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Asset Management Explained

Ruskin Felix Barar / Financial Services, Industry, Insights / February 23, 2023

INTRODUCTION

Asset management and wealth management are synonymous phrases. A financial advisor who specializes in managing clients’ assets is called an asset manager. Although advice might be helpful, ultimately it is the client’s investing plan, risk tolerance, and financial situation that will determine what is best for their portfolio. Asset management services aid wealthy people and businesses by distributing their money between liquid (equities) and illiquid (real estate, for example) investments (funds).

An investment in an AMC is similar to purchasing shares in a mutual fund managed by the AMC. A fund’s rate of return is dependent on its performance in the underlying market. Gains might be much greater with a well-managed fund.

WHAT ARE ASSET MANAGEMENT ORGANIZATIONS?

Definition

A company that pools money from numerous investors to buy substantial quantities of capital assets is often referred to as an “Asset Management Company.” To grow, companies like these have to make choices about when, where, and how much to spend on assets.

Expert financial managers know how to analyze the market, diversify their investments, construct and analyze portfolios, and measure the returns on their holdings.

Characteristics

To put it simply, an AMC is a company that manages the investments of its clients in the financial markets.

Asset management companies (AMCs) can have as little as a few hundred thousand dollars, named as ‘asset under management (AUM)’, stored under management or as much as a few trillion dollars AUM.

When an AMC makes a substantial purchase on behalf of several clients, it can take advantage of economies of scale and reduce the overall cost to those clients.

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ROLE OF ASSET MANAGEMENT FIRMS

Overview

To fund its operations, an AMC pools resources from private and public investors to provide to its clients. In this way, the investor can make well-informed decisions and build a safe portfolio, free of surprises. A minimal fee or commission is charged to maximize returns for investors.

Key functions of AMCs

Asset Allocation

Every mutual fund has a specific financial goal that helps the manager limit the investing options. A common practice among debt-focused funds is to put no more than 20% of their AUM into equities. Furthermore, a balanced fund may elect to invest only 60% of its total assets in equities and bonds.

Research and Analysis

Researching potential investments is a daily chore for a portfolio investor. Analysts regularly study market, micro, and macroeconomic data, as well as fund performance, and report their findings to management.

Portfolio Construction

There will be an exclusive team of researchers and analysts who report their market findings and trends to the fund manager.

Performance Review

Even with disclaimers, investors and trustees will scrutinize an AMC’s investment decisions if they cannot provide a satisfactory explanation for them. All investors need to be brought up to date on all acquisitions, sales, adjustments to NAV, alterations to the portfolio, etc.

TYPES OF AMCs

Overview

Companies that manage assets can take numerous shapes and sizes, including:

Hedge funds
Mutual funds
Index funds
Exchange-traded funds
Private equity funds
Other funds

Boutique asset management firms

A boutique bank is a small institution that specializes in serving a specific clientele. There is no shortage of small businesses in the investment management and banking sectors. By focusing on a specific sector, client asset level, kind of banking transaction, etc., these smaller enterprises fill a void left by the larger firms.

Large institutional asset management organizations

There is a wide variety of institutional asset managers available, with the majority belonging to institutional investors including pension funds and insurance firms. Individuals and businesses can use the assistance of financial advising services to create and manage investment plans. Depending on their preferences, pension funds, and insurance firms may either operate with internal or external asset managers.

Independent asset management companies

Whereas conventional banks are owned and operated by a single financial institution, IAMs are completely independent.

Even though they are not financial institutions, independent asset managers nonetheless rely on banking services like bank accounts and custody accounts to store and invest their clients’ funds.

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MUTUAL FUNDS

These funds are a special form of investment organization that pool the money of many different investors, both retail and institutional and invest it in a wide range of different stocks and bonds on behalf of their unitholders.

Its types

Based on the ease of investment, these funds can be:

Open-ended funds:

Buying into these funds is not time or quantity limited. Shares can be bought or sold at any period of the year at the then-current net asset value. An open-ended fund is a good option for people who need access to their money frequently.

Close-ended funds:

Closed-ended funds have predetermined unit cap amounts, and investors can only purchase units for a specific period. The last day to redeem is the maturity date. However, to improve liquidity, schemes trade on stock exchanges.

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Mutual Fund Asset Class

Depending on the assets they invest in, these funds are categorized under the:

Equity funds:

If you invest in an equity fund, your return will be tied to the performance of the stock market. These investments are extremely risky, but might potentially yield big returns. These funds can be further subdivided into several different types based on their characteristics, including large-cap, mid-cap, small-cap, focused, and exchange-traded series funds. Equity funds are a fantastic option for advisors who are willing to take on some risk.

Debt funds:

Bonds, treasury bills, and other forms of fixed-income investment are the primary holdings of debt funds, a type of mutual fund. Debt funds, despite offering a lesser return, may be able to provide regular income and stability. Low-duration, liquid, overnight, credit risk and gilt funds are just some of the subsets that can be created by using duration as a dividing line.

Hybrid funds:

Hybrid funds are diversified investment vehicles that hold both fixed-income and stock market assets. The fund house might have a strict policy about how much of each type of investment to make, or they might be more open to negotiation. The two main buckets into which hybrid funds fall are “balanced” and “aggressive.” Multi-asset allocation funds are a type of mutual fund that invests across a variety of asset categories.

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Based on Investment Goals

Growth funds:

Growth funds invest substantially in high-performing stocks intending to generate capital appreciation. The possibility for significant returns makes these funds interesting to savers with a longer time horizon.

Tax-saving Funds (ELSS):

Equity-linked savings plans refer to such funds that invest mostly in company equities. Nonetheless, they are tax deductible under Section 80C of the Income Tax Act. Their financing distance is at least three years.

Capital protection funds:

These funds diversify their holdings between bonds and stocks. This may ensure the security of investments, reducing the likelihood of significant losses. Remember that any money you get back may be taxed.

Fixed-maturity funds (FMF):

Money in these funds will be put into debt market securities with maturities that match or are somewhat close to the fund’s own. For instance- a three-year FMF would invest entirely in short-term securities.

Pension Funds:

Advisors in these funds want steady long-term returns. They are a common form of a hybrid fund with low yields at the moment but the potential for higher stability in the future.

Risk appetite

To diversify your portfolio without taking on too much risk, mutual funds are another choice. Very low-risk and low-risk funds are typically classified as short-term investments (liquid or ultra-liquid funds) that attempt to hedge market risk. Inadequate profits are generated from them.

Allotting a portion of their assets to debt instruments, medium-risk funds are very similar to hybrid funds. Gains of any significance are to be expected only when the stakes are high.

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BENEFITS OF INVESTING IN THESE

Advanced Portfolio Management

In addition to the “expense ratio,” advisors in mutual funds also pay a “management fee” to cover the cost of hiring a “professional portfolio manager” to execute the day-to-day stock, bond, and other asset trades. Investment management advice from a professional is worth every penny spent.

Diversification

To reduce portfolio risk, these funds invest in a large number of different assets (often between 50 and 200). In many stock indexes, these funds have 1,000 or more stocks in their portfolios.

Convenience and Fair Pricing

Mutual funds are easy to buy and understand. Low minimum investment and daily trading at the net asset value at the end of the trading day (NAV). With this, day traders no longer have access to the price swings and arbitrage opportunities that they rely on.

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Explaining Business Plan Components

Akanksha Dugar / Financial Services, Industry, Insights / February 20, 2023

OUTLINING BUSINESS PLANS

Organizations need a well-thought-out business plan as a guide for putting their strategies into action and accomplishing their goals. A business plan is a written document that lays out the foundation for an organization’s day-to-day operations and important tasks, such as marketing, funding, and growth.

When seeking growth capital it is understood that a sound business plan can make all the difference for a young company. Potential backers may rest easy knowing their money won’t be wasted thanks to this document, which lays out in detail when and how much they can anticipate making from investing in the venture.

Any firm, not just new ones, needs to have a plan for how they will make money. When faced with new competitors and the volatility of the market, even large, well-established firms need to modify their strategic aims.

Any small business or a limited liability company that is seeking funding to launch a lean startup plan that includes a market analysis section, management team section and a value proposition to target markets. To make this happen, we need to identify a significant market opportunity and direct competitors via market research.

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Cash flow projection and forecasted income statements are crucial to any business idea well as a marketing plan and customer segments. In any established business there is always some capital expenditure. Hence it is important that the budgets and balance sheets are in place. A company’s mission statement guides that decision-making as a business owner needs a proper understanding of the legal structure required for our success. It is clear that it’s not just an idea and we’re in the process to take any company to the next level.

A business plan is a critical document for any business – whether a start-up or a well-established one. It can be considered a self-written bible for the company. The purpose of this plan should not just be restricted to convincing investors, but it should also extend to the company’s morals and ethics and every stakeholder should be aware of it.

BREAKING DOWN A BUSINESS PLAN

Describe your company’s offerings, processes, and competitive advantages. As a last point, it is not a rigid sheet of paper. Traditional business plans and a marketing strategy are made by throwing light on the key elements of a business.

Direct and indirect competitors aim at target markets and target customers by displaying their company description and making sure that they’re true to their customer base.

The goals of the company, the market, and the investors should all be considered while drawing up the framework of a business plan. Any business plan is considered to be the intellectual property of the organization.

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The first step for businesses is to comprehend what a demand-supply gap is. The corporation may find that this void presents a golden opportunity. The financial statements have the cash flow statements which are managed by the management team to make sure that they match the balance sheets.

For the success of any enterprise, formulating a coherent business strategy is essential. The major objective of drafting such a document is to persuade potential investors to provide funding for the company. To this end, the plan must address not just the financial and operational aspects of the firm, but also those of the employees, the market, the competitors, and so on.

The Small Business Administration (SBA) suggests several components of a business plan, including an executive summary, company description, market analysis, marketing strategy and financial projections such as cash flow statements and financial statements. In addition to this it is important to highlight the management team and any intellectual property that may impact the business.

A traditional business plan should include market research in order to show that there is a need for the product or service and the competitive landscape. Overall a business plan is a critical document for securing funding, outlining the company’s vision and goals and establishing a plan for achieving them.

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Six Key Components of a Business Plan

While the contents of a business plan will change depending on the firm and the industry, the following six points should be included in every business plan.

The Executive Summary

is a short, one-page synopsis of your full business plan that includes a table of contents for easy navigation.

Definition of mission, goals, and Objectives

Explain why you decided to launch this business, what you hope to accomplish in the long run, and which goals you plan to prioritize in the near term.

