The MSME sector is hailed as the backbone of the country's economy, comprising 6.3 million units and employing over 11 crores of the Indian population, accounting for more than 28 percent of the Indian GDP. However, the sector has been impacted by both the first and second waves, and the now the variant is wreaking havoc on their operations and worsening their pre-existing problems.

Over the last few years, working closely with clients, we have realized that several Indian companies have incredible quality products that are limited in a local market, ahead of its time or better suited for an overseas market.

MARC’s robust portfolio has led the company to receive rewards, recognition and acknowledgements across the country. Their research concepts make it easy for clients to gauge Profitability & ROI, before commencing any business

MARC helps the small and medium scale businesses to start well, prosper and grow. Believing that every business is unique and has the capability to be the best.

After almost two years of grim tidings, the hospitality sector is grooving back to its pre-pandemic days. Festival fervour is helping businesses get back to profit levels of the times before covid.

Dipping occupancy and ARR levels post-pandemic saw many standalone hotels in Goa down their shutters. What does this bode for the state’s hospitality sector?

If you thought Internationalisation was only the act of exporting, that’s akin to saying Marketing and Sales are the same things. Exports are a part of internationalization, not the other way round.

While we keep mourning the tragic demise of the tourism industry due to the pandemic, we miss the unique characteristics displayed by the Indian traveler.

Scaling a business proves to be a lot harder than starting one. Ashutosh Kharangate shares his key learnings on the 4 important aspects you need to analyse in order to scale your business to new heights.

Ashutosh Kharangate, Founder and MD of MARC was quoted among the top 35 Indian Startup Entrepreneurs. Get an insight into the memorable journeys of these entrepreneurs in the country.

A former CA, now one of India’s leading business advisor has lead to the success over 300 MSMEs across the country. Ashutosh shares insights on the vitality of research and analytics for entrepreneurs at every scale of their business.

It is evident that a few enterprises which took their business online thrived during the first wave and some in the second, but will they be able to survive during the third wave? A few lessons to be learnt to ensure business survival is a must.

The hospitality and tourism industry in India have recently begun to flourish again thanks to the influx of domestic tourists and their contribution to the industry’s revival. Ashutosh Kharangate sheds light on a few models which can be adopted to boost the industry further.

It’s been over a year where people have be stuck at home and their passion for travel has been under house-arrest. With lockdowns lifted and vaccination drives taking place. There is a sudden urge to travel. Assuring tourist safety is key and using modern day advertising mediums is the way ahead.

With the pandemic affecting multiple industries and business across the globe. Financial advisors have proven to be the saving grace for SMEs. Their valuable Market, Industry and Performance Analysis have proven to salvage the situation.

The coastal state of Goa has been a popular tourist hotspot. Luxury housing grew with the rise in demand over the last few decades. However, the ongoing pandemic has taken a huge toll on the real estate industry in Goa.

Being prudent in leveraging your finance while planning your business venture is crucial. There are a few key aspects you need to keep in mind before arranging for funds and drafting a proposal to the bank.

The possibilities to improve the hospitality sector in Goa to enhance tourist experiences is endless. Ashutosh Kharangate talks about the little tweaks in the industry that can boost revenue in the state of Goa.

If you plan on starting a business of your own, it is vital to take into account all the factors which can affect your venture’s growth. A comprehensive market research and feasibility study is the key to your business growth.

Starting one of Goa’s very first Due Diligence and Advisory Firm was not an easy task. However, the challenges and obstacles ahead were no match for Ashutosh Kharangate. MARC has grown tremendously, with over 250 satisfied clients.

An inspiring journey of Ashutosh Kharangate who made a bold move to follow his passion and change his profession. His sheer determination and perseverance for over the last decade led him to become an entrepreneur of a successful due diligence business in the coastal state of Goa.

Progressing at a fast pace, the company has served more than 200 SMEs across the country, offering project reports/ business plans and outsourced CFO services. MARCs clientele envelops several leading and reputed names including the Government of Goa, Goa Electronics Limited, Planet Holywood, Vikings Venture, Payatu, Monginis, Magsons, Alcon Group, Optel Vision Inc, Astra Group of Companies and well-known five-star hotel brands.

The Goan economy is dependent on the tourism and hospitality industry after the shutdown of the mining industry. The coronavirus scare has affected tourism in Goa with crowds at its famed beaches thinning and hotels reporting cancellations. Although Goa is an all-year-round tourist destination the state’s ’peak tourist arrival is during a particular period and usually starts from December and lasts till early April. However, in recent times owing to the MICE segment and FIT traveler Goa has been receiving a critical part of its tourists in the peak summer and monsoon seasons.

It has been put out thoughtfully keeping in mind the lower middle class. The announcements such as no tax on the notional rent for the second self-occupied house and increasing the TDS limit on the interest income from Rs10,000 to Rs40,000 per annum will help in generating income for the poorer section.

We have learned our traits in a small market like Goa. Not a lot of data is available. Hence our work gets challenging. This has made us develop scientific tools for data capture. We also bend our backs to obtain data from primary sources. Hence our findings and submissions vs actual results have minimum variations. Having been associated with a Big 4 also ensures the quality of the deliverable is top-notch. The team has been trained to deliver high-quality products at an affordable price. We also are very flexible and develop deliverables as per the client’s specific needs.

MARC works with several international consultants and executes niche financial projects. Recently the company has entered into an MOU with a Portugual based giant, which is well established in other parts of Europe, Africa, and South America. This alliance would help Indian companies to represent themselves at an international platform.

Understand the nature of your consumers and their capacity to pay. There is a difference between being rich and the capacity to pay. It may not be necessary that cities that offer good standards of living are home to a population that is willing to pay.

The paperwork before taking a call on starting a new business is the first hurdle to be crossed by a prospective entrepreneur, says Ashutosh Kharangate. Once the decision has been made to start a business, the most important task is to have serious understanding of various licenses, registrations, permits, approvals, concerts, NOCs, etc., required for starting.

Many times businessmen wait till the end of the year to realize that the net profit which they expected to generate has not really happened. Frankly, they are keener to have their financial statements ready for tax requirements. However, when they glance at the statement either they are surprised or shocked.

Many times businessmen wait till the end of the year to realize that the net profit which they expected to generate has not really happened. Frankly, they are keener to have their financial statements ready for tax requirements. However, when they glance at the statement either they are surprised or shocked.