#USA Tax Service In Hyderabad
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How to File Taxes as a USA Citizen Living in Hyderabad
Introduction
As a US citizen living in Hyderabad, filing taxes can be a difficult but necessary task. Even if you live abroad, the United States government demands all citizens to disclose their worldwide income every year. Accelero Corporation specializes in providing USA Citizen Tax Services in Hyderabad, making it easy to manage this complex process while maintaining compliance and optimizing benefits. Here's a step-by-step method for filing taxes efficiently:
1. Determine Your Filing Requirement
If an individual's income exceeds the standard threshold for their filing status (single, married, head of household), they are required to file a tax return with the IRS. This includes all revenue earned in India. Self-employed people must file if they earn $400 or more each year.
2. Understand Foreign Earned Income Exclusion (FEIE)
The Foreign Earned Income Exclusion (FEIE) allows U.S. expats to exclude up to $120,000 of foreign-earned income from taxable income, reducing double taxation. Eligibility requires meeting the Physical Presence or Bona Fide Residence Test criteria.
3. Claim the Foreign Tax Credit (FTC)
As an expat, you can also apply for the India Foreign Tax Credit in Hyderabad for taxes paid in India. This decreases your US tax responsibility, dollar for dollar, for taxes paid to the Indian government. Accelero Corporation ensures that you fully utilize this benefit while following to all requirements.
4. Report Foreign Bank Accounts
If the total value of your overseas financial accounts exceeds $10,000 at any point throughout the year, you must file an FBAR (overseas Bank Account Report) on FinCEN Form 114. Failure to comply can result in significant penalties.
5. Comply with FATCA Requirements
Under the Foreign Account Tax Compliance Act (FATCA), you may additionally be required to report certain financial assets on IRS Form 8938 if they exceed certain criteria.
6. Gather Required Documents
Prepare relevant paperwork, including
Form W-2 (if appropriate).
Form 1099 for Additional Income
Foreign income statements and Indian tax returns.
Bank Statements for FBAR Compliance
7. Seek Professional Help
Filing taxes as an American citizen living abroad requires education. Accelero Corporation provides complete USA Citizen Tax Services in Hyderabad to help you organize your documents. Our team ensures accurate reporting, compliance with US and Indian tax requirements, and maximizing tax benefits.
Conclusion
Filing taxes as a U.S. citizen in Hyderabad need not be a daunting task. Accelero Corporation is your trusted partner, streamlining the process and ensuring full compliance while optimizing benefits like the India Foreign Tax Credit. Contact us today to make tax season stress-free!
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Green Card Holder Taxes Simplified for Startups Accelero specialises in Green Card Holder Taxes, guaranteeing that your startup tax returns are correct and compliant for foreign firms.
#USA INDIA Taxes#USA Citizen Tax Services in Hyderabad#Green Card Holder Taxes#India Foreign Tax Credit in Hyderabad#Expat Tax Services#USA Tax Service In Hyderabad#USA Tax Filer In India#USA Tax filer In India Green Card Holder#USA Citizen Tax Services
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Top CA Firms in India 2024: Uncover the Best Opportunities Beyond the Big 4
Top 20 CA Firms in India 2024 India is home to numerous highly regarded chartered accountancy firms that provide a range of services, including auditing, taxation, corporate advisory, and financial consulting. These firms cater to both national and international clients across diverse sectors, including banking, technology, real estate, and manufacturing. Many of these firms have built strong reputations over decades of service and are trusted advisors to some of India’s largest corporations and multinational companies. Their expertise ranges from tax compliance and corporate governance to complex financial restructuring and risk management, positioning them as leaders in the industry.
Here are top 20 CA Firms in India 2024 with Latest Jobs and Contact Details (Apart from Big 4)
1. Mazars India
Mazars is a leading international audit, accountancy, advisory, and tax firm. The company operates across over 90 countries and offers integrated services to clients of all sizes.
With an expanding presence in India, Mazars boasts over 1,000 professionals across offices in cities like Mumbai, Chennai, Delhi, Hyderabad, and Pune. The firm specializes in sectors such as energy, telecom, banking, automotive, and retail.
2. BDO India
BDO is part of the global BDO network, ranked as the fifth-largest in the world. Founded in 1963, BDO has over 111,000 professionals serving clients in 164 countries.
In India, BDO provides a full suite of services, including audit, tax, advisory, corporate finance, IT consulting, and sustainability services. It serves clients across industries, from small businesses to large multinational corporations. 3. RSM India
RSM International’s Indian arm, RSM Astute Consulting, stands as a strong force in the country’s accounting and consulting industry. With a footprint in major cities like Mumbai, New Delhi, Bengaluru, and Chennai, the firm is a part of the global RSM network.
RSM India provides specialized services in audit, tax, consulting, and advisory. The firm is widely recognized for its work with growing entrepreneurial organizations and startups.
4. Nexdigm (SKP)
Nexdigm, previously known as SKP, is a renowned global provider of accounting and advisory services. With a strong presence across India and international offices in the USA, Poland, and the UAE, the firm offers strategic solutions in areas like tax, audit, corporate finance, and technology consulting.
Nexdigm’s culture encourages innovation and professional development, making it an attractive choice for career growth. 5. Nangia Andersen India Pvt. Ltd.
Nangia Andersen is a member of Andersen Global and has a rich history of providing advisory, tax, and audit services in India. It offers a wide range of services including corporate tax, international tax, transfer pricing, and transaction advisory.
With offices across India and a reputation for client-centric service, Nangia Andersen has become a key player in the professional services industry.
6. Singhi & Co.
Singhi & Co., established in 1940, offers a wide range of advisory and assurance services. With over 750 professionals and a network of 40 partners, the firm is a trusted advisor to over 100 listed clients. Its services include taxation, risk advisory, M&A, digital transformation, and forensic services.
Singhi & Co. has a long-standing reputation for delivering high-quality, client-focused solutions.
7. ASA & Associates LLP
ASA & Associates is a prominent accounting and consulting firm with a strong reputation in the Indian market. Founded over three decades ago, it offers a range of services, including tax advisory, assurance, payroll, and accounting services.
With offices across the country and an international client base, ASA is known for its innovative and forward-thinking approach.
8. Dewan P.N. Chopra & Co.
Founded over 70 years ago, Dewan P.N. Chopra & Co. has emerged as a distinguished player in the Indian CA industry. The firm is recognized for its expertise in direct taxation, GST, transaction advisory, and regulatory compliance services.
With a longstanding legacy, Dewan P.N. Chopra & Co. provides sector-specific solutions to a wide array of clients.
9. Knav India
Established in 1999, KNAV is an international accounting and consulting firm with a presence in several countries, including India. The firm offers services in assurance, taxation, transfer pricing, valuation, and business advisory.
With a commitment to delivering exceptional client outcomes, KNAV provides insightful solutions to clients both in India and abroad. 10. T.R. Chadha & Co. LLP
T.R. Chadha & Co. is a prestigious CA firm with over 75 years of experience in delivering accounting, auditing, and advisory services. The firm caters to multinational companies, Indian corporates, and government organizations.
T.R. Chadha & Co. operates across 11 locations in India and prides itself on maintaining high standards of professional service.
11. Sharp & Tannan
Founded in 1934, Sharp & Tannan is one of India’s oldest CA firms. Known for its integrity and reliability, the firm provides services in audit, taxation, and risk advisory. It serves clients across a wide range of industries, including financial services and manufacturing.