Background Information

Describe the evolution of your industry, your predictions for its future, and how your company will contribute to those predictions to attract investors. Seek out the current state of your area of expertise and provide answers to any issues you uncover.

Organization Description

This paper includes information about management, critical personnel, and backup plans for handling unforeseen circumstances.

Market analysis

Identifying your intended market, where they live, and any other relevant demographic information are only some of the specifics covered in this article. Likewise, it explains how to reach out to clients and close sales.

Financial Plan

Here you may track your current financial situation, your projected expenses, income, and any gaps in between. A budget, income statement, cash flow statement, and balance sheet are all necessary financial documents.

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TYPES OF BUSINESS PLANS

The length and scope of a business plan determine its classification.

To begin, there is the standard method and the lean startup method, with the latter emphasizing efficiency over flash. A typical business plan will run you over twenty pages.

A lean startup is a simplified company strategy. The technique runs the risk of being oversimplified to the point where crucial details are missed.

The second grouping considers how dedicated members are to the strategy. A business plan can be produced to entice investors, or it can be used internally to facilitate communication and collaboration between various divisions.

Strategic plans outline the measures to be taken to accomplish an objective, while feasibility studies ascertain whether or not those measures are possible given the current market environment. The Operations Strategy, for instance, looks into things like how feasible production and distribution are.

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BUSINESS DESCRIPTION

Tell Them All About It

It is customary to provide a summary of the industry in which a company operates as part of the introduction. We must consider not only the present state of the industry but also its potential going forward while discussing its state. It is just as crucial to addressing the individual needs of the industry’s broad consumer base.

Including anything that has the potential to alter the course of your business. Always give credit where credit is due and provide evidence to support your statements.

Companies can have different structures depending on whether their primary function is wholesale, retail, food service, manufacturing, or provision of services. The structure and the legal form need to be repeated.

Give more information about your target market and distribution strategy.

After introducing your business, you should go over the products or services you want to offer.

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How Will One Profit?

Surely, you are now considering the question, “How can I make a buck?” in the manner of a staunch capitalist. I don’t know where the notion came from that I could make money doing that.

To convince investors to put money into your firm, you need to show in your business plan how and why doing so will improve your bottom line.

To secure financing, you must show that your business is profitable. Show a prospective lender that you have thought through the company’s long-term viability.

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ADVANTAGES OF HAVING A BUSINESS PLAN

A well-developed business plan is essential for every firm for several reasons, including the fact that it serves as a blueprint for the company’s future. Having a well-thought-out business strategy can provide your company with a significant competitive advantage.

Sets objectives and benchmarks:

Planning for a company’s future success involves establishing realistic goals and providing enough resources to meet those objectives. Eventually, it will pay off financially. Furthermore, it facilitates the creation of key performance indicators (KPIs) and other metrics fundamental to the realization of an organization’s goals.

Maximizes resource allocation:

If a business has a good strategy in place, it can do a better job of managing its assets. That’s why subsequent events—a new office, new hires, a shift in production—happened. It is also possible to evaluate the monetary impact of such initiatives, which is helpful for the company.

Enhances viability:

Having a well-considered strategy in place makes it much easier to put ideas into practice. Even if every company has its approach, it can be helpful to look at the models used by successful corporations when developing a plan for your own company. The improved marketing, advertising, and promotion also make it easier for well-established businesses to launch brand-new products and services.

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Aids in decision-making:

Choosing where to advertise, where to set up shop, what to sell, and how much to charge is just a few of the many decisions that must be taken when establishing a business. A well-thought-out strategy helps a business be ready for whatever the future brings. These issues can be foreseen and measures taken to counter them.

Fix past mistakes:

Developing strategies that take into account past failures and triumphs can help businesses save time, money, and resources. It is important for businesses to learn from past experiences while participating in such programs.

Attracts investors:

A well-developed business plan tells investors a lot more about a company’s goals, structure, and potential for success than any other source. Trust is bolstered and investment is encouraged as a result.

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COMPETITIVE ANALYSIS

Below will be an outline of how a competitive analysis looks like, how it is conducted and what is incorporated into the analysis. This is mainly done in order to understand how an organization can be viable in a new venture and it must have at least one clear competitive advantage over its major competitors.

Identify and Analyse Your Competition

The reasons behind successful as well as unsuccessful firms always are dependent on the following:

Prime customer motivators
Major component costs
Industry mobility barriers

Create a Competitive Strength Grid

You can find the most relevant information for analyzing your company’s and your rivals’ strengths and weaknesses and developing future strategies in the competitive analysis grid.

Investigating your rivals’ offerings can shed light on what sets you apart from the pack and how you might improve your own business’s standing in the eyes of your target audience. There could be a lack of competitors in the area, competitive pricing, a wider variety of products or services, a unique selling proposition, or robust marketing and branding.

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Goals For Product Development

The organization’s success would depend heavily on the development of objectives and markets.

Having this information is usually necessary when dealing with strategic assets that provide a competitive advantage.

Procedures

There are three primary steps to follow before a product is ready for final delivery

Preliminary product review

Before a product is released, every function is tested to ensure it meets expectations.

Critical product review

Key product indicators are compared to our expected delivery date so that we can track our progress.

Final product review

Increased confidence in prototypes can be achieved by rigorous testing against defined goals.

Personnel

Goals focused on development could help isolate the most pressing issues.

The first step in bringing new team members into the development process is to find and hire the right people for the job.

Assessing Risks

An exhaustive list of all the things that could go wrong during product development must be made, and plans for how to make those things stop happening must be developed.

Common concerns during prototyping include technical product development, marketing, workforce requirements, and financial flow challenges.

RFC, intellectual property, cash flow statements, marketing strategy

Operations & Management

This section basically requires one to focus upon:

The operating expense tables
The capital requirements table
The cost of goods table

Organizational Structure

Organizational structure, most can be divided into several broad areas that include:

Marketing and sales (including customer relations and service)
Production (including quality assurance)
Research and development
Administration

Develop a Capital Requirements Table

The first step is to calculate the total amount of money your business will need, including the initial investment, operating expenses, and projected growth.

Determine how much of each type of funding you’ll need. To do this, it is possible to estimate the value of investment capital such as equipment, materials, and marketing.

There are likely other expenses that your business incurs, such as rent, utilities, and employee pay.

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THE BENEFITS OF COMPETITIVE ANALYSIS

With the use of a competitive matrix, you may assess your firm against the competitors in a number of crucial categories.

The data contained in a matrix can be presented in either tabular (via a table) or graphical (through a graph plot) form (as in an Excel spreadsheet) (as in an Excel spreadsheet).

You may quickly and easily examine your position with respect to the competition with the help of the competitive matrix. To build your market niche, it’s vital to discover what people desire but can’t currently access.

In the process of studying a competitive matrix, you could conceive of items, resources, and upgrades you hadn’t considered earlier. You might get a lot of data that makes you reconsider your content marketing approach.

A competitive matrix’s applications are varied. The tool may be used for everything from promoting creative thinking to teaching sales teams how to separate themselves from the competition.

Once you’ve determined a plan of action for using the facts, you’ll want to write it down on paper, create some key performance indicators, and repeat the inquiry regularly to keep your methods fresh.

Let’s look at some examples now that you know what a competitive matrix is and how to use it so you can get a feel for how it’s used in the real world.

IMPORTANCE OF CREATING A BUSINESS PLAN

There will be a lot of bad press if your company fails despite having a well-thought-out plan. Many times, the initial impression is the deciding factor in whether or not a plan is successful. Keep in mind that first impressions really do matter.

Typically, the hopes of a handful of extremely affluent people are what drives a company’s goals. It is possible to raise financing from either venture capital firms or more traditional institutions. Those who are well-to-do might think it’s a good idea to put money into startup companies. Because of this, consumers will be more hesitant to part with their money unless they have adequate assurances that it will be put to good use.

If a business truly cares about its customers, it will treat them with respect and provide them with detailed, user-friendly information. When crafting a company strategy make sure that the financials deserve as much focus as the executive summary.

Second, companies want to establish trustworthy procedures. All corporate decisions should be grounded in this reality. When starting a business, entrepreneurs invest a lot of time and thought into defining their company’s mission and guiding principles. No matter how successful the business gets, its core principles should never alter.

Loyalty and pride in the organization as a whole benefit when all parties involved (employees, partners, suppliers, investors, etc.) are on board with the company’s strategic goals. It’s crucial if we’re serious about giving everyone a say.

MAP OUT YOUR BUSINESS PLAN WITH RFC

We are uniquely qualified to help new and other businesses to develop such an effective operating plan with a clear strategy to make all the business goals come true.

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Understanding Strategic Consulting Firms

Ruskin Felix Barar / Financial Services, Industry, Insights / February 16, 2023

Strategic consultants are the key planners, analyzers, and risk leaders who establish strategic plans in a business and can help you with top-notch strategic consulting.

ROLE OF STRATEGIC CONSULTING FIRMS

Their main purpose is to give exemplary services to help associations amend their performance by linking and working on strategic and functional problems.

The intention of strategic consulting is to help associations make better opinions, optimize their operations, and achieve their long-term purposes.

Formulating a strategy helps one to examine the current goals and plans of an organization to spot flaws and opportunities for growth.

They oversee the day-to-day operations of one or more business departments, such as those responsible for production, finance, human resources, and marketing, to achieve the organization’s goals.

Using their best judgment, they offer guidance, planning, training, presentations, and development to assist put these plans into effect.

WHAT RESPONSIBILITIES ARE COMMON FOR STRATEGIC CONSULTANT JOBS?

Prepare groundbreaking strategy work, talking points, and business plans in support of market engagement.

Develop and manage project plans, status reports, management, and committee updates.

Coordinate and serve, after severe commercial due diligence, as a project manager across strategic initiatives.

Help lead a strategic initiative led to achieving an annual revenue for various strategic initiative projects, for the company.

Mentor and guide less senior team members so that everyone works together to form an organizational design aimed at reaching the designated annual revenues.

Originally founded recommendations should be used for highly complex sales opportunities and solutions when leading project teams.

A prestigious strategic consulting firm will work with cross-functional teams to ensure partner implementations are on track and delivering against the plan.

Many prestigious strategic consulting firms take the lead in solving the problems that arise during the execution of programs with partners.

Create a growth strategy, made by strategy consultants, that not only helps in serving clients but also keeps track of the revenue generated.

A management consulting firm excels in the expertise of ensuring that client goals and project timelines are being met.

