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Long Term Lease vs Serviced Offices
How do you really need to work? When starting a new venture, there is a great temptation to jump straight in and acquire the space you anticipate requiring. However, it is no longer necessary to over commit on office space in the early stages of a start-up organisation.
Transition from 15 leased locations to 3 regional offices and on demand space. This household name within the UK market had grown significantly over the previous 5 years through acquisitions and organically.
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Greenfield Tractor Project
Background Our client, one of the leading agro-machinery manufacturers in South India planned to expand their product range by adding innovative and modern products into their portfolio. The company was already running well and was at a stage where it wanted to join the bigger players in agro-machinery business
After initial discussions with senior management, TMG advised on possible areas of diversification and helped them shortlist three new products they could produce andmarket with their existing facility. With the firm support of company’s senior management, we went on to prepare a feasibility study and a Detailed Project Report with financials to support launch of the new product. Based on our report, the company decided to set up a green field tractor manufacturing facility with technology from an international collaborator.
This project was executed through our associate Koine Investment Advisory. We assisted the client in short listing and identifying partners for technology transfer, drafting the Memorandum of Understanding, preparation of DPR with backup financials, approval of Project from various statutory agencies in both State and Central Government, obtaining Project finance and vendor development