Sharp & Tannan has established itself as a trusted partner to major Indian and global businesses. 12. Lodha & Co.
Lodha & Co. has over 80 years of experience in the field of professional services, offering expertise in auditing, taxation, and business advisory. With a strong presence across India, the firm serves clients in diverse sectors, including banking, insurance, and public sector enterprises.
13. Desai Haribhakti & Co.
Desai Haribhakti & Co. is a leading consulting firm specializing in corporate tax, mergers and acquisitions, and international taxation. Known for its in-depth industry knowledge, the firm operates with a team of seasoned professionals, including leaders in the CA and finance sectors. 14. Mahajan & Aibara
Founded in 1979, Mahajan & Aibara specializes in internal audits, risk advisory, and forensic services. The firm has built a reputation for its exceptional service and client-oriented approach. With a presence in major Indian cities, Mahajan & Aibara offers tailored solutions to diverse businesses. 15. N.A. Shah & Associates LLP
Established in 1965, N.A. Shah & Associates LLP is a leading CA firm offering services in tax, audit, and consulting. The firm has a reputation for delivering customized solutions to its diverse clientele, which includes both national and international companies.
16. CNK & Associates LLP
Founded in 1936, CNK & Associates is a prominent multi-disciplinary firm offering services across audit, tax, consulting, and risk advisory. It has a solid reputation for delivering high-quality services to MSMEs and large businesses alike. 17. SS Kothari Mehta & Co.
SS Kothari Mehta & Co. (SSKM) has over 70 years of experience in the CA industry. The firm provides services in audit, taxation, IT risk advisory, and business consulting. With offices in New Delhi, Chandigarh, and Mumbai, SSKM serves clients across various industries.
18. KPMG India (Replaced)
KPMG is a global leader in audit, tax, and advisory services. With a presence in over 146 countries, KPMG’s India branch offers a comprehensive range of professional services to clients across industries, including healthcare, energy, and financial services.
19. Indus Law (Replaced)
Indus Law is a prominent law firm that also provides audit and tax advisory services in collaboration with various chartered accountants. Known for its legal expertise, it handles complex corporate transactions and financial advisory services for clients in diverse industries.
20. Rathi & Associates (Replaced)
Rathi & Associates, a well-established CA firm, is known for its expertise in taxation, auditing, and corporate advisory services. The firm serves large corporations and individual clients, delivering personalized, high-quality solutions.
Want to explore the full list of the top 50 CA firms and unlock exclusive insights? Don't miss out—[Click here] to see the complete data!
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The Easiest guide to finding the best study abroad consultancy in Hyderabad.
The preference of students to study abroad is rapidly increasing because of their vision to get a quality education, illustrious career opportunities, and prospects of approaching high income. There are numerous study-abroad destinations, of which the most acclaimed are the UK, USA, Australia, and Canada.
However, students have to go through all the complexities of choosing their desired course, university enrollment, fees, and all these things, which are quite taxing. Seeking appropriate study abroad consultancy is crucial at this phase, which instils ease and comfort within the students. Hyderabad has emerged as the major spot for having reputed study abroad consultanciesthat provide complete requisite services to students.
Today in this article, we will extensively highlight all the necessary services provided by the best study-abroad consultancy in Hyderabad. The best consultancy in Hyderabad to study abroad and how it will provide the utmost reliability to you.
Aptech study abroad consultancy has become the leading choice of numerous students, and they avail themselves of the vast services provided by the counsellors here.
How Aptech study abroad consultancy in Hyderabad is the Number One Study Abroad Consultant?
The Aptech study abroad consultancysituated in Hyderabad has garnered the attention of countless students aspiring to go abroad to study for so many years, they are the number One Study abroad consultant working for Free for the students.
The counsellors amicably earn the trust of the students and make the process of getting admission to the foreign university impressively smooth. The students rely on the well-educated counsellors at Aptech Study Abroad, as they have such a keen interest in helping and assisting them throughout the process in the most truthful way.
Outstanding guidance, support, and advice it lends to the students for their betterment.
All the counsellors at the Aptech study abroad consultancy in Hyderabad are always passionate about guiding the students towards the right path so that they have a successful career ahead. The counsellors, being professionals, guide the students to choose the courses that have more scope in the future with regard to career enhancement and income growth.
Aptech Study Abroad Consultancy thoroughly prepares the students to meet all the required criteria.
How can Aptech Study Abroad help you for free?
There are a lot of requirements that need to be met while getting admitted to universities overseas. The criteria set for admission, like passing an interview, may make students feel perplexed about how challenging it gets to comply with the required criteria. However, Aptech study abroad consultancy remarkably makes students able to meet those criteria, as it suggests the students the best university that complies with their eligibility and other required criteria and is in their best interest for career growth.
Access to the most universities in the World with Aptech Study Abroad, Hyderabad.
Students' aspirations are undoubtedly big about getting admissions to the university they like. The Aptech study abroad consultancy in Hyderabad thus keeps this aspiration flourishing, as it holds associations with the most number of universities. So, the students do not have a limited number of universities to choose from; they have plenty of universities present before them to choose from according to the criteria they meet.
Documentation is done with absolute responsibility, by Aptech Study Abroad
All the required documents must be submitted and approved on time. Gathering, assembling, and getting the documents approved takes a tremendous amount of time and effort. Hence, the documentation approval is done in the most responsible and accurate way by the counsellors at the Aptech study abroad consultancy in Hyderabad.
No consultancy fees are required for study Abroad
The counsellors at the Aptech study abroad in Hyderabad demand no consultancy fees. They are immensely focused on fulfilling the goals of the students through a genuine approach.
Arrangement of loans, funds, and scholarships.
The Aptech study abroad consultancy manages to arrange loans and funds for the students. It also helps them get the scholarship from the concerned place.
Large gaps are approved easily.
Sometimes, a student may get worried because there is a large gap in academics. In such a critical situation, Aptech study abroad consultancy comes with great support. The counsellors are able to approve the large gaps easily and effectively, which enables the students to pursue their education abroad without any hurdle.
In 2024, Aptech study abroad consultancy, makes every possible way for the students to choose the perfect university, enabling them to get the best education they aspire to get. Thus, the students can definitely give themselves an easy and efficacious chance by opting for services from the Aptech study abroad consultancy, as it is always consistent in attaining success for the students.
For more information please connect with our visa experts at 750-3832132 / 928 928 9006/ 928 928 9007. or you can also visit us at www.aptechstudyabroad.com
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How To Change My U.S. Visa Status From F-2 To H-1B
Why Do You Want To Change Your Visa Status from F-2 to H-1b
There are a few reasons why someone might want to change their visa status from F-2 to H-1B. The most common reason is that the person has found a job that requires them to have an H-1B visa. Other reasons could include wanting to change jobs or extend their stay in the United States.
Difference between US F-2 and H-1b Visa
There are a few key differences between F-2 US visas and H-1B U.S. visas.
First, F-2 visas are only available to the spouses and children of F-1 visa holders, while H-1B visas are available to highly skilled workers in a wide range of occupations.
F-2 visa holders are not permitted to work in the United States, while H-1B holders are.
