Real Estate is undoubtedly an industry prone to more financial risks, attention and of course more profit. But, this industry has its own pro and con factors involving in costs, variables and clientele interest, due to which it requires a little extra planning and careful analysis. Most of the activities in this business are time-consuming and require an effective operational control over the project execution.
For businesses pertaining to real estate, it is important that they invest in a strong real estate accounting team that helps them control cost, reduce expenses and improve service terms with the stakeholders and other clients.
Bikham Finance can help real estate businesses improvise control and therefore enhance operational efficiency through efficient and cost-effective accounting practices.
The restaurant and hospitality industry aims to enhance business by reducing costs, improving quality and customer satisfaction. Running a busy restaurant means you might not get time to manage things effectively. Managing staff, processing vendor payments, keeping the books and managing the inventory can take a toll on your mental and professional peace. Adding to the hassle are the daily operations and accounting responsibilities.
Bikham Finance can help you keep your books up to date and accounts immaculate. Our experienced and certified professional accountants understands your business requirements and provide solutions accordingly. Having a great experience in working with small and large hotel and restaurant business owners we offer the most profitable and cost-effective accounting and bookkeeping solutions.
Being the fastest growing and most happening sector, Retail and e-Commerce is also the most competitive segment in market. This competition drives merchants to have a consistently profitable approach of constantly monitoring the market trends. However, saying and actually doing are two different things. With increased business responsibilities and legal scrutiny, it becomes difficult to practice everything simultaneously with equal attention.
E-Commerce merchants may face challenges like managing the accounting, analyzing the business expenses, revenue and taking care of customer needs and satisfaction at the same time. All these responsibilities may take their time away from focusing on key areas.
Fortunately, Bikham Finance offers expert accounting and bookkeeping services to retail and e-commerce business holders that help them run business processes profitably.
The most sensitive and yet another prominent industry in the market is Healthcare. The industry has a vast scope and requires effective management especially in terms of administrative operations like accounting and bookkeeping. It is important to know that the modes of accounting in this industry segment change frequently. With a rise in operational costs, managing the cost and income balances properly is the only way to achieve profits.
Having zero scope of compromising with the quality of services, there is also no scope of compromising with the numbers. Healthcare Practitioners spend a huge portion of their daily time managing records and finances. Keeping a track of inventory is vital in this sector, or it may cost a life. Managing inventory of such businesses is challenging and that’s where we play our role, helping them keep accurate record of services and inventory in stock.
Bikham Finance assists healthcare providers maintain an adequate accounting system thereby reducing operational costs, increasing profits, saving time and optimizing business processes effortlessly.
The shipping and logistics industry serves as a lifeline to the trade market and the national economy as well. The transportation business faces routine challenges as the industry operates in conjunction with all types of businesses like manufacturing, retail, e-commerce, healthcare and tourism.
With a rise in fuel costs and capital expenditure, it has become important to focus in growth of business and emphasize on developing profitable business strategies. One such strategy for operational cost reduction is outsourcing. Bikham Finance caters to all business accounting and bookkeeping requirements and helps boost input costs and revenue through tailored solutions and improved operational efficiency.
Agriculture is one of the prime industries of the world. Growing crops, raising cattle, encompassing farms, dairies, hatcheries, logging wood, etc. is a lot more than it seems. It is important to maintain proper records of accounts for analysis, research and improvement of agricultural processes.
Agriculture is generally practiced by farmers who have no experience in the accounting domain. Bikham Finance is dedicated to assist farmers by helping them maintain adequate inputs and deal with the factors that affect their capital. We offer help in classifying accounts to ascertain crop costs, compare productivity and measure performance & effectiveness of related activities.
Our team at Bikham Finance helps alleviate challenges that arise out of resource and budget allocations.
The manufacturing segment takes over a large portion of industrial sector. Accounting for manufacturing sector involves inventory evaluation and costing of products and services. This is the complex part of manufacturing accounting. Keeping records of the raw material and sale numbers requires an adept accounting system in place.
Bikham Finance helps manufacturing businesses deal with the challenges in accounting, thereby allowing them more time to focus on growing client relations. Our team consists of experienced accounting professionals, who have their expertise in manufacturing accounting including cost accounting and inventory accounting.