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Structure presentations, documentation, supply chain and human capital, and other collateral.

Motivate, coach, and serve as a working model of deep industry expertise, for team members so that they can cover all practice areas that need to be met to be successful.

Consulting with marketing, product, and engineering teams to automate processes and increase across-the-team productivity.

Collaborate with partners across functions including strategy, finance, analytics, marketing, digital, product management, and technology.

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Management consultancies typically aim at providing a work-life balance for both consumers and employees.

Develop trust-based relationships with clients and manage client expectations.

Use both quantitative and qualitative insights to support your recommendation.

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WHAT DOES A STRATEGIC CONSULTING FIRM DO?

Carefully crafting a strategy allows businesses to determine which strategies (and in what order) are most likely to help them reach their most pressing objectives (Mission, vision, values, financial goals, cultural goals, etc.).

The strategic exec won’t magically appear and fix everything. A better way to think of them is as a tool for understanding what’s going on. Alternatively stated, good advisers, do not necessarily advise their clients in the same way.

They invest time and energy into investigating the issue at hand and coming up with a custom solution only for you (based on their experience helping others in your situation).

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Consulting firms assist businesses in making necessary adjustments and navigating the alterations brought on by adopting new methods and procedures.

In addition, they aid corporations in discovering fresh market openings, creating viable business strategies, and introducing innovative new products and services.

Helping businesses improve their decision-making, operations, and long-term success is what strategy consulting is all about. The consulting firm works with its clients to improve their work-life balance, and it also provides economic consultancy and private equity services.

THE ESSENTIAL ROLES OF A STRATEGIC PLANNER/CONSULTANTS

The predominant role of a strategic consultant is to develop, implement and manage a business’s long-term plan.

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Here are some key responsibilities of strategic consulting managers that help them meet this goal:

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Planning

By analyzing the organization’s current state and future aspirations, a strategic executive formulates the strategy that will be implemented. A well-executed plan for the future will set standards for behavior, improve efficiency, foster greater cooperation, and provide guidance.

Risk management

Business leaders can utilize this approach to improve their interactions with partners, customers, and staff. Strategic planners offer a risk assessment to the company’s higher management and executives. It explains the probable results and provides advice on how to lessen the likelihood of unfavorable outcomes.

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Performance management

Key performance indicators (KPIs) are metrics used by strategic consultants for planning, monitoring, and assessing organizational success. Consequently, this contributes to more precise budgeting, resource planning, and objective setting.

Coaching

planners with a strategic focus guide executives across departments to ensure that the company’s vision is carried out effectively. They aid in the planning of specific departments and rate, analyze, and manage all existing department strategies to ensure that they are consistent with the business’s primary strategies.

Collaboration

the act of working together for a set objective. Strategic planners unite with the senior administrative leadership in setting the businesses’ docket and vision. They work with planning committees and customers to develop and apply the plan and also, unite with departments that will help them apply, manage and assess the success of the plan.

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Data analysis

Strategic consultants can identify what succeeded and where they can make adjustments by examining data from their plans. Financial and resource allocation decisions are aided by analytics used by strategic managers to compare and contrast initial results to measures of long-term market trends.

Crisis management

When the economy collapses and the financial system collapses, strategic managers implement plans to increase customer value and decrease expenses. In addition to identifying the primary driver of the situation, they propose a workable fix and future prevention strategy.

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Creative problem-solving

They take unique ideas which help give indispensable results to the prevailing problems. They also identify gaps in the business and advice on necessary corrective methods. A strategic planner’s part is to enable invention and creativity to develop new winning strategies.

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Ethics Development

Ethics in the workplace refers to the rules that should be followed by all workers. The firm’s job is to foster an ethical work environment that encourages long-term success, high output, and good relations with employees and customers.

Market leadership

consulting firms with a strategic focus to create and launch innovative products and campaigns to attract and retain a large customer base and boost revenue. They keep tabs on the condition of the market and suggest strategies for achieving dominance.

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FOCUS AREAS FOR STRATEGY CONSULTANCIES AND MANAGEMENT CONSULTING FIRMS

Top consulting firms typically work across a wide range of industries, but some firms have a particular focus on specific industries.

Some of the key focus industries for management consulting firms and niche consulting firms include:

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Technology and media

The growth of new digital platforms and business models, to mention just two examples, have forced significant shifts in the technology and media industries, and many consulting firms have made it their mission to help their customers adapt to these shifts.

Healthcare

Healthcare is frequently a primary area of focus for management consulting firms. Companies like this aid the healthcare domain by increasing patient satisfaction, lowering costs, and creating new revenue streams for providers and payers.

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Energy and utility

Firms that specialize in the energy and utilities sector assist their customers in adapting to the industry’s specific challenges, such as deregulation and the use of renewable energy sources.

Financial services

Consulting firms are frequently enlisted by the financial sector to assist with strategic planning, organizational growth, and operational improvement.

Automotive and Manufacturing Industry

With the rapid changes in technology and new business models, consulting firms help a company in the automotive and manufacturing industry to adapt and stay competitive.

Retail and consumer goods

These firms provide aid to retailers and consumer goods companies to improve their operations, create new business opportunities, and stay ahead of the changing consumer landscape.

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Public sector and government

Consulting firms offer assistance to public and government organizations by assisting them in optimizing their processes, creating new opportunities, and resolving existing problems.

Although these are some of the primary categories in which strategy consulting firms specialize, it’s important to note that many consultancies have clients from a wide variety of industries and offer services to businesses in many different fields.

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ROLE OF STRATEGY IN CONSULTING

Framework For Operational Planning:

Plans need a framework, and strategies do that by directing and, often, pre-deciding upon operational decisions. Strategy provides a more consistent framework for operational planning if it is designed with care and understood by managers.

Strategies define the business area both in terms of customers and geographical areas served. The better the definition of these areas, the better will be the deployment of resources.

The clarity in direction of activities:

Strategies concentrate on the direction of activities by specifying what conditioning is to be accepted for reaching those organizational ideals. They make the organizational ambitions more clear and more specific.

When intents are determined beforehand, they give clear direction to employees in the association responsible for enforcing multiple courses of action. Utmost people perform better if they know easily what they’re anticipated to do and where their association is going.

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Increase Organizational Effectiveness:

There are several ways in which strategies guarantee an organization’s efficiency. That a group or company may accomplish its goals while making efficient use of its available resources is the essence of effectiveness.

Therefore, it is not enough to just maximize the efficiency of available resources; they must also be deployed in a way that guarantees the greatest possible contribution to the organization’s goals.

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Personnel satisfaction:

Strategies contribute towards the firm’s effectiveness by supplying satisfaction to the manpower of the organization. In an association where a formal strategic operation process is followed, people are more satisfied by a definite tradition of their places thereby reducing part conflict and part ambiguity.

However, everyone knows how to do, and how to contribute towards organizational objectives, If the opinions are ranged in the association.

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IMPORTANT SKILLS FOR STRATEGIC CONSULTANTS

Communication skills:

To succeed in the strategic management role, one must be a team player and an excellent communicator both verbally and in writing.

Consultants are burdened with the responsibility to educate and update their users. The success of their directions depends on their ability to convey them vividly.

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Analytical skills:

Strategic managers need to convert raw information into applicable strategies. They should also be able to perform various standard analyses in the business, such as:

Competitive analysis: Assesses the strengths and weaknesses of their competitors

Performance analysis: Analyses the business progress, systematically.

Market analysis: Gathers information on conditions affecting the marketplace.

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Interpersonal skills:

The ability to control one’s feelings and adapt to adversity calls for a set of interpersonal skills.

They must be able to take the initiative, show they are excellent problem solvers, and collaborate well.

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Project management skills:

Project management is applying knowledge, tools, and ways in the blueprint of the goals set to meet its conditions.

Strategic itineraries should be suitable to apply their knowledge and experience to help the business reach its full potential.

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Problem-solving skills:

The ability to make quick, well-considered decisions is essential in some business settings.

To achieve short-term objectives and ensure the long-term success of their organization, strategic consultants frequently need to make complex decisions under pressure.

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Strong leadership skills:

Strong leadership incorporates the ability to motivate, inspire, encourage, and challenge the team you lead to maximize their production.

Developing effective strategies for an entire company and ensuring their implementation within a set timeline requires quality leadership.

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HOW TO FORMULATE THE “BEST” STRATEGY?

There’s no right answer to this question. However, we can claim to say that the best representation of a strategy takes the form of a playbook. That is, it is made up of many individual strategies or “plays” that have been crafted both independently and in blend with one another to get your initiative or company closer to “winning.”

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The idea of a playbook is not the only way to go about doing this, because it is inherently based on how to start and how to reach that destination. They aren’t long-winded pages of theory or hypotheticals. No, they take those theories — along with your goals, the intricacies of your business, your target audiences, etc. — and spin them into specific actions that you and your team (or your agency) can and should take.

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BEGIN YOUR JOURNEY WITH RFC

At, RF consulting, we help you prepare the best strategy, by putting in diligence work and understanding market trends, which will guarantee that your company is a success.

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Financial Consulting Explained

Ruskin Felix Barar / Financial Services, Industry, Insights / February 4, 2023

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WHAT IS FINANCIAL CONSULTING AND HOW DOES IT WORK?

Finance consulting is a professional service that provides guidance and advice to individuals and businesses on fiscal matters similar to budgeting, investment, tax planning, and revenue management. A finance adviser works with guests to assess their financial situation, identify areas for enhancement, and develop and apply strategies to attain their fiscal pretensions. Commercial finance and capital-raising establishments are integral factors of any strategy.

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A commercial finance consultancy provides expert advice and guidance to the establishment in creating and executing fiscal strategy. The Commercial finance consultancy influences their knowledge of the capital requests to help establishments make informed opinions and optimize their use of capital. The ultimate thing is to help any establishment in achieving its revenue goals by creating a sound capital structure and maximizing the return on investment.

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The process typically involves the following steps:

Assessment:

Any advisor will assess the client’s financial situation, including income, expenses, assets, liabilities, and tax status.

Analysis:

The consultant looks through the books for any potential problems.

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Recommendations:

After completion of the assessment and analysis, the consultant provides suggestions for the client to improve their situation.

Implementation:

The consultant will advise the customer on practical measures like budgeting, savings strategies, targeted investments, and cost-cutting.

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Monitoring:

An advisor will monitor the client’s state of affairs and adjust the strategy following what’s needed and make progress towards their financial goals.