Finally, F-2 visa holders can stay in the US for as long as their F-1 visa holder spouse or parent maintains their status. In contrast, H-1B visa holders are typically granted visas for three years, with the option to extend for an additional three years.
Simple Steps to Change My U.S. Visa Status from F-2 To H-1b
Are you on an F-2 visa and looking to change your status to H-1B? If so, you can follow a few simple steps to make the US visa process as smooth as possible.
First, you will need to file a petition with the United States Citizenship and Immigration Services (USCIS). Your employer must file this petition and be accompanied by the appropriate filing fee.
Next, you will need to submit a completed I-539 form and any required supporting documentation to USCIS.
Once your petition has been approved, you will be issued an H-1B visa USA, allowing you to stay in the United States for up to three years.
Switching from F-2 to H1-B visa can be a great way to stay in the United States and work in your chosen field. However, it's important to remember that H1-B visa is a non-immigrant visa, which means it is not a path to U.S. citizenship.
To change your visa status from F-2 to H-1B, you will submit the required documents to the USCIS:
A completed Petition for a Non-immigrants Worker (Form I-539)
(LCA) A Labour Condition Application
Passport
F-2 visa
Most recent U.S. tax return
Degree certificate or transcripts
A resume
A letter from your U.S. employer detailing your job offer and duties
How Long Does the Process Take To Change Visa from F-2 To H-1b
Time is the only thing that no one has in this busy life. But yes, it is true that if your H-1B petition is approved, you must go to a U.S. consulate or embassy to obtain your H-1B visa. Once you have your H-1B visa USA, you can travel to the US and begin working for your sponsoring employer.
The entire US visa process can take several months, so it is important to plan ahead if you wish to change your visa status from F-2 to H-1B. There are several best h1b visa consultants in Hyderabad; you can take advice if you want to know more about the h1b visa process time.
Restrictions on F-2 Dependent Work Visa USA Holders
The H-1B visa is a non-immigrant visa that temporarily allows U.S. employers to employ foreign workers in specialty occupations. The United States is great for living, working, and raising a family. However, your options for living and working in the U.S. are limited if you're not a citizen or a permanent resident.
One option for non-citizens is to obtain a dependent work visa USA, such as an F-2 visa. This allows you to live and work in the U.S. as long as you remain married or the child of a U.S. citizen or permanent resident.
However, there are some restrictions on F-2 dependent work visa USA holders. For example, you cannot work unless your spouse or parent has a job requiring assistance. Additionally, you may only be able to attend school part-time.
While the restrictions on F-2 dependent visa holders can be frustrating, they are in place to protect your status in the U.S. If you violate the terms of your visa, you could be deported and barred from returning to the U.S.
If you're considering moving to the U.S. on an F-2 dependent visa, research the restrictions and make sure you can comply with them. Otherwise, you could be separated from your family and forced to return to your home country.
Eligibility Criteria for H1-B Visa
A yearly limit of 85,000 new H1-B visas (with 20,000 reserved for workers with advanced degrees). Some have criticised the H1-B visa as a way for U.S. companies to hire cheaper foreign labour. But it can also be used to hire highly-skilled workers who can help a company compete in the global marketplace. Several eligibility criteria must meet for an H1-B visa. These include:
The applicant must have a bachelor's degree or higher from an accredited institution.
A job offer from a U.S. employer in a specialty occupation is a must.
Must demonstrate the necessary skills and qualifications to perform the job.
Must have a valid passport.
The applicant must show they have the financial resources to support themselves in the US.
Should have a good moral character and have no criminal convictions.
Must be healthy and not have infectious diseases.
The applicant must be willing to comply with all the terms and conditions of their visa.
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Liposuction Treatment in India: Costs, Hospitals and Patient Testimonials
The first liposuction in medical records was carried out in 1974.
Since then, there has been extraordinary development at the body contouring strategies. Liposuction within the past few many years have turn out to be an awful lot safer and successful than it was in the past. It is an complicated method finished to get rid of excess fat from the frame to keep your former physical shape. The system can be finished on any body part, be it the hands or the legs, thighs, belly, Liposuction in Dubai ,buttocks, stomach, lower back, submental (chin), inner thighs, gynecomastia (male breast tissues), and many others. Liposuction remedy in India has grow to be a huge rage due to the value factor, in addition to the pleasant of treatment available in JCI authorised Hospitals.
Benefits of Liposuction
The immediately benefits of the surgical operation are connected to each your bodily and mental nation. You word dramatic modifications to your appears as you narrow down plenty and suit into your vintage clothes. You gain a look that you had constantly yearned and revel in lots of interest. Mental blessings are equal for your physical blessings as you feel immensely elated and satisfied.
Eligible Candidates for Liposuction
Candidates who qualify for the manner are individuals who have properly fitness, are within 25 lbs. Of her or his top, do now not suffer from common fluctuations in weight, have company and elastic pores and skin, do not have any scientific issues like diabetes or lung disease, had no previous surgical operation in the ones precise regions in which the character desires to have the surgery, and many others.
Types of Liposuction Surgeries
Having expertise about the exceptional sorts of liposuction will assist you make an educated decision approximately choosing the proper treatment plan and the health care provider.
Traditional Liposuction- The process follows creating an incision inside the remedy region and putting a cannula into the affected person's body to suck out excess fat from the location.
Ultrasonic Liposuction- It makes use of ultrasonic sound waves to emulsify fats in those frame areas where fats deposit is excessive. The technique makes it less difficult to remove the accumulated fat.
Laser liposuction- Laser light is targeted at fats deposits to loosen fat cells to allow the medical professional to get rid of the fat effortlessly.
Power-assisted liposuction- Also referred to as PAL, this procedure makes use of a cannula with a vibrating tip to break fats cells for clean elimination.
Planning to have liposuction remedy in India? Check out the value diversification in specific components of the united states.
Liposuction Cost
Liposuction surgical treatment cost in India is least expensive, encouraging sufferers from throughout the globe to come back to the united states of america. It is greater cheap as compared to nations like Germany, UK, USA, Singapore, and so on. Take a examine the cost category based totally upon different nations
The above table offers you perception into the incredibly decrease fat elimination surgery value in India in comparison to different international locations. Factors along with low-cost accommodations, low cost of dwelling, and skilled docs' expenses contribute to determining the liposuction surgical procedure value in India.
Liposuction price tiers between $620 and $2500 throughout the distinctive cities in India. The determine varies relying upon elements like the vicinity of remedy and the amount of fat required to be removed. Some of the maximum favored cities are Bangalore, Mumbai, Kolkata, Hyderabad, Delhi, Chennai, and many others., in which the liposuction cost areas follows:
Liposuction surgical procedure cost in Delhi and Pune can pass as much as a surprising figure, at the same time as price in Hyderabad is relatively greater lower priced. Scanning through the above desk and making a comparative analysis between the low-quit and excessive-end clinics, you should be capable of attain a proper choice. No choice need to be made in hurry however best after thorough research of the numerous cities in India and how the fee varies.
