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Contact Info

6, F3, Lashimi 1st Cross Street, Srinivasa Nagar, Peerkankaranai, Chennai – 600063.

+91 98414 04495

rizwana@innovixconsultancy.in

Frequently Asked Questions

How do I set up my business accounts?

We offer assistance in setting up your business accounts, including bank accounts, accounting software, and chart of accounts tailored to your industry.

What taxes do I need to pay as a startup?

Our experts provide guidance on applicable taxes, including income tax, sales tax, and payroll taxes, ensuring compliance and minimizing tax liabilities.

How can I manage my cash flow effectively?

We offer cash flow management services, including budgeting, forecasting, and invoice tracking, to help you maintain financial stability and plan for growth.

What financial reports do I need to track for my startup?

We assist in generating financial reports such as income statements, balance sheets, and cash flow statements, providing valuable insights into your business’s financial health.

How can I secure funding for my startup?

We offer guidance on various funding options, including loans, grants, and equity financing, helping you access the capital needed to fuel your business growth.

What records do I need to keep for tax purposes?

We provide advice on record-keeping best practices and assist in maintaining organized financial records to simplify tax preparation and compliance.

What are the benefits of outsourcing accounting and finance tasks?

Outsourcing accounting and finance tasks to our team frees up your time to focus on core business activities while ensuring accuracy, compliance, and cost-effectiveness.