and have trained personnel to attend every process, desired by our customers.