Have a look at the figuring out factors of the entire value of liposuction treatment in India:
Laboratory charges Doctors' costs Operation room expenses, The quantity body areas where the surgical operation will be done The quantity of fats to be eliminated Service tax The sort of approach selected for the liposuction remedy Compression clothes, and many others.The high-quality clinics and hospitals in India presenting the most a hit liposuction remedy are ready with ok quantity of area for patients, have the modern-day and advanced techniques and equipments along with evolved scientific centers. Check out the list of liposuction treatment hospitals in India and read the customers' comments. Names of liposuction remedy hospitals in India Fortis health center, Jaypee hospital, Apollo Hospital (in Delhi) The Bangalore Hospital, Narayana Multispecialty Hospital, Fortis Hospital, Apollo Hospital (in Bangalore) Kokilaben Dhirubhai Ambani Hospital, Apollo Spectra, PD Hinduja Hospital, Enhance Clinics, Hiranandini Hospital (Mumbai) Apollo Hospital, Fortis Malar, Chennai Meenakshi Multispecialty Hospital, Prashantha Super Specialty Hospital (Chennai) AMRI Hospital, Fortis Hospital, Ruby General Hospital, Narayani Multispecialty Hospital (Kolkata)
A few testimonials of the maximum famous hospitals in India:
Fortis Hospital in Delhi - It is regarded as the exceptional cardiac hospital in India, having pinnacle-notch cardiac doctors' team, concludes Ms Sima.
Jaypee Hospital in Delhi - Although regarded as bit steeply-priced, the health center service is unequalled, in keeping with Mr.Prajapati.
Kokilaben Dhirubhai Ambani Hospital in Mumbai- The medical institution is taken into consideration for having the pleasant infrastructure in conjunction with excellent medical facilities, says Mr. Rahul Saxena
AMRI medical institution in Kolkata- The AMRI sanatorium is understood for have a awesome medical infrastructure and an excellent group of docs, concludes Mrs. Pandey.
Which people are eligible for liposuction remedy in India?
Those who do not smoke Those who are above 18 years and have an excellent muscle tone and firm skin elasticity Those who aren't tormented by diabetes, any lifestyles-threatening diseases and thyroid The styles of liposuction techniques to be had in India encompass: Surgical remedies- Tumescent liposuction and splendid-moist liposuction Non-surgical remedies- Vaser liposuction, Laser-assisted liposuction and ultrasound liposuction Nothing to worry, liposuction treatment healing time is short, easy and with out headaches. You need follow-up visits to the medical doctor in the month's put up surgical treatment to make sure how you are progressing. If you want in addition liposuction after treatment, then it must be consulted together with your medical doctor if it's miles feasible. How we help you
Basic centers:
MediGence allows in an arrangement of medical visa, to and from the airport carrier, lodging, food, appointment with healthcare professional, lab assessments and many others.
Qualified panel: MediGence has community of the nice surgeons and hospitals, presenting perfect healthcare in India.
Affordable: What is the Smile Makeover Surgery Costs in India? The costs incurred in the entire journey for the smile makeover surgical procedure in India are nearly 30% of that during most Western nations.
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THE INFINITY BY BHANDARI MARBLE GROUP
What is THE INFINITY LUXURIOUS IMPORTED MARBLE?
THE INFINITY LUXURIOUS IMPORTED MARBLE is an end-to-end, completely Marble, Granite, and building stone company that helps you design and execute the interiors for your dream home flooring, elevation, decoration, Landscape, and Countertop.
Can I avail of the Stones if I want some very simple and minimal design work done for my house?
Absolutely. THE INFINITY LUXURIOUS IMPORTED MARBLE offers personalized solutions for your Flooring, Elevation, Decoration, Landscape and countertop marble, granite, and natural stone needs. Our stone experts and designers talk to you in detail to understand your vision and help you design a space that is in sync with your tastes and preferences. This service is definitely an option for you to consider.
Do I have to get the entire house Marble, Granite and building stone if I book this service?
Not at all. This Natural stone design service works for you even if your renovation is limited to a specific room or area of the house.
Who will supervise the selection when I’m book online?
Our customer experience specialist (CES) would be your single point of contact for all queries and concerns that you may have. He will be the one to lead the entire interior project and keep you informed about the progress of marble stone finishes, dispatch, packing, transportation, taxes, etc.
Will I need to visit the THE INFINITY LUXURIOUS IMPORTED MARBLE?
No. Our customer experience specialist (CES) is the custodian of your order and he will check the stone and finishes and also ensure that you get regular updates about how the work is progressing. The CES is your go-to person in case of any concerns or queries.
Am I allowed to customize the designs and finishes on Marble, Granite, and building stone for my house according to my taste?
Absolutely. We pride ourselves on providing you best-in-class personalized Stone design and finishes services to fit your needs. You can consult and collaborate with our customer experience specialist (CES) and interior designer to finalize the design that works for your home, villa, hotel, and project.
Can I opt for different Marble, Granite, and natural stone themes for different rooms in my house?
Definitely! You will be involved in every design decision that is taken. The customer experience specialist (CES) and Stone expert will consider and incorporate your opinion and solicit your approval at all stages in the floor designing phase. The final design will be based on your tastes and on popular trends.
In which countries and cities is this supply operational?
As of now, we provide Marble, Granite, and natural stone design services all around the World, USA, UK, UAE, Germany, Australia, Singapore, China, India, Italy, Canada, Dubai, Nepal, Shri Lanka and all over Europe and Indian cities—Delhi, Mumbai, Pune, Kolkata, Ahmedabad, Chennai, Bengaluru, and Hyderabad. We are also active in select pin codes of Coimbatore. Please fill out the form to know if we are ready to serve in your area.
Who will be my contact person for the entire duration of the project?
The customer experience specialist (CES) will be your contact person from the beginning till the end of the Marble, Granite, and Natural Stone design project. He will address and assuage any queries or concerns that you have during this time.
THE INFINITY LUXURIOUS IMPORTED MARBLE BY BHANDARI MARBLE GROUP For more can contact us 9929879999 or 9829040013 Or mail us at [email protected] [email protected]
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Accountooze is a professional Virtual accounting firms in India. We provide bookkeeping and accounting services, we also reconcile your documents and get updated with statements. You focus on your business and we handle your account and tax statements. Meet our team:- https://www.accountooze.com/meet-the-team
CA Siddarth Jain:- Qualified CPA(USA) and CA India having an overall experience of 7 years, Prev Worked with EY.
CA Palak:- Qualified CA India having an overall experience of 5 years, Prev worked with SMS Infra.
CA Pawan kumar:- A Qualified CA (India) having an overall experience of more than 30 years.
CA Puneet Jain:- An engineer from IIT Bombay, and MBA from ISB, Hyderabad, Prev worked with Mckinsey.
CA Amit Jain:- An Engineer from IIT Delhi, Worked with various tech Companies
Contact best Top tax advisor india
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Expert Tax Return Services for Early-Stage Startups: Accelero Corporation
At Accelero Corporation, we specialize in helping early-stage startups with tax return filings. We offer Expat Tax Services to ensure your business is set up correctly for international tax matters.
#USA INDIA Taxes#USA Citizen Tax Services in Hyderabad#Green Card Holder Taxes#Expat Tax Services#Expat Tax Services in Hyderabad#USA Tax Service In Hyderabad#USA Tax Filer In India#USA Tax filer In India Green Card Holder#India Foreign Tax Credit in Hyderabad#India Foreign Tax Credit Accounting Solution
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Restaurant Business Brokers– How to Buy/Sell a Restaurant in India
India, we all know is one of the most populous countries in the World. With 29 states, 7 Union Territories and more than 100 big cities the country is a vast place to explore and grow in doing business in India. The sprawling landscape and diversity of India offer great opportunity and challenges when it comes to buy or sell a restaurant business. Besides restaurants, coffee shops are also in fashion and are a profitable business for that matter. The best thing about a Coffee shop is, it requires less involvement of the owner. It is easy to buy or sell a business in Chennai, Bangalore, Hyderabad, and Delhi or buy-sell any business in India or in any metro city for that matter. Even tier 2 cities have easy accessibility these days due to technical advancement. You may have a reference of India business for sale online business broker’s bizzday.
