Business Service Industry
Business Service Industry?
Business services are a recognizable subset of economic services and share their characteristics. The essential difference is that businesses are concerned about the building of service systems in order to deliver value to their customers and to act in the roles of service provider and service consumer.
A service is a set of one-time consumable and perishable benefits that are:
- delivered from the accountable service provider, mostly in close co-action with his internal and external service suppliers,
- effectuated by distinct functions of technical systems and by distinct activities of individuals, respectively,
- commissioned according to the needs of his/her service consumers by the service customer from the accountable service provider,
- rendered individually to a consumer at his/her dedicated trigger,
- and, finally, consumed and utilized by the triggering service consumer for executing his/her upcoming business activity or private activity.
India is growing extremely competitive and giving tough competition to other countries when it comes to providing services. A large number of foreign countries prefer India as their hosting partner for business services, sometimes they even prefer to open a branch office.
Business Service
Legal activities
Accounting, bookkeeping and auditing activities; tax consultancy
Activities of head offices
Public relations and communication activities
Business and other management consultancy activities
Translation and interpretation activities
Activities of employment placement agencies
Temporary employment agency activities
Private security activities
Security systems service activities
Investigation activities
Combined facilities support activities
General cleaning of buildings
Combined office administrative service activities
Photocopying, document preparation and other specialised office support activities
Activities of call centres
Organisation of conventions and trade shows
Activities of collection agencies and credit bureaus
Packaging activities
Other business support service activities n.e.c.
Role of Shamkris
A Project Report is a document that provides details on the overall picture of the proposed business. The project report gives an account of the project proposal to ascertain the prospects of the proposed plan/activity.
Shamkris will provide a Project report covering Industry License requirements, competitor analysis, Land requirements, machinery requirements, equipment requirements, and financial requirements.
Some of the areas covered in the project report are outlined below:
- Introduction
- Project Description
- Uses and Applications
- Market Survey
- Raw Materials
- Manufacturing Process
- Process Description
- Process Flow Diagram
- Plant Layout
- Details of Plant & Machinery
- Suppliers of Raw Materials
- Suppliers of Plant & Machinery
- Plant Location Factors
- Land & building Required
- Power and Water Required
- Details of Manpower Required
- Financials of the Project
- License and application Certificate
Financials of the Project includes:
- Land and Building Costs
- Plant and Machinery Costs
- Other Fixed Assets
- Fixed Capital Investment
- Raw Material Costs
- Salaries and Wages
- Total Working Capital
- Cost of Project
- Total Capital Investment
- Cost of Production
- Turnover per Annum
- Profitability Analysis
- 5-year Profit Analysis
- Break-even Point
- Resources of Finance
- Cash Flow Statement
- Projected Balance Sheet
FAQ
There are 4 main types of business organization: sole proprietorship, partnership, corporation, and Limited Liability Company, or LLC. Below, we give an explanation of each of these and how they are used in the scope of business law.