- Business and the risk appetite of the client (Stable business growth v/s early profitability).
- Available capital
- Any specified focus areas
A high-level list of activities for business planning includes the following
- Define the target customer segment
- Research the potential across geographies
- Review the competition
- Define the products to be offered and corresponding processes
- Define manpower, systems and infrastructure requirements
- Build a detailed financial plan – Debt and Equity planning.
Taxation and compliance support
- Identifying the data / information needs for conducting the due diligence
- Analyzing the data and identifying the potential pool for acquisition
- Identifying the sample for verification of physical file, property valuations and title documentation
- Conducting the due diligence for the sample identified
- Building a portfolio valuation model to construct the projected cash flows and the profit and loss account for the pool identified for acquisition.
- Designing Product policies
- Developing Underwriting norms for different customer segments
- Developing CAM (Credit Appraisal Memo) to standardize income assessment and eligibility calculations for different products and customer segments.
- Developing formats (Personal discussions, Policy checklists, disbursement checklists etc.)
- Build process flows to suit the geographical spread, infrastructure, systems and manpower
- Audit of accounting norms, for Retail Finance companies to assess the quality of underwriting and adherence to policy /processes
- Property valuation audits – conducting cross-valuation audits for identified properties
- Review of the policies and processes – identify gaps if any and suggest best practices
- Review of collections infrastructure and efficiency
- Review of portfolio / process MIS and identifying risks and need for policy / process amendments