Why many are opening a new restaurant?
Since the restaurant business is considered one of the most profitable businesses amongst all, people are often inclined to start their own restaurant. Revenue in the restaurant business is quick and immediate. More often than not, if the location of the restaurant is prime and the menu is salable than turnovers are also high in the restaurant business in India as well as in the USA. Now the interest has grown up to buy a running restaurant business in indie and USA. Let’s see how to find a business for sale in India or USA instead of starting from scratch. Why many are selling their existing restaurants within no matter of time? Undoubtedly, the restaurant business is a profitable and high revenue generating business. But, quite often people who are already working in the IT field and have less or no experience of the field start their restaurant business. Due to their busy schedule, they are not able to balance their work and business, they don’t look after their restaurant and leave it on the workers which in turn cause the loss sometimes unbearable loss. Sometimes the workers are not retained and because of which most owners shut them. Other major factors of holding the restaurant with ridiculously rising rent. Need help then refer the articles from Bizzday business brokers website to analyze how to protect from the tags “Business for sale” “India business for sale” “running the business for sale” Why technology is required in every business? Unlike olden days there are many online platforms such as Uber Eats, Zomato, Swiggy, food panda. Etc., which are ultimately helping the overall sale of restaurant businesses. Even very sick restaurants have been growing because of online food partners. Same way when you sell a restaurant business then online business marketplace players like Bizzday business brokers helps in your Business for the sale process. Looking to buy a restaurant-where should you start?
Due to the high competition for space and lack of inventory in many popular cities; it’s important that you are prepared to compete in the market especially when you get the perfect restaurant. Here are few pointers prior to looking for a restaurant for buying in India: Pitch Deck
A pitch deck is a summary of your restaurant, which includes one year of financial projections and other details for you and your partners (if any). Menu
If you are planning to lease a restaurant, potential landlords will want to see your menu. So, you will need a menu to define the exclusive use clause in your agreement, whether you plan to locate in a shopping center or in any other property with multiple restaurant tenants. Financials Your finances matter a lot while you plan to buy or lease or franchise a restaurant. Because your creditworthiness is the biggest factor. You have to be prepared with two years personal tax returns, bank statements, credit application and proof of funds available, etc. Where should you look to buy a restaurant or coffee shop? Well, for this the most important factor is your concept, which will greatly determine which location you should consider when you start your search to buy a restaurant. Is your concept is fast food or fine dining? Or are your targeting lunchtime employees or students in a locality? Your trade area will depend on your concept. What is the trade area?
Area, which defines 80%of your potential customer base is called a trade area. Make sure your trade area consists of a large enough population that matches your ideal customer. Also, your trade area should be convenient enough for your customers to visit your restaurant within a short drive or walk. Also, you can franchise a restaurant. Restaurant Franchising: Restaurant franchising is also in trend these days, you can find a franchise a restaurant if not planning to buy one. There are several restaurant chains which franchise their business in order to reach out more and more people. Few of these chains are McDonald's, Barbecue Nation, Dominos, Lassi shop, etc. Franchising a restaurant is an easier task than buying or starting a new one. The best thing is a brand is already established so you need not do much to promote the brand. Also, they provide initial training’s and help you in the initial functioning of the restaurant business. How to find a restaurant for lease/franchising/buying in India and USA? There are two methods primarily used to find a restaurant for lease/franchising/buying in India. They are: • Offline • Online Offline Method: Offline methods are age-old methods of finding a restaurant on sell, like you will have to look in a hot neighborhood for a restaurant to buy, chances are you will not find any good option. Basically, to find a restaurant for lease/franchise/buy in these neighborhoods quite often requires patience and finding “off-market” deals. Or else you can contact a real estate broker to take help in finding the desired property. Then you with your real estate advisor can contact existing restaurant owners and/or property owners. If by chance you will get any deal also, it may not come out to be the perfect deal. Also, you can contact the landlord, there are several other things which you need to know prior to finalize the deal. Moreover, you can call the restaurant operator, send an email likewise several activities need to be done. Which not necessarily give you the desired outcomes. Offline methods to find a restaurant for sale or franchise is often more challenging. Most often they have a limited liability company so they hide their name and contact information from the general public. If lucky, your restaurant real estate advisors may be able to track down the true contact. But all in all these steps are quite a tiresome and there is no guarantee of getting proper place also. Online Method: We all know how Amazon, Flipkart, eBay, etc., have changed our shopping experiences, similarly, the online brokerage firms have changed how to find a restaurant for sell/buy/lease/franchise. Any search is easy with the internet. If you search “restaurant for sale” or “restaurant for lease/sell in India” on Google, multiple websites and restaurant real estate advisors will appear online, who can provide you all the relevant information about available restaurants for sale/buy/lease/franchise? There are many such websites or online platform from where you can gather all the required and relevant information regarding the restaurant business. Bizzday.com is an online platform and a restaurant business broker. Bizzday.com can be your perfect choice as its services are best in the Industry. You can buy or sell your business here at bizzday business brokers. It offers you the facility to post 8 images for a business listing, along with that one posting with 150 days of validity. Also, the platform is absolutely free for one and all. It provides a free consultation and business evaluation. Restaurants For Sale
Source: https://bizzdaybusiness.blogspot.com/2019/07/restaurant-business-brokers-how-to.html
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SAP GST Online Training at Ecorptrainings Hyderabad India.
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Duties of an Indian Ambassador in Foreign Country
INTRODUCTION
Diplomatic Agents are those agents who reside in foreign countries for a specified period of time as a representative of their state from which they have been dispatched. These diplomatic agents have various functions, powers and immunities and they establish a friendly relationship and carry out political and legal transactions between home state (the state from where they have been dispatched) and accredited country (to the country where the diplomat is accredited). They provide an important link between both states.
HISTORY
This custom of sending their agents and receiving agents from states has been in practice since the ancient period in India and they are called as Doots, these doots were sent to states for a specific purpose on a temporary basis and would return after the purpose is fulfilled. This practice was not uniform nor they were sent permanently to the accredited state. The practice of sending diplomatic agents permanently/specified long period started since the British period when they wanted to establish trade and business with ‘Foreign European Powers’. In 1783, September 23, the East India Company’s board of directors passed a resolution to establish an Indian foreign department for conducting trade, secrets and business politics. This continued to expand as diplomatic representation, wherever the Britishers needed themself to be represented for their benefits.
In 1935, the GOI Act has elaborated clearly on political and foreign sector functions in the Indian foreign department, but they realised that it was administratively imperative hence a separate external affairs department was set up. The Indian government in the year 1946, decided to form Indian foreign services to be commercially represented overseas through diplomats and consular which we now call as the ministry of external affairs and commonwealth relations[1].