A consultant’s job is to help their clients succeed financially by giving them sound recommendations. If you or your business could benefit from increased financial stability and security, you should consider hiring a consultant.

THE BENEFITS OF HIRING A FINANCIAL CONSULTANT FOR YOUR BUSINESS

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Hiring a finance consultant for your business can provide numerous benefits, including:

Expertise:

A finance adviser brings a wealth of knowledge and proficiency in fiscal operation, budgeting, duty planning, and investment strategies. They can help you make informed opinions and avoid expensive miscalculations.

Cost savings:

A financial counselor can help you cut costs by recommending ways to increase revenue.

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Improved financial performance:

Working alongside a finance consultant, organizations can create a customized strategy that helps to better their financial performance and drive growth.

Increased efficiency:

To save time and money while increasing efficiency and productivity, it may be beneficial to hire a consultant to assist you to streamline your financial practices.

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Risk management:

Advisors help you identify and manage risks, protecting your business and your funds.

Access to industry insights and trends:

The hiring of a consultant ensures that you will receive advice from someone currently on the newest trends in your industry and can help your business stay competitive.

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Independent perspective:

Based on your financial situation, these consultants or advisors will assess and provide you with unbiased decisions and avoid potential conflicts of interest.

Overall, a finance consultant can help you achieve your financial management goals and secure your company’s financial future with a tailored and all-encompassing approach.

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COMMON SERVICES OFFERED BY CORPORATE FINANCE CONSULTING FIRMS

Consulting firms that provide expertise or advice, based on revenue management, offer a wide range of services to businesses to help them with their management and strategy.

Some common services offered by them include:

Corporate finance:

aiding with debt, capital structure, first public offerings, and M&A.

Financial planning and analysis (FP&A):

helps firms make well-versed decisions by aiding them with insights and research.

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Treasury management:

provides advice on cash management, working capital optimization, and payment processing.

Financial modeling and forecasting:

aids industries in forecasting their future performance and spotting problems.

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Performance improvement:

offers advice and tools designed to boost corporate productivity.

Financial restructuring:

guides organizations that are experiencing restructurings, such as debt refinancing or bankruptcy.

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THE FUTURE OF FINANCE CONSULTING: TRENDS AND PREDICTIONS

INCREASED USE OF TECHNOLOGY

The financial industry will adopt and apply cutting-edge technologies like AI, blockchain, and big data to further automate operations and improve decision-making.

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More and more companies are adopting this methodology of sustainable and ethical practices in their decisions. Hence, consultants need to ensure a smooth conversion to this trend.

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GREATER REGULATIONS

Governments and regulatory bodies are imposing stricter rules and regulations on financial institutions, and consultants must be familiar with these regulations to advise clients effectively.

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INCREASED FOCUS ON RISK MANAGEMENT

The recent pandemic has highlighted the importance of managing risk, and companies will continue to seek advice and guidance in this area to protect themselves from potential risks.

GROWTH IN NICHE AREAS

The money-making sector is getting progressively technical, and advisers will need to emphasize specific areas, emphasizing using expertise to remain competitive.

These trends and patterns suggest that the future of this consulting will be shaped by the integration of technology and data, emphasis on sustainability and ethics, and a lesser emphasis on threat management and specialization.

HOW TO DETERMINE THE RIGHT LEVEL OF FINANCE CONSULTING REPORT FOR YOUR CORPORATE STRATEGY?

To determine the right level of support for your corporate strategy, you should consider the following steps:

Assess your internal revenue capabilities:

Find out what skills and materials you don’t have in-house, and start working to get them.

Define your goals and objectives:

Specify the results you anticipate gaining from the assistance and create a plan to get there.

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Consider the scope of the project:

Determine the extent to which you need the adviser’s support, whether it’s a full review of your operations or specific areas similar to threat managing or fiscal planning and research.

Evaluate the cost:

Estimate the full cost of the consulting engagement, including both the initial investment and the recurring fees.

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Select a consultant:

Shortlist an advisor who has applicable experience in your industry, a track record of delivering results, and strong references.

Establish a clear line of communication:

Make sure you have a firm grasp of the consultant’s function, methodology, and outputs.

If you follow these steps, you’ll be able to find the ideal level of consulting support for your company’s plan.

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REAL-LIFE EXAMPLES OF SUCCESSFUL FINANCIAL CONSULTING PROJECTS

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Restructuring the financial operations of a manufacturing company to increase efficiency and profitability.
Advising a technology startup on fundraising strategies and negotiating with investors to secure new funding.
Assisting a retail company in streamlining its supply chain operations to reduce costs and increase margins.
Implementing a new budgeting and forecasting system for a public sector organization to improve decision-making and accountability.
Advising a telecommunications company on pricing strategy to optimize revenue and market share.
Helping a private equity firm evaluate potential investment opportunities and negotiate terms of acquisitions.
Assisting a non-profit organization in developing a sustainable funding model to support its mission.

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FINANCIAL CONSULTING: KEY TO CORPORATE FINANCE AND LONG-TERM SUCCESS

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Organizations need to be flexible to expand and make money over the long term. Firms specializing in consulting can make a significant impact here. Consulting entails aiding another company in reaching its full potential by advising and guiding it to greater success.

Commercial finance is the area of finance that deals with how a company operates. Capital corporations and market players play a vital part in corporate finance as they give establishments the capital they need to grow and negotiate their business areas. An adviser can help a company navigate these requests and make informed opinions about deals and investments.

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The part of an advisor goes further simply furnishing advice. They’re an integral part of the company’s strategy, helping to produce a roadmap for growth and success. This involves managing the company’s capital, affairs, and deals in a way that maximizes returns for stakeholders.

When it comes to mergers and acquisitions, advisors can help a company make the most educated judgments possible. They can also assist the company in optimizing the use of its resources to reach its objectives.

In addition to maximizing returns, consultants also play a crucial role in helping the firm manage risk. By taking a comprehensive approach to risk management, consultants can help the firm minimize its exposure to financial and market risks.

Finally, consultants can help the firm with their marketing efforts by providing expert advice and guidance on how to effectively promote their products and services to customers. This includes identifying target markets and developing strategies to reach those markets.

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In conclusion, financial consulting is an essential component of any company’s long-term success. Whether you are a start-up or an established business, a consultant can help you navigate the complex world of corporate finance and capital markets. By leveraging their proficiency and experience, consultants can help the firm maximize its growth potential and achieve its business goals.

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FINANCE CONSULTING: A PATH TO BETTER FINANCIAL MANAGEMENT

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Financial management is a critical aspect of any business, and that’s why finance consulting has become a popular trend in recent years. The role of finance consulting is to help companies operate more effectively, drive renewability and enhance shareholder value. Many large corporations today are turning to finance consulting firms for their proficiency and ability to help them remain agile and focused in the long run.

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The focus of finance consulting is on providing analytical services that provide insights into the company’s plan and balance sheet. This can include valuation, profitability analysis, and digital transformation. By leveraging the latest thinking and innovative tools, finance consultants can help organizations make better decisions and improve their output.

One of the main objectives is to help companies achieve sustainable value. Finance consultants work with clients to develop a plan that balances the needs of all stakeholders, including investors, partners, and shareholders. This approach helps to create a more stable and predictable future, which can have a positive impact on the bottom line.

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Many top consulting firms offer financial consulting and corporate finance services. These firms bring a wealth of experience and knowledge to the table, making them valuable partners for companies looking to improve their output. By working closely with finance leaders, these firms provide advisory services that help organizations to stay ahead of the curve and make informed decisions about their finances. In conclusion, finance consulting is a critical tool for firms looking to improve their output and remain competitive in today’s rapidly changing business landscape.

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EMBARK ON THIS JOURNEY WITH RFC

With a focus on analytics, financial management, and sustainability, finance consulting provides the knowledge and proficiency needed to help companies achieve their goals and make informed decisions about their finances. So, if you want to take your financial management to the next level, do consider partnering with Ruskin Felix Consulting today.

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Simplifying Pricing Consulting

Ruskin Felix Barar / Financial Services, Industry, Insights / February 3, 2023

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INTRODUCTION TO PRICING CONSULTANCY: WHAT IS IT AND WHY IS IT IMPORTANT?

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Experts in this field help companies to determine the ideal price for their products or services. It involves analysing enterprise trends, examining competitor pricing, and the fares of production to create a pricing strategy that has the best return ratio and maximum profitability. The goal is to provide businesses with expert advice and support on how to determine the right price for their offerings to keep an edge over others and accomplish their financial objectives.

The following are several factors that highlight some ideologies used by top consulting firms:

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Maximizing Revenue and Profitability

A price consultant is useful for increasing profits and sales.

Remaining Competitive

Every business should begin after conducting a thorough research and analysing competitor pricing. He/she can help businesses stay determined in their enterprise and ensure they are pricing their products and services effectively.

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Understanding Prevailing Trends

To understand the thought process and behaviours of our consumers and set up the enterprise in exactly the way they desire, these consultants can provide businesses with expert advice, which can be utilised to create informed decisions and help businesses stay ahead of the curve.

Balancing Fares and Value

An adviser can help businesses to understand the right balance between the costs of the product and the perceived value of their immolations, which is critical for setting the right prices. Addressing complex pricing issues can be complex and gruelling, especially for businesses facing new request conditions or operating in largely competitive diligence. Hence, advisors give guidance and support on these complex issues, helping businesses to make informed opinions about pricing.

Improving Customer Satisfaction

A consultant can help firms to determine the optimal prices for their target consumer segments, which can lead to higher customer satisfaction and loyalty.

WHAT EXACTLY DO PRICING CONSULTING FIRMS DO?

Pricing consulting enterprises help companies to grow and apply effective pricing strategies. This can involve conducting request exploration, assaying contender pricing, and considering factors similar to product costs, target consumer parts, and overall business pretensions. Grounded on this analysis, advisers give recommendations on pricing structures, tactics, and tools that will enable the company to achieve its asked pricing issues.

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Some may also provide ongoing support and advice on pricing-related issues such as pricing optimization, price psychology and monitoring. A pricing consulting firm aims to help its patrons maximize revenue, profitability, and consumer satisfaction by implementing an effective pricing strategy.

WHAT IS THE ROLE OF A PRICING CONSULTANT?

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A pricing consultant works with businesses to help them develop and implement effective pricing format. Their duties may include:

Conducting market research

Collate and analyse data on current and future trends, competitor pricing, and consumer behaviour to make informed pricing decisions.

Understanding business expenditure

Pricing decisions are arrived at by analysing a company’s production, overhead, and distribution fare.

