Every business is unique, as are its goals and challenges. We at Nine O Six are inspired by a desire to assist businesses in overcoming obstacles and embracing their uniqueness.
One of India’s renowned Wellness Centers
The Challenge
The Concept of Wellness with Luxury had its own set of challenges like huge capital investment and time-lag for business to achieve break-even. To counter the above challenges, we had to on-board multiple Investors which led us to face challenges like, defining roles and responsibilities for each of the investors, documenting the arrangements for shareholders. Since the concept was new and unique, we were also facing challenges with Banks/financial institutions, to convince them for funding our Business.
The Nine O Six Solution
Team Nine O Six is the absolute “Go to” for ours like new and unique businesses. They helped us right from the inception, where they guided us with our business plans, prepared Financial Projections(CMA), Business Feasibility reports and Budgeting, helped us organize and structure our organization roles and responsibilities along with drafting of various agreements including shareholders agreement. They helped us secure Bank funding which was very crucial for us. They also helped us design our revenue model as well as securing private equity and benefits under Government incentive schemes.
The Success Story
The various reports and analysis done by Nine O Six helped us plan business better to ensure quick break-even. They offered us help and advise during difficult times (like Covid Pandemic) to stabilize our business cash flows, by helping us with additional funding from Banks as well as influx of private equity. They have sourced us with all the requirements like Finance Team etc., in nutshell, they have provided us complete turnkey solutions for all our needs.
One of India’s Top MNC
The Challenge
Our huge volume of Business and international exposure owing to imports and exports leads to complexities of taxation and compliances. Considering the huge amounts involved and urgency of the matters, we were always looking for “reliable team of tax experts” who have hands-on experience of handling tax litigation and are easily accessible when needed.
The Nine O Six Solution
The Nine O Six team has rich and in-depth experience of handling different kinds of Tax litigation issues. Their research team is excellent and always comes up with supporting Judgments to support and back their submissions and Grounds at Assessment and Appellate levels.
The Success Story
Nine O Six has represented our cases very effectively at various Assessment and Appellate levels. WE have been saved of lot of tax dispute owing to the excellent and prompt advise of Nine O Six team.
One of the Top Ranked ICSE Schools in India
The Challenge
We have been facing problems managing our Inventory considering peculiarities of inventory management of school, like huge variety of stock items and very frequent movement of such items across various branches. This led to piling up of Stock, Blockages of Capital, Wastage of Material and non-availability of material when required.
The Nine O Six Solution
We are very thankful to Nine O Six for setting up not only our Inventory management System but also putting up internal controls in place. We found their approach to solve our inventory management problem very impressive as they carried out a detailed study of our existing inventory management system, identified the gaps, prepared a detailed report, discussed the proposed solution, got it implemented and trained our staff to use the new automated inventory management solution efficiently.
The Success Story
The new inventory management solution has helped us reduce capital blockage in Inventory, save cost, Setup Accurate Reorder Level and avoid wastage of Inventory.
One of India’s leading Hospitality Groups
The Challenge
The resort business requires huge capital outlays, which we sometimes end up funding from Multiple Group Entities. This adds up to complex financial intergroup transactions. The drafting of agreements and formalizing business structure for such transactions is very challenging. Apart from the above requirements, as the business got operational, we faced challenges with establishing SOPs for operations, controlling costs and getting accurate reporting on financial health of the business for informed decision making.
The Nine O Six Solution
Teaming up with Nine O Six has been one of the best business decisions for us. They have penned down our arrangements and financial transactions and have drafted appropriate legal agreements for the same, to secure our Business Interest and mitigate risks.
Their Hospitality sector experience has been very handy in establishing SOP’s and automating reporting for our business operations, which they are monitoring and reporting through internal audit.
Further we are very impressed with the customized IT solutions provided by Nine O Six which has helped us get timely reports on cost variances and other aspects.
The Success Story
Their drafting is so impeccable, that the tax structure has been minimised and simplified to counter future tax litigations, if any.
The customized IT Solutions along with Internal Audit , has helped us gain useful insights into business operations and take informed decisions for improvement of our business.
An E-commerce Startup
The Challenge
Being a Startup, it is very important to get “One Stop Solution” for all the Finance, Accounts, Admin and Compliance Work. A Startup is a huge mental and emotional investment and it is very important to focus and build on the core Business ideas, and for that to happen, we needed someone who can mentor us and take responsibility for all the Finance and Accounts activities.
The Nine O Six Solution
Nine O Six has been a source of freedom from the worries and complexities of Accounts and Compliances. They have been assisting and mentoring our team with all the nitty-gritties of managing and maintain finance and accounts. They have guided us utilize available workforce to the optimum level, by setting up SOP’s.
The Success Story
We are able to focus on our core business, as we no more have to allocate our mind space for Finance and Compliances related matters. They have also helped us with various registrations to avail startup benefits and mentoring our business to scaleup and achieve new heights.
One of India’s Leading Poultry and Agri Equipment’s manufacturer
The Challenge
In India, entities engaged in manufacturing activities have to face multiple and complex compliances under various laws. Considering the peculiar challenges of Manufacturing sector, entities like us have to look for multiple advisors for carrying out different compliances, which can sometime mess-up the taxation, and thereby increase our Tax costs.
The Nine O Six Solution
We are very fortunate to have taken Nine O Six onboard for Tax and compliance solutions. The Nine O Six team has in-depth knowledge of applicable laws as well as our Industry specific Incentive schemes, which has helped us smoothen our tax compliances and fulfill pre-conditions for availing benefits under Government Incentive schemes.
The Success Story
They have helped us get Tax refunds and secure Government incentives and subsidies , which is of paramount importance to stay competitive and ahead of the curve in our sector.