Simultaneously in the international platform, permanent legation became a general institution by the second half of the seventeenth century. Later, the state has given certain duties, privileges and rights to them which were almost similar in nature. This led to the development of customary rules of international law. For the first time, the customary rules of the international law on the ranks of diplomatic representatives were codified in the Congress of Vienna in the year 1815. But that was not the end. The institution of diplomatic agents kept continuing even after 1815. After the establishment of united nations, the international law commission was given a task to codify the laws relating to diplomatic agents and they submitted their draft in the UN assembly. UN Assembly called up for a conference at Vienna in the year 1961 on April 18 about diplomatic relations, eighty-four states have participated in the conference and this conference was named as Vienna convention which came into force in the year 1964 after twenty-four states ratifying this convention. However, this convention doesn’t solely to be considered an instrument for having diplomatic agents’ other customary laws are governed where this convention has not expressly mentioned those of few provisions[2]. The institution of diplomatic representatives has come to be the principal machinery by which intercourse between states is conducted at present.
AMBASSADORS:
Vienna Convention has classified diplomatic agents into 3 classes, in which Ambassadors are highest in rank, considered as personal representative of their home state and hence, they enjoy highest, special honours then other two classes. Oppenheim (German Jurist, regarded as the father of the modern discipline of international law) says that Ambassadors are also called a mouthpiece of his/her home state and to the foreign department, for communications made to the accredited state.
The home state sends these ambassadors to reside in the accredited state in order to maintain diplomatic relations with the accredited state and these ambassadors have to represent in benefit/ interest of the home state on a wide variety of issues both at home and at abroad. Ambassadors are sent along with diplomatic staff such as technical staff, administrative and service staff. These staff shall be from the home state only. Ambassadors claim the title of excellency and they shall have various important functions to perform while having access to the various honours and immunities available to them. Presently, India is maintaining diplomatic ties with Afghanistan, Iran, Israel, USA, Russia, Japan, Bhutan etc.
FUNCTIONS OF AN AMBASSADOR:
REPRESENTATION: Ambassadors shall represent in benefit/interest of their home state in the accredited state on a vast variety of issues both at home and at abroad which includes trade and investment promotion, cultural interaction, political and economic cooperation, media and press, military involvement between both countries and also hosting in multilateral issues.
PROTECTION: Ambassador’s utmost priority is to protect its home state’s national security in the accredited state and protecting legal rights, properties and providing consular facilities of its citizens/national who are residing in the accredited state[3]. Help out the refugees who are stuck in dangerous situations, providing passports, legalization of signatures, registration of birth, marriage and death subject related to his/her home state.
NEGOTIATION: Negotiation is the most important function of ambassador to perform. Ambassadors negotiate on various aspects with the accredited state on behalf of the home state in order to maintain peace and have friendly relations between two states. The negotiation outcome shall be intimated to the home state on a time to time basis.
OBSERVATIONS: The ambassador shall observe the regular happening of events in the accredited state especially with the events which might affect relations with his/her home state and he/she shall update by sending periodical or special reports to the foreign department of the home state.
PROMOTION OF FRIENDLY RELATION: Ambassadors shall always promote friendly relationship and develop social, cultural and economic relations between the two states.
WORK FOR PEACE: Under the coordination of head of the state and defence ministry of the state, the diplomatic agents’ the mission is to work together peacefully and fight against illegal, immoral acts like international bribery, human trafficking, drug trade and international terrorism[4].
Apart from these functions, they shall be appointed with other specific functions and shall be performed only by them. These ambassadors are been protected with various immunities provided them by the home state such as the inviolability of diplomatic agents include staff and family members, inviolability of premises, immunity from the local jurisdiction, giving witness, immunity from taxes and custom duties, immunity from inspection of personal baggage, right to worship, freedom of movement and travel, freedom of communication, immunity from social security, local and military obligations.
Ambassadors play an important role in passing confidential communication with foreign countries and in shaping the foreign policy of their home state.
SOURCES:
1. https://www.tutorialspoint.com/what-is-the-role-of-an-ambassador-in-a-foreign-country 2. http://www.legalserviceindia.com/legal/article-1173-role-of-ambassadors-and-high-commissioner.html 3. https://law.jrank.org/pages/4281/Ambassadors-Consuls-Powers-Duties.html 4. https://www.mea.gov.in/indian-foreign-service.htm Book reference – International law and human rights by Dr H.O. Agrawal, 22 edition 2019, central law publications, Chapter 21- Diplomatic agents, page no. 311.
Citations:
[1] See for reference “Ministry of External Affairs website, GOI- about us.” Checked on 08-06-2020. https://www.mea.gov.in/indian-foreign-service.htm
[2] See for reference “International law and human rights by Dr H.O. Agrawal, 22 edition 2019, central law publications, Chapter 21- Diplomatic agents, page no. 311.
[3] See for reference- “What is the role of an ambassador in a foreign country on tutorials point site published by dev Kumar on 02-Jan-2019 12:00:01.” Checked on 08-06-2020.
https://www.tutorialspoint.com/what-is-the-role-of-an-ambassador-in-a-foreign-country
[4] See for reference “Role of Ambassador and High commission, published on legal service India site by Ayushi Detha.” Checked on 08-06-2020.
http://www.legalserviceindia.com/legal/article-1173-role-of-ambassadors-and-high-commissioner.html
Author: P. Vaishnavi, Legal Intern at Legal Desire (June 2020)
P. Vaishnavi, a dynamic individual and an academic scholar pursuing her BA.LLB(Hons.) degree at ICFAI Law School, Hyderabad. Her interest lies in media and environmental laws.
The post Duties of an Indian Ambassador in Foreign Country appeared first on Legal Desire.
Duties of an Indian Ambassador in Foreign Country published first on https://immigrationlawyerto.tumblr.com/
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Drugs license Registration
DRUG LICENSE REGISTRATION OR WHOLESALE DRUG LICENSE REGISTRATION
The Drugs Control Department regulates the manufacture and sales of drugs and Cosmetics. The Government has laid down various drug laws under which the State Drug Controller deals with the licensing of both manufacturing and sale premises of drugs & cosmetics. Under the Drugs and Cosmetic Act, 1940, the competent authority is authorized to grant Drug license to carry out drugs/medicines or cosmetics relevant businesses. As per the act, the license covers all kinds of drug or cosmetic businesses such as homoeopathic, allopathic excluding the ayurvedic and unani medicines.
TYPES OF DRUG LICENSE ISSUED
Retail drug license
It is Issued to Persons/agencies involved in Standalone/ chemist pharmacy shops
Wholesale drug license
It is issued to Persons/agencies involved in wholesale distribution of drugs
Types of Drug Licenses issued by the Department for sale of Drugs:
FORM 20: For the sale of Allopathic drugs
FORM 20-A: For the sale of Restricted Allopathic drugs
FORM-20-B For wholesale of Allopathic drugs
Form 20-C – For the sale of Homoeopathic medicines by retail
Form 21-For Sale of Allopathic drugs specified in Sch C & C (1
).
Form 21-B-For wholesale of Allopathic drugs specified in Sch C & C(1).
To Obtain Drugs License for manufacturing of drugs
Application Form for Drug License Registration
Online payment : Fees of Drug License . Rs. 6000/- + Inspection Fees Rs. 1500/-
Declaration Form
Proof of Constitution of Firm in case of Partnership / Pvt. Ltd./ Ltd. /Trust.
Copy of Resolution passed by Board of Directors.