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Identifying target consumer segments

Create a strategy alongside businesses to achieve their target consumer segments and formulate the correct pricing for each segment.

Providing pricing recommendations

Organizations can benefit from sound financial management, pricing structures, strategies, and instruments that are informed by research and price analysis to achieve their pricing objectives.

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Implementing pricing strategy

To implement a strong pricing strategy into action, businesses need to monitor results and make adjustments as necessary.

Offering ongoing support

Provide ongoing support and guidance about pricing issues such as price optimization, pricing psychology, and price monitoring.

BENEFITS OF HIRING PRICING CONSULTANTS: HOW CAN IT HELP BUSINESSES ACHIEVE THEIR GOALS?

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Expertise and Objectivity

A corporation might benefit from a consultant’s knowledge and objective perspective when it comes to developing its pricing strategy. Companies will be able to make better-informed pricing decisions and steer clear of common pitfalls as a result.

Increased Revenue and Profitability

An adviser can help businesses to optimize their pricing strategy, which will have drastic changes in increased profit and profitability. To better have a grip on the fundamentals of these consumers, organizations conduct surveys and assay contender pricing. This way businesses can better understand their request position and establish effective pricing strategies to remain competitive.

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Better Consumer Understanding

These advisors or consultants help businesses to categorize and understand their target consumer segments which will lead to increased consumer satisfaction and loyalty.

Effective Pricing Tactics

Modern pricing techniques and approaches, such as dynamic pricing and value-based pricing, can help businesses achieve their pricing goals with the help of expert consultation.

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Reduced Costs

By working with an adviser to generate an effective pricing strategy, businesses can avoid the expenses associated with trial and error, such as lost sales, price adjustments, and lost customers.

Time and Resource Savings

Hiring an adviser can free up precious time and money for businesses, allowing them to concentrate on other critical areas of their operations.

KEY ELEMENTS OF EFFECTIVE PRICING STRATEGIES: WHAT SHOULD BUSINESSES CONSIDER WHEN SETTING PRICES?

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The key examples of effective pricing strategies include:

Market Research:

Knowing the enterprise , the prices offered by competitors, and customer trends is essential for setting fair prices. To learn this, businesses should perform required research.

Cost Structure:

Various fares such as production fares, overhead fares, distribution fares, etc., should be taken into consideration when setting prices.

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Target Consumer Segments:

Knowledge of both the target domain and the profitable price range is essential for any company setting prices in a competitive domain.

Value Proposition:

The perceived value of a product or service, relative to its price, is an important factor in pricing opinions. Businesses should consider their value proposition when setting prices.

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Pricing Structure:

The pricing structure, such as expenditure-plus pricing, value-based pricing, or dynamic pricing, should be made to the business’s goals and conditions.

Price Monitoring:

Constant vigilance and a willingness to adapt prices in response to shifts in the industry, consumer preferences, and the company’s overhead are essential.

Customer Feedback:

Customer feedback on prices can be a gold mine of information for setting prices in the future.

IMPLEMENTING A PRICING STRATEGY: HOW DOES A BUSINESS PUT A PRICING STRATEGY INTO ACTION AND MONITOR ITS RESULTS?

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Conduct market research:

The survey is an excellent resource to understand the target consumer segments, their preferences and behaviours, and the scenario.

Define pricing objectives:

Establish whether your pricing aims are to maximise profits, grow industry share, or reward loyal consumers.

Decide pricing strategies:

Grounded on the industry exploration and pricing goals, decide the pricing strategy, which is similar to expenditure-plus pricing, value-grounded pricing, or dynamic pricing.

Set prices:

Based upon the general pricing prevailing in the industry, set the prices for each product or service.

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Communicate prices:

Explain the prices to customers, employees, and other stakeholders.

Monitor and evaluate results:

Verify your price strategy’s success by tracking its results, and making any necessary revisions.

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Continuous refinement:

Businesses should continuously make changes to the pricing policy, based on market changes, consumer feedback, and other relevant factors.

FUTURE OF PRICING CONSULTING: WHAT TRENDS AND DEVELOPMENTS ARE SHAPING THIS FIELD?

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Data-driven approach

Pricing consultants are using more data-driven methods and advanced analytics to make pricing decisions, rather than relying on intuition or experience.

Personalization and dynamic pricing

With the rise of technology, personalization and dynamic pricing are becoming more common. This allows companies to set prices that are tailored to individual customers and enterprise conditions, leading to increased revenue and consumer satisfaction.

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Artificial intelligence and machine learning

Since AI and machine learning are becoming more and more common, these consultants can make use of them to analyse large amounts of data and make predictions about consumer behaviour.

Customer-centric approach

Businesses are becoming more sensitive to the needs of their customers, and as a result, there has been a trend toward a pricing strategy that places more emphasis on those needs.

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Increased focus on value-based pricing

These days, businesses are increasingly embracing value-based pricing, which takes into account the benefits to customers rather than just the price tag.

HOW VALUE-BASED-PRICING WORKS?

Value-Based Pricing is a pricing strategy that sets prices grounded on the value that a product or service offers to the client, rather than on its expenditure or the request value. The idea behind this approach is to charge consumers, founded on the value they admit from the product or service, rather than the time and resources that went into creating it.

In this way, the price of a product or service reflects the client’s amenability to remunerate for the advantages it provides, rather than the expenditure of the product. This approach can help businesses align their prices with consumer requirements and increase gains by charging further for products and services that give advanced value to guests.

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UNDERSTANDING PRODUCTION TARIFFS: HOW DOES A BUSINESS’S PRICE STRUCTURE IMPACT ITS PRICING STRATEGY?

A company’s pricing decisions are heavily influenced by the fares of manufacturing and distribution. If a company’s fixed expenditures, such as rent or employee pay, are high relative to its competitors, it may need to raise prices to remain profitable. If a business’ variable expenses, such as those for raw materials, are unusually low, however, it may be able to offer price breaks. The specifics of the target market and the degree of rivalry might have an impact on how a business sets its prices. Firms may need to cut prices to compete if their target market is more price sensitive. However, if competitors are also selling products at a similar price, the corporation may feel confident raising its own.

A company’s ability to set its prices for goods and services is heavily influenced by its expenditures.

Important factors to consider in Pricing Consulting:

Pricing Tools

To ease up this process, there are a variety of pricing tools available. These tools can help you decide the optimal price for your products or services grounded on cost-grounded pricing, demand, and marketing strategy. Some of these tools include surveys, contender analysis, and analyse of future trends.

Cost-Based Pricing

In this approach, both the upfront and ongoing expenses associated with providing your service to the consumer are taken into account. The goal is to make a fee for your consulting services that will allow you to turn a profit after deducting all necessary overhead.

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Marketing Strategy

How much you should charge for your services is also heavily influenced by your overall approach. Think about who you’re trying to sell to, how much competition you have, and what you can offer your customers. Increasing sales and connecting with your demographic requires a well-thought-out approach to pricing and advertising.

Value Creation

The idea isn’t just to maximize gains, but also to produce value for your end users. This can be achieved by offering high-quality services that break their problems and show real usefulness. By doing so, you’ll be suitable to charge a decoration for your services, as users are willing to pay further for the value that you give.

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Avoiding Sticker Shock

One of the challenges is avoiding it, this occurs when the price of a product or service is much higher than what the client is expecting. To avoid this, it’s important to communicate the value of your services clearly and effectively. This can be done through your marketing materials, website, and client interactions.

Choosing the Right Strategy

Many consultants offer pricing consulting services and choosing the right one can be a challenge. It makes sense to find a consultant who has the skills, knowledge, and abilities to understand your business and help you implement the right pricing strategy.

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Here are a few examples of how pricing consulting can benefit your consulting practice:

Increasing Sales:

By setting the right price for your services, you can increase sales and grow your business.

Improving Marketing:

An effective pricing strategy can help you improve your marketing and reach your target audience more effectively.

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Career Advancement:

Developing strong pricing skills can also enhance your career and help you stand out in the consulting industry.

In conclusion, it is a vital part of your consulting practice that can help you maximize profits and create value for your client. If you’re interested in learning more about this concept or working with a pricing consultant, don’t hesitate to contact us. We have the skills, experience, and capability to help you implement the right pricing strategy for your business.

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WHY PRICING SERVICES ARE CRUCIAL FOR CONSULTING FIRMS: AN IN-DEPTH LOOK

Management Consulting firms play a significant role in helping organizations make better decisions and improve their overall performance. The expertise advisory of Management consultants and their ability to provide insightful solutions has made them an indispensable asset for businesses across industries. One of the most critical services that Management consulting firms offer is pricing consulting. Pricing services are based on a track record of success and can help clients gain a sense of management in a highly competitive market.

Pricing consulting firms use their expertise and industry knowledge to provide clients with data-driven insights into pricing policies. By considering various factors such as market conditions, competition, and consumer behaviour, they help organizations make informed decisions about the prices they charge for their products and services. In most cases, the result is increased gains and improved competitiveness.

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One of the key advantages of working with a pricing consulting firm is its ability to provide customized solutions for its clients. They consider the specific needs and objectives of each client and tailor their services accordingly. This level of customization ensures that clients receive the best advice for their situation.

For example, a pricing consultant may recommend different pricing ideas for different industries based on the factors that are most relevant to that industry. For example, in the retail industry, the consultant may recommend using a dynamic pricing strategy that adjusts prices in real-time based on supply and demand, while in the healthcare industry, they may recommend a value-based pricing approach that considers the value that a product or service provides to the customer.

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The use of data and analytics is also an essential aspect of pricing consulting services. By analyzing market data and consumer behaviour, consultants can provide organizations with valuable advisory insights into consumer preferences and market trends. This information can be used to develop effective pricing ideas that can increase revenue and gains.

In conclusion, pricing services offered by consulting firms are crucial for organizations looking to gain a competitive edge in their respective industries.

START YOUR JOURNEY WITH RFC

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With the expertise and experience of our consultants and the use of data and analytics, we can provide customized and effective solutions that help organizations make better pricing decisions. If you’re interested in learning more about pricing consulting services, contact us today to learn how we can help your organization with an effective pricing strategy, increase sales and gain an advantage in your industry.

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Digital transformation, Digital transformation services

Digital Transformation in 2023

Yash Gajakosh / Financial Services, Industry, Insights / January 22, 2023

UNDERSTANDING DIGITAL TRANSFORMATION

WHAT IS DIGITAL TRANSFORMATION?

