Anand Nataraj

Posts Tagged ‘cogzidel consultancy services’

It is going to be 2 years and it has been a great two years run. When i sat to prepare on my future plans or next milestone for the company; I realized I’ve been standing on the same foot for almost 10 years. Even with my previous company I started feeling about stagnation and I came our by that time. Now again I’m feeling stagnation and not sure about the Value as a company we are going to office. After much brainstorming i couldn’t think much. I think it is time to jump out of the comfort zone and take some chances and work on some cutting edge projects and slowly step into R & D. After making up my mind to step into next challenge and make life more exciting like how it was during 2002 & 2008 I’ve decided to work on raising funds.

In fact finance is one department which I haven’t explored and i want to try my hands on that too. So, we have decided to work on two types of fund raising;

• Raising capital through Private Equities…
• Raising through Crowd Funding.

It has been hardly a week since we have started and after starting it is like opening the pandora box. Every day i’m struck with something and I’ve to work on new tasks to facilitate the progress of core idea. I sleep every day without contention. I feel the day was half complete as i’m not done with my pursuit. But this is what making my life meaningful. I use to have the same feeling when i started my first company & with Cogzidel Consultancy Services. Today I’m happy with the progress of CCS & all those thought of half baked days are making today a contented day.

I’ve lots of personal lessons where perseverance has paid yields… For now i’m working on strategies for crowd funding and withing a week we are planning start our first pilot campaign…

If any of you have any knowledge or information about Crowd funding kindly ping me… I might need your help on it…

Hooray!! Cogzidel Consultancy Services has grown from a baby to adolescent kid which is on itz own within once year inception. Having started with a shared office a year back, we are moving to our own leased premise near Kodambakkam.  

Yes it is an 800 Sq Ft office which is on the centre of city with very good access to public transport. From now on we can accomplish a lot of goals and the first thing is my dream project of starting a incubation center where we can help startups by proving space and infrastructure when they are at bootstrapping stage.

Now it is time sit and draw proto type for interior design and interesting part of planning and budgeting.

Keep watching Cogzidel.in to be updated on our Bootstrapping & Business Incubations services.

I’m thrilled to have Reliance BigFlix as one of our client. I think this is one great moment in the books of CCS and kudos to Mr.Bala Murugan for his non-stop follow up and for striking the deal. Though this is a small deal we are thrilled for more than one reason. 

• BigFlix admin team Googled for “tax consultants” and got our link from Google Search.
• It is always nice to see your website site working for you.
• Then another excitement is working for a brand like Reliance.

Now I think we must be a part of their vendor list and would be glad to grow our business with them and try to win more orders with this credential.

Once again Nice Job Bala!!!!!

Where ever we talk about services offered by Cogzidel Consultancy Services (CCS) people get excited about list of services… Some people & well wishers also expressed their concern stating we are concentrating on too many services… For those kinds of people I’d first request you all to read this blog post http://www.anandnataraj.com/how-ccs-evolved… Now let me tell you the advantages of outsourcing to CCS;

• Saving cost by outsourcing non-core functions which are mandatory for functioning of business…
• Getting services from experienced professionals…
• Getting a professional outlook for your entity by complying with all compliances…
• Professional book-keeping where we have a copy of all your records and can avail in time of need…
• Saving the company paying fine and penalties which arises because of inexperience in support functions…

In short we provide Compliance Management & Business Process Management services and we provide single window service for all services which falls under CM and BPM parse… There are the types of services which we offer;

• Accounting Services (including Internal Audit)
• Payroll Processing
• Regn of company / society / trust / partnership firm
• Employee-friendly Tax planning
• Filing IT returns
• Obtaining PAN / TAN
• Statutory compliances – PF / ESI / Sales Tax / Service Tax / STPI etc
• Trademark / Patent Registration
• Business Incubation Services
• Bootstrapping

For more information about the services please feel free to visit http://www.cogzidel.in…

Cogzidel Consultancy Services (CCS) was born to help startups overcome the difficulties I personally faced as a startup… I still can remember the days where I was taken for granted by bankers, vendors and bureaucrats… First I was ignorant, second I looked stupid to them and I more importantly was small… I felt many times that I lacked proper mentoring and I didn’t have any bootstrappers to knock at their doors… Also those were the days where startups were not taken seriously… There are some incidents which pester me even today…

• My first company incorporation was a mess… My company secretary had some dummy company registered 5 years before and was not functional… When we approached him to incorporate our company he just changed the name of that company, instead of forming a new one… We were not informed of this and this lead to lots of complications… For any inspection by statutory bodies they demand all information starting from the day company was incorporated…
• Then after creating the company I ran to bank and my office for at least 50 times without exaggeration and this happened with a private bank, which was more irony… Even the entry level sales guy didn’t bother to come to office to collect all documents and verify documents from my office… They found something missing every time I resubmit the documents and I’ve to run back to office and bank to get a bank a/c…
• In my early days even vendors didn’t bother me much… I ordered for 10 PC’s one shot and made upfront payment… Vendor said he can’t deliver and asked me to take delivery… I was totally ignorant about competition in this space, because of my ignorance I was taken for a toss from that particular vendor…
• Then I was not aware of any bureaucratic obligations and statutory compliances to be done to the company… Every time I get caught by inspectors and then I comply with them by paying a penalty… I had to do this in spite of having an auditor… Auditor’s job is easy; customer ends up paying them even for their mistakes…
• Over a point we started growing more than 100% YoY on turnover, but our profits always remained less… We didn’t have proper account practices… Since we didn’t have account’s background we had to hire someone… Even they they lacked many information because of lack of experience… A company needs accounting reports to review their performance time on time… There are companies which have been closed because they failed to manage their accounts well… This is very important functions which is taken easily by many founders…
• Then we had a need to register with STPI to get income tax benefit… Our company secretary did this for us… He used our resource, manpower and also this being his first initiative he learned from this experience… I’m not worried about his experiment with us… But when he learns something using us and using our resource and manpower we expect some benefit out of it… He charged us an exorbitant sum as professional charges… I wonder many times if they are professional charges or charges for their unprofessionalism…
• Then there were employee issues… We didn’t do any tax planning for them, what ever their salary is we cut TDS and deposited in bank… When job market was so high, people started quitting company just for these benefits… Initially I thought they were quitting for silly reason, but when I hired a CFO and when he worked out and showed my the difference in my own salary, I felt how I was throwing away my hard earned salary and my employees salary…

All these are only some of the challenges I faces, I can keep listing more, but the point is when I see startups they also over come same challenges… There no use is overcoming touch cycles for all business… There are lots of business incubators, business mentors and bootstrappers… I personally started a company called CCS for bootstrapping startups and help them to in

• Company incorporation
• All post incorporation needs like opening bank account and many more…
• Managing accounts process and give them timely accounts reports to take que…
• Taking care of HR process other than recruitment…
• Managing statutory compliances…

For any information please send an email to info@cogzidel.in…