Key Plan and Site Plan in Blue Print / Ammonia Print.
Proof of Possession: A) Rented : Rent Receipt & Rent Agreement. (Notary Attested)
B) Self Occupied.
Proof of Ownership: Copy of Regd. GPA / Sale Deed / Property Tax Receipt
Affidavit of Non-Conviction as per format given in Guide Line Booklet.
List of Equipment and Machineries Provided for Manufacturing.
List of Equipment Provided for Testing.
List of Technical Staff for manufacturing along with their Self Certified photocopies w.r.t. Certificates of Education Qualification, Experience Certificate, Biodata on Proforma, Appointment Letter, three photographs.
List of Technical Staff for testing along with their Self Certified photocopies w.r.t. Certificates of Education Qualification, Experience Certificate, Biodata on proforma, Appointment Letter, three photographs.
Affidavit from employer and or Technical Staff for full time working with the firm as per format given in Guide Line Booklet.
List of Formulations to be permitted along with product information separately for each drug and affidavit about owner / user of the trade name applied for.
Consent of Approved Testing Laboratory for Sophisticated Testing.
Kindly refer “Drugs and Cosmetics Act, 1940 and Rules made there under
CHECKLIST/PRE-REQUISITES FOR DRUG LICENSE REGISTRATION
Certain preplanning is required to be done before setting up the business pertaining to the Drugs and for obtaining the grant of drug license
FOR COMPETENT PERSON / PHARMACIST
The medicines need to be handled by a specialist.
A qualified pharmacist in case of retail drug license is a must.
In case of wholesale, a graduate with 1 years’ experience or undergraduate having four years’ experience is a must.
FOR AREA OF PHARMACY SHOP
The carpet area of the pharmacy must be a minimum of 10 square meters,
When you have applied for both retail and wholesale pharmacy the minimum area should be 15 square meters.
The premises are required to be adequately ventilated.
FOR STORAGE FACILITY OF DRUGS
Medicines need to be stored at a clean, ventilated and cool storage facility.
When in certain drugs cases and certain vaccines need to be stored in a low-temperature freezing zone or as required, it must be stored that way.
A refrigerator and air conditioner by default are essential for grant of a drug license in India.
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Million-Dollar, One-Person Business Revolution Accelerates
When Apurva Batra, now 29, walked into a supervisor’s office at Chevron and gave notice that he was leaving his engineering job, the incredulous look on his manager’s face said it all.
Batra read the look in his eyes as, “Why would you want to quit this? No one does this.”
It was easy to see why someone might wonder about Batra’s decision, given the prestige, attractive pay and social approval that came with working at the oil and gas giant.
But Apurva realizes that saying goodbye to his well-paying, five-year career was the best move he could have made. He genuinely liked his colleagues but many days when he went to work, he’d said to himself, “I’m going to spend the rest of my life going into someone else’s office, at a time someone else prescribed and do meetings for someone else. At the end of the day, the reward of that is going to go to the boss.”
Recognizing he was meant to be an entrepreneur, Apurva didn’t want to force fit himself into the corporate mold and live a life of regrets. Taking a leap of faith in 2015, the Houston resident founded a one-man business called FlexiblePouches, which makes pouches for packaged food and other products. He hit annualized revenue of $1 million his first year and expects to bring in $3 million in revenue this year at the profitable company.
Apurva is part of an exciting trend: the growth of the million-dollar, one-person business. A growing number of nonemployer firms—those with no paid employees but the owners—are bringing in $1 million to $2.49 million a year in revenue. Their numbers hit 36,984 in 2017, up 2% from 36,161 in 2016, according to just-released data from the U.S. Census Bureau. That count rose 38% from 26,744 in 2011. Most non-employer firms are solo businesses, but some are partnerships and family businesses.
There are also an elite group of 2,229 nonemployer firms bringing in $2.5 million to $4.99 million (up from 2,090 in 2016) and 356 bringing in $5 million or more, up from 316 in 2016.
Meanwhile, many entrepreneurs are hitting six-figures and beyond—and their numbers are rising. There were 1.97 million bringing in $100,000 to $249,999 (up from 1.86 million in 2016); 629,837 generating from $250,000 to $499,999 (up from 590,948 in 2016); and 282,819 generating revenue from half a million to $999,999 (up from 264,140 in 2016).
How are they generating this kind of revenue in tiny, one-person firms? Among the top industries were professional services (9,745), construction, (4,699), real estate (3,050), retail (2,976), healthcare and social services (2,791) and finance (2,781).
Growth in new business creation was highest in the low-tax states of Florida (9.3%) and Texas (6.5%), as well as in Massachusetts (5.7%), where e-commerce surged.
Many trends are contributing to the growth of these high-revenue, one-person firms. The cost of starting a business has come down, thanks to cloud-based technology and low-cost apps and digital tools that make it easier than ever to automate routine tasks. Giant freelance platforms have made it possible to find contractors easily, allowing owners to extend what they can accomplish. The growth of the internet has made it easier for entrepreneurs like Batra to find resources to manufacture their goods and to advertise around the world. And there are many outsourced fulfillment and drop shipping services that simply product delivery for those who sell goods.
To be sure, the vast majority of one-person businesses never get to $1 million in revenue. For some context, there were 25.7 million nonemployer firms in 2017, up by 3.6% from just under 25 million in 2016. Among these firms, the average annual revenue was $46,978. (The Census Bureau doesn’t publish profit figures, so it is not possible to determine how much owners of the firms in the research are taking home).
The data doesn’t show how many of the firms are full-time versus part-time, but there are indicators that some of the growth is driven by side hustles. In 2017, there was a 26.5% increase in the transportation and warehousing sector, the category to which rideshare driving belongs, with 230,572 brand new establishments. Rideshare driving is on the lower end of the pay scale for solo entrepreneurs.
Although not every business will make it to $1 million, every solo entrepreneur can learn valuable growth strategies from those who break into the seven figures in nonemployer firms. Here are the stories of Apurva and two other entrepreneurs who pulled it off.
Apurva Batra, Houston
Although Apurva Batra yearned to quit his job at Chevron for years, he didn’t do so abruptly. With dreams of becoming an entrepreneur filling his mind, he tucked away money in his savings account on a regular basis, long before giving notice. Although he knew that he had plenty of runway to take risks while in his twenties, he still needed to pay his bills. “Everyone cares about security,” he says. “But I think it’s something you make for yourself.”
Batra threw himself into researching potential businesses he could pursue. He set several criteria for the business he would start: It would have to be in the well-paying B2B space. It would need to be based on repeatable processes. And it offered an opportunity to scale. “I wanted to create something of value that is a cash-flow generating asset,” he says.
As he conducted his research, he was drawn to the idea of a product-service hybrid. “Service businesses are easier to start. Product businesses are easier to scale,” he says. “Being a hybrid offers the advantages of both.”
His research led him to creating plastic pouches for groceries. Moving back in with his parents, he tapped into $25,000 he had saved during his year as an engineer to get started. Initially, he flew to China to research his manufacturing options. He then invested $10,000 in inventory, printed some business cards and headed to the natural-products trade show circuit to pick up clients.
Although he started making sales at trade shows, what proved to be more fruitful was promoting his website using Google advertising, which he taught himself how to do using YouTube videos. It was hard for a startup like his to win business with food giants, but he found that small and midsize companies were very receptive. He built a reputation for being willing to do ultra-small print runs, thanks to an investment he made in a digital printing tool needed. “That press changed the game,” he says.