A corporation is said to have experienced a “digital transformation” when it makes significant changes to its core operations and the value it provides to customers by leveraging information and communication technologies. The rapid advancement of AI, IoT, and 5G connection by 2023 may have far-reaching consequences across a variety of businesses. As a result, more people are looking to the web for resources that help boost human and machine efficiency. Next-generation digital investments will be built with the help of digital transformation consultancy to improve business value, business understanding, strategic goals, and decision-making through the application of advanced analytics and data science.

A key area where digital transformation will play a fundamental part is ‘automation’. Advances in robotics and other cutting-edge technologies will allow for gradual complex task automation, providing us with significant amount of time to delve into laborious tasks. Significant effects can be seen in industries including manufacturing, transportation, and healthcare, where automation is already being used to increase output and decrease costs.

In 2023, data and analytics will play an even more important role in the digital revolution. The total amount of data collected continues to grow dramatically as more devices and systems are connected. This data is used to improve business processes, research customer habits, and make prudent decisions. Retailers use data to predict customer behaviour and put products on the shelves that customers want. Healthcare providers, meanwhile, use the data to improve patient outcomes and minimize costs. In 2023, when we move to digitalization, the preparation of 5G networks will be important. Thanks to 5G networks, various products and systems will be connected, with significantly higher data capacity and lower latency than previous generation mobile networks. This paves the way for new applications such as robotic surgery and autonomous vehicles.

As more and more people become curious in cloud computing, companies of all sizes will be able to take advantage of its benefits. The cloud service model will allow users to gain access to state-of-the-art hardware at a fraction of the expense of traditional on-premises deployments. Therefore, medium and small businesses will have a better chance of competing with their larger, international rivals.

If businesses can adopt and successfully implement this new technology, they are well-positioned to succeed in the digital economy. To effectively manage their digital transformation, many companies will have to make significant adaptations to their organizational frameworks, processes, and cultural norms. It also requires the ability to think strategically about the long-term impact of these technologies and the development of new skills and knowledge.

CHALLENGES IN DIGITAL TRANSFORMATIONS

As a result of the digital revolution, businesses may become much more effective, provide better service to their customers, and generate more cash. However, digital transformation can also bring about complexities that call for the advice of experts.

Converting to a digital model can be challenging due to the complexity involved in adjusting an organization’s internal structure and culture to the new digital landscape. This is not always straightforward because it typically necessitates retraining employees in new procedures and updating a wide array of systems and infrastructures. That’s why new processes and technologies may be met with resistance from staff.

A problem which digitization can face is the need for organizations to acquire new knowledge and skills. In order to reap the full benefits of new technologies, businesses must keep pace with their progress. This could prove difficult because it necessitates ongoing training and adjustments to one’s methods of operation in the workplace.

Thirdly, sensitive information must be protected. As organizations collect, analyse and retain more data, they become more vulnerable to cyberattacks. To prevent unauthorized access to confidential information, companies must take appropriate security measures when transferring and storing data.

The final challenge is the formulation of an effective digital strategy that backs to the achievement of the company’s overarching goals. The time and money invested may well outweigh the benefits. Every dollar spent on digital initiatives should contribute to the company’s bottom line and further its mission.

Advice from consultants on cybersecurity, change management, and digital strategy could help organisations face and overcome these obstacles. Services like these can aid companies in achieving their long-term goals by helping them comprehend and implement digital strategy, as well as new operational practises and technical advances.

Companies contemplating a digital transformation should be prepared for the wide variety of challenges they may face. These challenges include, but are not limited to, adjusting to a new digital culture, training employees, protecting sensitive information, and developing a comprehensive plan for the future of digital operations. Consulting services may help businesses overcome these obstacles and fully implement digital technologies and operations.

WHAT DO DIGITAL TRANSFORMATION CONSULTING FIRMS DO?

Experts in digital transformation offer a plethora of services to help firms navigate the multipart digital strategy consulting process. Among the many useful contributions that a digital strategy consultant could make are:

Digital strategy development:

When developing their digital strategies, businesses might consult with professionals for help. One such objective is to acquire the knowledge and skills necessary to use digital transformation tools to their fullest potential in order to maximise productivity, profitability, and user engagement. Check out the strategic consulting services that RFC provides.

Change management:

As companies pursue their digital strategies and undergo digital transformation, they may require significant changes in organizational structure and culture. Digital strategy consultants can help organizations navigate this transition by developing a change management strategy and supporting employees through these changes.

Technology implementation:

Firms that offer consulting services in digital strategy and transformation can help businesses maximise the benefits of their investments in cutting-edge IT infrastructure, applications, and management practises. Selecting and implementing new software, integrating cutting-edge tech into existing systems, and providing support and training for workers may all be required.

Data and analytics:

Due to the growing abundance of data, businesses will need to adopt systems for analysing this information in order to improve their decision-making. Expert consultants in digital strategies may help businesses with things like rolling out data analytics systems and providing ongoing training and support to staff.

Cybersecurity:

Cyberattacks are more prone to happen while you are in the process of digitization. With the help of professionals in digital transformation, businesses may identify potential liabilities and develop defences against cyberattacks.

Business process optimization:

Experts in digital strategy can provide guidance to businesses as they seek to improve customer satisfaction, employee output, and overhead costs through process simplification.

Cloud migration:

By moving to cloud-based services with the help of consultants who specialize in digital strategy, businesses can save money on costly hardware and software upgrades of on-premises systems.

Continuous improvement and monitoring:

Now industry experts can track the growth of digital projects and make informed predictions regarding the company’s future success. Successfully navigating the modern digital world calls for ever-expanding skill sets and a dynamic toolkit.

Consultants specialising in digital transformation offer an array of services meant to help firms navigate the dynamic nature of the digital world. Strategy creation, transition management, technology deployment, process enhancement, and data protection are all examples of digital services.

INTEGRATION OF BLOCKCHAIN IN DIGITAL TRANSFORMATION STRATEGY

Blockchain technology has the potential to significantly contribute to digital strategy and enhanced digital capabilities, especially in areas such as supply chain management, financial services, and digital identity. You can get in touch with Ruskin Felix Consulting to learn more about your options. As we offer various types of Web3 and Blockchain services. Anyone in the supply chain can monitor the flow of materials and products thanks to the blockchain’s ability to create an immutable digital record of transactions. Ultimately, this could lead to less waste, lower prices, and more transparency.

For instance, Walmart has begun espousing blockchain technology to monitor the flow of goods from warehouse to store, which will give rise to supply chain visibility and ensure the quality of all goods sold by the company.

Blockchain technology could be adopted by the banking industry to provide a reliable and secure system for recording and verifying financial transactions. Adopting a digital strategy has been shown to increase efficiency, transparency, trust and reduce unnecessary spending. For example, some banks have implemented blockchain technology to allow consumers to create digital identities that can be used to verify transactions and reduce the likelihood of fraud.

In the context of digital identification, blockchain technology can be utilised to construct a decentralised, secure system for tracking individual details. In this manner, the risk of identity theft is mitigated, and the security of your personal data is improved.

Digital identities that can be used to access government services and vote in elections are being distributed in some nations with the use of blockchain technology. Incorporating blockchain technology into digital infrastructure has the potential to improve productivity and security while increasing trust and transparency. Keep in mind that blockchain is still in its early stages and many issues need to be addressed before it can be widely deployed, including scalability, interoperability, and legislation. Expert Blockchain Consulting Services are invaluable to companies looking to integrate this technology into their digital strategy. Integrating blockchain into digital transformation is complex and requires a deep understanding of the technology and its applications.

INTEGRATION OF AI IN TRANSFORMATION

Given its potential to automate processes, enhance decision-making, and provide new streams of revenue, artificial intelligence (AI) may play a pivotal role in the evolution of digital strategies. Chat GPT and similar AI systems are in high demand, and as a result, many tech companies are pouring money into developing them.

When applied to mundane jobs like data input and analysis, artificial intelligence (AI) could free up humans to focus on more strategic and creative endeavours. Potential efficiency and savings gains may result from this. Some businesses, for instance, are implementing AI to automate customer care by developing chatbots to handle common inquiries and problems.

AI can be used to analyse data and make predictions during the decision-making process, enabling businesses to make more informed decisions. For example- businesses can use AI to optimize pricing strategies, predict customer behaviour, and adjust inventory shelves appropriately. Algorithms developed by AI can examine data for trends and patterns that can be used to improve products and services. Digital initiatives such as personalized suggestions, predictive analytics, and revenue generation could benefit from using AI to develop new products and services. Amazon and Netflix use AI to recommend shows to subscribers, and Google uses AI to recommend things to consumers.

The use of artificial intelligence (AI) has the potential to significantly enhance a company’s digital strategy by facilitating more efficiency, enhancing decision-making, and introducing new revenue streams. Understanding the current protocols used by AI and the prospective applications it could be used for is essential due to the technology’s complexity.

DIGITAL TRANSFORMATION PROCESS & DIGITAL CAPABILITIES

The term “digital transformation” is used to describe how a business uses information and communication technologies to fundamentally modify its internal processes and the value it provides to customers.

Multiple crucial stages are often included, such as:

1. Assessment

The first stage in developing a winning digital strategy is doing a thorough analysis of the company’s existing state. Several aspects of the current IT infrastructure, such as the management structure and operational procedures, need to be examined. Taking the time to evaluate current practises and pinpoint areas where digital transformation advice could be most useful could lead to gains in efficiency, income, and satisfied customers.

- Strategy development

After conducting a thorough review, an effective plan can be developed for integrating digital assets and processes. Examples of technologies that can be deployed in this manner include- artificial intelligence (AI), The Internet of Things (IoT), and blockchain, each of which solves specific business needs. There’s no shortcut for it. Achieving this requires an agile governance mindset and an integrated strategy and business model. Our main goal is to improve the overall customer service experience.

- Implementation

The new resources and processes specified in the strategy’s implementation plan will require new business models to be developed. Businesses constantly buy new computer programmes, provide their employees with training and guidance on how to use these programmes, and incorporate new technologies into their existing infrastructure in order to remain competitive and provide new takes on tried and true methods.

- Change management

Significant changes in organisational structure and culture may be required as part of the digital transformation process. Managers and staff must be prepared for these changes and given the tools necessary to adapt to a new way of doing business, which is why change management strategies must be designed and executed.

- Continuous improvement

Due to the continuous nature of digital transformation, it is important for organizations to monitor the progress of their digital initiatives and make necessary adjustments. As a result, the company will be able to provide added value to its customers and stay ahead of the competition.