So far, Apurva has not hired any employees. As an avid word traveler, he’s not sure if he wants to take that step yet. “If I have employees, I’ll have to manage them closely,” he says. “I might lose some freedom. That freedom is what I started the business for.”
But for now, he doesn’t have to make an immediate decision on that front. He has a lifestyle and business he loves and has no regrets about leaving the world of traditional careers and its vestiges, like commuting, behind.
“I get up every morning and see the traffic outside and am not envious,” says Batra.
Hafeez Lakhani, New York City
Hafeez Lakhani, now 37, didn’t set out to become an entrepreneur when he first started his career. Born in Hyderabad, India, and raised in South Florida, Lakhani, a gifted student, attended Yale University and earned a Bachelor’s degree in math and economics.
Lakhani initially worked as a Wall Street commodities trader, and, having enjoyed a past stint at a camp counselor, became a volunteer SAT prep coach at a community center in Queens on the side. Leaving Wall Street to pursue his passion for writing fiction, he doubled down in his work with students and became a freelance SAT tutor to support himself. With a perfect score on both the SAT and ACT, he had plenty of credibility in the college preparatory area.
Lakhani was quite successful as a fiction writer, publishing his fiction in literary magazines such as The Southern Reviewand Tikkun and winning fellowships from PEN Center USA and The Center for Fiction. He was also recognized by Best American Essays and twice nominated for a Pushcart Prize. He is now writing a novel.
However, Lakhani could not ignore his impact as a tutor. “My students were seeing dramatic leaps in their scores,” he says. Soon he was receiving requests to help refine students’ college application essays, work that tapping into his writing experience. “I was helping them to excavate the most interesting stories from their experiences that were relevant,” he says. With referrals building up, he decided to go out on his own and in 2013, formed Lakhani Coaching in New York City.
“As I got busier, I became aware of my impact and had to keep raising my rates,” says Lakhani. “I had to ask myself, ‘How does it make sense to scale?’” Lakhani built up a roster of part-time tutors with elite test scores, who worked as contractors.
Hitting $1.6 million in revenue in 2018 as a solo entrepreneur, Lakhani hired his first full-time employee in December of that year. The business currently works with 70 students, mostly in person or by Skype. It currently includes an opera singer and a former social justice worker.
Today, at Lakhani Coaching, the father of three brings in more than $1 million a year in revenue, offering academic counseling, test prep and help with more intangible aspects of the student experience such as goal-setting, character development and motivation of students to pursue passions outside the classroom.
He now charges $1,000 an hour for his services but also offers help from his lead instructor for $550 an hour, a senior instructor for $375 an hour, and an associate instructor for $260 an hour. Aware that these rates are not affordable for many families, he added scholarship program two years ago and just awarded the second scholarship.
One of the most important elements of Lakhani Coaching’s program, he says, is character development. This aspect of the business was hard for me to visualize, so, to see what it looked like in action, I asked Lakhani to chat on speaker phone about it with my 15-year-old twins, who will be entering 10thgrade.
“Let’s imagine you are sitting around a dinner table with a limited number of seats,” he told them. “What will make you the most interesting contributor to that dinner table conversation? What do you add to the discussions that no one else can? That is how we start to understand character.”
As he went on to explain, college admissions officers care about students being involved in activities outside of school primarily to gain an understanding of what the students will contribute to an intellectual community.
He suggests students keep a journal to record their impressions of powerful experiences from their activities to mine for future college essays.
Since the college admissions scandals, at least half a dozen people have approached Lakhani to ask how to start their own education consulting business. “I worry about anyone entering the space because they think it is a good business, not because they want to be a great educator,” he says.
He believes education consulting should be a personal calling, as it is for him. “I loved being a camp counselor, and I love being an educator,” he says.
Lakhani is in a position where he could potentially scale considerably but is moving very carefully on that front, asking himself, “Do I want to have 1,000 students—and if I did, would it dilute the impact?”
“I think I could scale by five to 10 times what I am doing now and have the right people in place to maintain quality,” he says. “I don’t want to become a factory.”
For the moment, he says, “I’ve come to realize I have to have a finite number of people I can help. The more time you’re able to really invest in people and really make an impact, the more it comes through.”
Kendall SummerHawk, Tucson, Ariz.
After 13 years in healthcare IT, Kendall SummerHawk, now 59, decided to pursue a long-simmering passion: Helping women change their relationship with money as a money coach. “My whole purpose is to empower women to increase their earning power through entrepreneurship,” says SummerHawk, based in Tucson, Ariz. “I believe that as they make more money, they can solve a lot of the world’s problems.” SummerHawk points to research that shows that when women work, they invest 90% of their income into their families, while men invest 35%.
Drawing on what she’d learned about entrepreneurship from her mother, who owned a successful hairdressing business, and the professional knowledge she’d built in her technology career, SummerHawk went into business 18 years ago, simply aiming to replace her income, then in the $53,000 to $55,000 range. She focused on teaching women how to find their ideal clients and set prices in workshops she offered and getting an often brutal crash course. “My first year in business was torture,” she recalls. “I made $7,000.”
Realizing she needed to find out how to market herself more effectively, she took a teleclass on how to create an engaging business card and immersed herself in learning about marketing. As she learned more, she dove into tasks like building a robust email list and public speaking. As she reached more clients, she focused on helping clients package their services as entrepreneurs, setting prices and developing core sales skills. That helped her break into six-figure revenue.
“It was about showing up consistently, with great content,” she says. One tip that helped many of her women clients in building confidence around their pricing, she says, was encouraging them to state their desired fee, out loud, one hundred times a day, so it became as automatic as saying “Please pass the salt.”
Hovering in the six figures for several years, SummerHawk was determined to grow her business past that and set a goal in 2006: “I decided I wanted to be a million-dollar business owner,” she says. “You have to want it.” She started using that goal as a filter for making decisions: “I would say, ‘As a million-dollar business owner, how do I handle my email?’” she recalls. “’How do I handle getting paid by my clients?’ I started making lots of changes by seeing myself as a million-dollar business owner.”
Those changes included hiring someone to handle tasks that were draining her time, such as cleaning her house, doing her grocery shopping and running errands. She also changed her business model. After introducing one-on-one coaching, she’d been charging clients by the month but shifted to offering a more intensive, year-long program for $10,000, a fee that reflected the financial value she determined she was bringing them. Fifty clients from her mailing list, which then included less than 5,000 people, signed up. By 2007, she made the leap to seven figures and has brought in seven figures or multiple seven figures every year since then, she says.
Rather than trying to continually win brand new clients, SummerHawk focused on developing fresh offerings for existing customers. “I have an attitude of ‘A client for life,’” says Summerhawk.
In 2009, in response to the feedback she was getting, SummerHawk began certifying some of these clients as coaches in the methods she uses, so they could teach others to do what they were doing.
“I realized I couldn’t have the impact I wanted to have alone, even doing groups,” she says. “I believe in the ripple effect.”
For SummerHawk and the growing number of entrepreneurs breaking six and seven figures in very lean businesses, it will be interesting to see where those ripples lead. Very likely, as more solo entrepreneurs realize what’s possible, we’ll see a lot of exciting new case studies emerge.
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