- Data governance

Thus, businesses will need to establish strategies for analysing and acting on the ever-increasing volumes of data at their disposal. Data governance policies and practises must be implemented to ensure data quality, availability, and security.

- Cybersecurity

It is the duty of businesses to align adequate safeguards in place to shield data from unauthorised access and defects while it is being stored or sent. Safeguards against cyberattacks and leaking of critical info is critical.

Developing a business strategy in the digital age is a complex and never-ending process, and a successful digital future incorporates- building positive digital customer experiences, requires knowledge of technology, business processes, and organizational change, is of utmost necessity. If a company wants to maintain a competitive advantage and satisfy its customers, it must evolve, keep an eye on the market, and stay ahead of its customers’ demands and needs.

EXPLORE YOUR DIGITAL TRANSFORMATION JOURNEY WITH RFC

By partnering with Ruskin Felix Consulting LLC, you’ll have access to a team that has assisted numerous companies, both large and small, and entrepreneurs from all over the world in developing new and exciting ways to interact with their customers by leveraging cutting-edge technology, novel viewpoints, and unconventional distribution channels. We aid in developing new leads, gaining an understanding of potential customers, and honing in on innovations. Check out the many ways we can help you.

Digital Transformation in 2023 Read More »

Investor Pitch Deck – RPay

Ruskin Felix Barar / Client Portfolio, Emerging Technology, Financial Service, Financial Services, Fintech, Industry, Market Research & Intelligence, Strategic Consulting / September 3, 2022

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RPay

Ruskin Felix Consulting LLC partnered with RPay – a digital wallet solution to create an investor pitch deck highlighting the overview, and working of the mobile wallet, B2B benefits of the business, B2C benefits, and the functioning of the mobile app. The features, authentication, security, technology stack, and the process of acquiring R Pay are also highlighted in the pitch deck.

RPay is a digital payment solution, designed specifically for organizations to organize the payment processes and control the movement of funds and the removal of cash easily and securely. Digital Payments are turning into a standard in a ton of nations. It’s the ideal time for any business to join the rebellion. R Pay provides digital wallet technology, software with different UI designs, a user-friendly interface, eye-catching color combinations, and astonishing mobile app designs. R Pay provides features like hassle-free signup, loading and sending money, withdrawing cash, paying merchants, buying tickets, instant notification, limited liability, etc. R Pay helps one to be free from the limitations of cash with the best in-class digital payment service.

RPay is feature rich with simple to utilize interface and they have trained developers and designers, who are ready to corporate to client contemplations and push one’s business to the zenith. It is unequivocally expressed that as an issue of strategy we do not plan sites indistinguishable from some other. They just outline every new site with similar functionality. R Pay gives its clients a completely utilitarian service wallet to fill their hearts with joy today lives are simple and safe.

RPay is a secure digital wallet that empowers individuals, as well as businesses, to take full control and manage their finances anytime, anywhere. It enables all financial operations; sending, receiving, and managing money directly through their mobile app. R pay to support all kinds of online and offline POS. We provide payment confirmation on POS, configurable for QR scanners, and customers can pay.

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Comprehensive Financial Modeling Portfolio

Ruskin Felix Barar / Business Planning, Client Portfolio, Financial Service, Financial Services, Industry, Private Equity, Project Management / September 3, 2022

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Financial Modeling

Ruskin Felix Consulting LLC specializes in Financial Modeling, and their meticulously prepared portfolio underscores the robust viability of the NFT project. This comprehensive model delves into critical aspects, including MVP development, pre-development costs, user acquisition, gaming platform dynamics, NFT integration, and annual expenses.

The Financial Modeling also places a spotlight on key performance indicators like the virtual token value ratio and PVP match fees, along with in-game ad revenue streams. It offers valuable insights into user engagement, active player base, and market capitalization, all of which are pivotal in assessing the project’s financial sustainability.

Within this context, the financial modeling portfolio lays out the financial landscape of the game, meticulously detailing the initial game fee, transactional revenue, and overall revenue projections. It’s a holistic approach to understanding the project’s fiscal strength.

The broader financial model encompasses various revenue streams, encompassing the initial fee, transactional revenue, NFT platform fees, PVP match fees, and platform ad revenue. Projections indicate a substantial total revenue of $7.7 million for 2022, with an impressive anticipated growth rate of 419% over the next five years.

Of course, financial success is balanced by prudent financial management. The model addresses operating expenses, including marketing, administrative, legal, and development costs, among others. These expenses, while increasing, are kept in check with sound financial planning, ensuring the project’s sustainability.

The financial model further illuminates the path to profitability, with positive cash flow anticipated from 2022 onwards. A robust cash flow of $4.5 million is expected in 2022, with an impressive average growth rate of 388% over the following five years.

In terms of valuation, the Financial Modeling team employs the FCFF method to estimate the firm’s worth at a substantial $6.7 billion. The projected IRR, based on FCFF, stands at an astounding 1335.93%, affirming the project’s immense potential. This holistic analysis culminates in an estimated overall value of the company coin-inclusive, pegged at a remarkable $5.1 billion.

Financial Modeling has played a pivotal role in unlocking the financial potential of this NFT project, demonstrating the power of data-driven insights in shaping successful ventures.

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Comprehensive Financial Model – Niks Technology Limited

Ruskin Felix Barar / Client Portfolio, Financial Services, Industry, Media & Entertainment, Project Management, Technology Development / September 3, 2022

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Ruskin Felix Consulting LLC partnered with Niks Technology Limited to draft a prospectus which contains certain conventions, use of financial information and market data and currency of financial presentation. The prospectus also emphasizes on the objects of issue, basis for issue price and statement of possible tax benefits. The prospectus provides a detailed analysis of the industry, the business, key industry regulations and policies, history of Niks Technology and certain other corporate matters, the promoters of the company and the promoter group, and the dividend policy. The prospectus sheds light on the key financial information of the company and the financial condition and results of Niks Technology.

They started their operations way back in the year 2014 in the name of Niks Technology Private Limited. They are an IT solution services enabling company implementing standard practices and maintaining quality services across all verticals; they are committed to deliver high quality services like Digital Marketing, Software development, mobile app development, website development, moreover they provide classroom training and certification courses to students during their summer and winter breaks. This training has been provided through online and offline mode.

They continuously evolve their services and customize their offerings as per the need of their clients. Their evaluation team ensures adaptation of the best-of-breed tools and technologies for effective Service to their clients. Niks with its foundation pillars as Innovation, Information and Intelligence is exploring indefinitely as a Technology Service Provider and as a Training Organization. Innovator of Technologies. Niks Technology believes in the phrase “Innovation as key to future” and they have been keeping pace with modernization in all spheres of development, and marketing, emphasis on quality & client satisfaction.

A review of operations for the period ended April 1, 2020, to January 31, 2021, reveals the following results. The total revenue is ?27.66 Lakhs for the period from April 01, 2020, to January 31, 2021. The revenue from operations is ?27.66 Lakhs for the period from April 01, 2020, to January 31, 2021, which consists of sale of services, tuition fees and Govt. Subsidy Received. The total expenses excluding finance cost, depreciation and tax expenses is ?5.98 Lakhs for the period from April 01, 2020, to January 31, 2021. The cost of operations is ?0.23 Lakhs for the period from April 01, 2020, to January 31, 2021, which is 0.83% of total revenue.

The profit of Niks Technology before tax is ?20.10 Lakhs which is 72.67% of total revenue. Their profit after tax was ?14.31 Lakhs for the for the period from April 01, 2020, to January 31, 2021, which is 51.74% of total revenue. The profit before tax increased by 4756.00% to ?11.64 Lakhs for the financial year 2019-20 from ? (0.25) Lakhs for the financial year 2018-19. Their profit after tax increased by 4627.78% to ?8.15 Lakhs for the financial year 2019-20 from ?0.18 Lakhs for the financial year 2018-19, reflecting a net increase of ?8.33 Lakhs.

The net cash generated from operating activities of Niks Technology was ?29.18 Lakhs for the period ended January 31, 2021. The operating profit before working capital changes was ?21.68 Lakhs for the financial year 2019-20 which was primarily adjusted against increase in trade receivables of ?3.52 Lakhs, increase in short term loans & advances of ?1.37 Lakhs, increase in other current assets of ?2.11 Lakhs, increase in other current liabilities of ?18.13 Lakhs and tax payment of ?3.62 Lakhs.

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Comprehensive Valuation Report – Globalfy

Ruskin Felix Barar / Business Planning, Client Portfolio, Consumer Retail, Financial Services, Industry, Market Research & Intelligence, Marketing & Branding, Risk Advisory Services / September 2, 2022

Globalfy

Ruskin Felix Consulting LLC partnered with Globalfy to prepare a comprehensive valuation report. The report highlights the financial viability of the project by laying emphasis on the business risk, credit risk, competition risk while also analyzing the projections. The infrastructure outlay forms a significant part of the report. To understand how financially viable the project is, we have highlighted the revenue segmentation and the past financials of Globalfy. The financial metrics further helps to understand the NPV analysis, and the FCFF computation.

Some of the key risks associated with this type of business are as follows:

Consistency of order pipeline.
Low Profitability Margins
Various Intrinsic KPI factors for business
Relatively high competition

A higher level of risk is associated with the entertainment, production and media industry where the overall value of firms is harder to predict. Also Hit and miss projects are higher as number of clients to be attained is dependent on high cost of acquisition with low churn rate. The industry of Globalfy has an extremely focused and high competition-based operation metrics and one or a series of failed/unsuccessful projects can heavily jeopardize future operations and production pipeline. Thus, the overall industry and target Equity Cost of Capital used for discounting FCFFs is taken as 10%. Globalfy also runs the risk of defaults, delays and issues arising from contracted and planned revenues in cases where the business operations will not pan out as planned and projected. The delay and non-payment of revenues by clients is also to be accommodated in the overall business risk of Globalfy. This may adversely affect the cash flows of the leading to cutbacks, execution delays and layoffs.

The overall valuation of Globalfy is based on 4 valuation methods and is computed based on the weighted average of the valuation methods. The overall valuation of Globalfy is $983.5K on a 5 Year forward basis. The methods used to compute the value of Globalfy are:

PE multiple of Net Profit (CY)
Revenue Multiple on CY Revenue
Overall Project NPV Valuation (DCF)
Terminal Value Method

Due to the significance of overall net cash flows in present value from investor’s perspective, we have used the ratio of 30% valuation for it, thereby providing the investor a higher assured returns during the period of the investment.

The range of valuation for the business of Globalfy is computed at: $885k to $1.08 Million

It is to be noted that this value is based on the projections and assumptions made for the valuation and may significantly differ during real operations due to the overall business and industry risk.

Globalfy is a viable investment due to its assured structured cash flows and growth potential at a valuation of $983k.

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Comprehensive Feasibility Study – Money Remittance Business

Ruskin Felix Barar / Client Portfolio, Financial Service, Financial Services, Industry / September 2, 2022

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Money Remittance

Ruskin Felix Consulting LLC prepared a comprehensive feasibility study and execution plan to understand the money remittance business. We tried to prepare a report focusing on the executive summary, business overview, the industry characteristics, fluctuations and future scope highlighting the market dynamics, industry challenges, growth drivers, industry opportunities and total available market, serviceable available market and service obtainable market. We provided insights on the business model, business analysis, development approach, and focused on the financial viability of the business.

The project aims to develop a money exchange platform that will facilitate easy, comfortable and fast transfer of currency from the Sudanese diaspora in the U.S.S and vice-versa. The money exchange situation between the U.S.S. and Sudan is currently at a standstill, with only a few major money exchanges like Western Union operating in the field. The business aims to create an efficient system for the timely transfer of currency. It is also very costly for money transfer especially with smaller amounts, which makes it difficult for the Sudanese population to transfer money efficiently. With respect to Sudan, there is an added concern about security. Thus, this project aims to satisfy these needs by providing safe and secure transactions with utmost flexibility and convenience with an integrated online digital platform. The main operating base will be Maryland, US with a goal to operate in other states across the United States as well.

The usual money transfer/remittance process has three steps:

The migrant sender pays the remittance to the sending agent using cash, check, money order, credit card, debit card, or a debit instruction sent by e-mail, phone, or through the internet.
The sending agency instructs its agent in the recipient’s country to deliver the remittance.
The paying agent makes the payment to the beneficiary.

This company follows a business model that focuses on the Sudanese population in the United States. A few challenges may arise when transferring money to Sudan to assist the Sudanese community, including high transaction fees, low-tech access, and low remittance amounts. As the trend is to go digital, operating entirely online would be advantageous. With increasing pressure to reduce transaction fees and restrictions on increasing FX charges, large corporations such as Western Union are focusing more on small businesses, offering innovative tools such as hedging and marketplaces for customers to connect. Its network’s 500,000 branches hamper its ability to respond to cheaper electronic transfer services.

The business can be successful if a phase wise approach is taken to expand the business. The initial focus of the business on the Sudanese market can be a good initial approach however due to the lack of turnover and high number of competitors, it will be hard for the business to sustain with focus only on one country. The company should apply the phase wise business expansion stated herein and move towards a multi-currency and multi-currency money transmitting company with high value of tech integration to compete with the modern players in the field. The company should also look at creating a payment gateway at a later stage post the 5-7 years of operations as that will unlock value additionally for the Business.

At a valuation of close to $15 Million, the company can be profitable given the initial cash burn of the company is funded through investors or structured Debt. Key elements to factor in include the compliance requirements, AML policies, FATF guidelines, licensing procedures and KYC norms for money transmitting globally.

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MicroCredit Lending – Investor Documentation – Columbia

Ruskin Felix Barar / Business Planning, Client Portfolio, Financial Service, Financial Services, Industry / September 2, 2022

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Globzen

Ruskin Felix consulting LLC partnered with Globzen to help them with a comprehensive strategy report and to understand the cryptocurrency industry, global industry, demand assessment, risk assessment, product strategy, product timeline, product design, initial coin offering, global positioning, procedure and issuing ICOs, blockchain technology for their new product. RF Consulting helped Globzen to understand business opportunities and the financial viability of their product. Along with that, we created the investor documentation and assisted them in understanding the exchanges and trading platforms of cryptocurrency.

Globzen is a new generation social media platform that aims to outdo “hate speech, fake news, and discrimination” in social interactions. they promise radical transparency in handling personal data and algorithmic processes in their network. They commit to providing clear and legible terms of usage at the outset and whenever there are changes. This case is based on the integration of social media, e-commerce and cryptocurrency.

Globzen offers a marketplace feature which is designed for both individuals and businesses, and third-party sellers to sell products and services to buyers/users. Globzen coins for trade opportunity on the marketplace. The features of Globzen platform are unique and interface is user friendly, so that a new user can also become familiar with the features in one go.

The overall rollout of Globzen for testing took place in 2021 on the existing users for the social media platform. During that time, the complete procedure and due diligence was initiated for the crypto currency by the company and e-commerce was only in its development phase. The second phase focused on building the user base of the social media platform and using that platform to launch the cryptocurrency that has been registered. The company plans to get into the testing phase for the e-commerce Platform in 2022 during which existing users from the platform will be using it. The phase 3 focused on creating awareness, integrating the cryptocurrency with the marketplace and promoting trading of the crypto using the social media platform while increasing the userbase there. The final phase involved the successful and seamless integration of the e-commerce and social media platform and using the cryptocurrency for transactions in the portal and increase the tradability of the crypto among other alternative coins.

The plan of Globzen consisted of initially engaging with users on the social media platform and building user numbers. From 2021 onwards, the users were motivated to engage with the site by distribution of their cryptocurrency on levels of their engagement with the website – globzen.com.

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metarun, blockchain consulting, blockchain development, blockchain consulting firms

Project – GoFungibles – Metarun

Ruskin Felix Barar / Blockchain, Blockchain Consulting, Client Portfolio, Emerging Technology, Financial Service, Financial Services, Industry, Strategic Consulting / August 18, 2022

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Ruskin Felix Consulting LLC partnered with Gofungibles (Metarun) and prepared a comprehensive valuation and tokenomics report alongwith their whitepaper documentation highlighting the business model and tokenomics which emphasizes on the initial revenue, transaction revenue, and NFT marketplace. The report sheds light on the financial viability of the project by analyzing the financial assumptions, cost variables, channels revenue computation, crypto projected valuation. The report is a detailed study of the primary game revenue projection, NFT marketplace revenue projection, cash flow analysis, and coin distribution plan.

Gaming Platform – The Goal is to create a virtual gaming realm where all users can play an interface-based game and buy and sell NFTs that they collect through their journey on the game. Key Features include:

A user can choose a can buy assets in the game through playing and will be paid to play the game through various modes and incentives.
He/she may choose to trade the NFTs amongst other users
The NFTs will also be available in-game and in the NFT marketplace of the company.

The NFT marketplace will be the key component of the game with the underlying transaction currency being the coin the company has issued. The modes of revenue will be primarily a blanket fee on the gross transaction value of GoFungibles.

The Key features of the NFT Market Place Include:

Assets/NFTs Trading features
Sale and purchase of levelups and other value adds for the related game
NFT auction and resale functionality
Specialized auctions with tie-ups with artists and creators

The NFT Marketplace will also include in game transactions for leveling up and getting assets in the game. The company will charge a fee on the platform on the gross transaction value.

The gaming based NFT Platform should thus be marketed as a community of enthusiastic gamers with a virtual reality and gaming-based experience by GoFungibles. The platform’s internal currency will also become prominent over a period due to the operations and usability of the Coin on the platform. The Goal will be to integrate with various exchanges and act as a community-based platform in the initial phase.

The firm’s overall value is expected to be $2.95 Billion by 2026, inclusive of the underlying Coin.

The business by GoFungibles does have the risk of imitation and replication by exchanges that are already active and thus, market share needs to be increased faster through marketing and brand integration strategies. The business has a substantially high IRR, but similar projects on the Cryptocurrency Universe are in line.

Project – GoFungibles – Metarun Read More »

Entertainer X Advantage Plus

Ruskin Felix Barar / Business Planning, Client Portfolio, Consumer Retail, Emerging Technology, Financial Service, Financial Services, Industry, Market Research & Intelligence, Media & Entertainment, Strategic Consulting / August 16, 2022

Ruskin Felix Consulting LLC prepared a business strategy report while shedding light on the strategic alliance assessment of Entertainer and Advantage Plus. The Client Al-Zarooni Investments owns the Entertainer and was looking to partner with Advantage Plus for its foray into Group Club memberships. The report highlights the merger and the market analysis for Entertainer and Advantage plus. Through this report, RF Consulting has tried to highlight the advantages and key strengths of the merger. The financial viability of the project has also been assessed by understanding the cost analysis, comprehensive sensitivity analysis, and probability analysis. The report emphasizes on the inhouse development of the merger and lays down specific future opportunities. Through the recommendations, we have tried to provide an expert opinion and assessed the financial viability of the M&A and executed due diligence. The deal was executed completely in 2021 and was successfully implemented.

The Entertainer company has high brand value which can be utilized for expanding business as it’s a market leader in its main industry of providing group discounts coupons with network of hotels, F&B and leisure services. The company has about 75,000 active members and have existing database of 100,000 clients which it can be utilize for furthering the alliance product in the market. The overall strength in the GCC and UAE market is high, and the company can utilize existing strength levels to create awareness of the new product in the market it operates in. The company has surplus capabilities and will be able to put in the cost of marketing and sales that would be assessed for the new proposed product. With the company operating in its present space for many years, it has substantial links, network and value that can be vital to creating a new product and brand.

The overall economy of UAE and GCC has been growing however it has been relatively stagnant in the recent years and has lesser growth rate in its tourism traffic. However, the economy has grown steadily and looks to create events like the EXPO Dubai 2020 to boost its influence in Travel and tourism.

Based on the understanding on the business strategy, there are a few recommendations that are there for Entertainer and Advantage Plus. The potential for inhouse development is there for the Entertainer, but as per the predicted demand and initial market stance, we would advise Not to focus on the inhouse development as it runs a high risk and has only a 10-20% margin overall while in operation. The company should make an alliance with the Advantage plus, use synergies, market strength, existing clientele to gain market share. Using expertise and created algorithm and network of partners of Advantage Plus.

Analyzing the financial viability of the merger, there are a few assessments that we have made, based on the financial projections. We expect substantial value to be generated from operating jointly. However, even with that increased value, Advantage plus will clearly gain further value with time as it will be able to reduce its operating margin and increase the services based on the number of partners and average memberships. There is thus a great opportunity for the Entertainer to eve and acquire the company advantage plus. RFC also performed a deep assessment of competitors in the field like Privelee in UAE and Saudi Arabia

The alliance will be profitable for both companies The Entertainer and Advantage Plus as per our assessment of the overall market opportunity and cost projections.

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