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Shifting Gears: Why Promoter-Led Businesses are Turning to Credible Advisors for Growth
Shifting Gears: Why Promoter-Led Businesses are Turning to Credible Advisors for Growth

Business Standard

time02-07-2025

  • Business
  • Business Standard

Shifting Gears: Why Promoter-Led Businesses are Turning to Credible Advisors for Growth

VMPL Mumbai (Maharashtra) [India], July 2: Traditionally built on entrepreneurial instinct, agility, and deep market understanding, promoter-driven businesses are now grappling with increasing complexities. Rapidly evolving customer expectations demand highly responsive supply chains. As these businesses scale, the promoter's time becomes a bottleneck, with critical processes across departments still hinging on their approval--even for the smallest decisions. Add to this the growing challenges of regulatory compliance, quality assurance, corporate governance, talent management, digital transformation, and succession planning, and it becomes clear that their traditional operating model becomes a significant strain. Recognizing this critical need for structural evolution, EverFlourish Advisors, a boutique business advisory firm, co-founded by Arvind Rana, Sachin Jain and Ramnish Gaikwad, emerged as a trusted growth partner for many SMEs and family-led businesses in sectors like pharma, automobiles, metals, energy, apparel, electricals, infrastructure, sustainability, technology, environment, to name a few. The company's consistent efforts scaled-up these businesses multi-fold without compromising their core values and identity. "Engaging with an advisory firm is no longer a luxury or a reactive solution post-crisis. It is a strategic necessity for businesses looking to navigate the complexities of scale, succession, and sustainability. Promoter-led companies must now transition from informal, instinct-driven operations to professionalized structures with clear systems, while still preserving the unique values that have driven their early success. The founding team - comprising myself, Sachin Jain and Ramnish Gaikwad, having almost two-decades of advising some of the most respected Indian and global corporations, recognized a critical gap in India's promoter-led businesses, which form the backbone of the economy. These businesses were often being under-served through conventional advisory models. This pattern was desperately required to be changed now", says Arvind Rana - one of the Co-founder. Sachin Jain, another co-founder says, "EverFlourish is known for its hands-on, execution-focused advisory model, that aligns closely with a promoter's long-term vision. Unlike conventional consulting approaches that rely on templated frameworks, EverFlourish offers tailored strategic solutions rooted in deep business understanding and cultural sensitivity". "This segment comes with its own set of demands. Promoter-led businesses want quick, tangible results and have little appetite for jargon-heavy reports or abstract frameworks. They are also reluctant to work with multiple advisors. EverFlourish's ability to deliver 360 degree transformation across departments resulting in fast, quantifiable outcomes through simple, practical solutions has made it the partner of choice for this dynamic segment", Sachin Jain continued. "We believe the only true yardstick of strategy is the impact it creates. Our track record speaks for itself--with clients achieving 30-50% reductions in working capital, over 30% sales growth, and more than 50% improvements in production output. That's the kind of transformation we take pride in delivering", says Ramnish Gaikwad, another co-founder. "Result-oriented consulting interventions can help such firms break through that stagnation. Promoters are visionaries, and vision must be aligned with execution. At EverFlourish, we don't just advise; we walk alongside our clients, helping them navigate the transition from founder-led to future-ready", Ramnish Gaikwad concluded. With a distinctive consulting model grounded in deep sectoral expertise, cultural empathy, and executional excellence, EverFlourish Advisors is redefining what business transformation looks like for India's most dynamic and entrepreneurial organizations. As India positions itself to become a $5 trillion economy, the country's 65 million MSMEs and promoter-driven businesses will serve as critical engines of growth. However, their continued relevance will depend on their ability to modernize operationally, structurally, and technologically. EverFlourish Advisors is positioned at the heart of this transformation journey--equipping businesses with the frameworks, tools, and strategic insight needed to thrive in the new economic order. (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)

SMC officials face heat over rampant illegal constructions in Surat
SMC officials face heat over rampant illegal constructions in Surat

Time of India

time05-05-2025

  • Politics
  • Time of India

SMC officials face heat over rampant illegal constructions in Surat

SURAT : After a crackdown on individuals extorting money by threatening to expose unauthorised constructions, the focus has now shifted to Surat Municipal Corporation (SMC) officials for allegedly turning a blind eye to rampant illegal construction across the city. The issue came to light during a city coordination meeting on Saturday, where BJP MLA Arvind Rana submitted a written complaint in the presence of municipal commissioner Shalini Agarwal and other city MLAs. He alleged large-scale corruption and unchecked unauthorised construction in residential, commercial, and private buildings. According to Rana, despite several demolitions, illegal floors were reconstructed in many buildings, indicating a nexus between corrupt officials and developers. "These activities are taking place under the watch of SMC staff. Such large-scale unauthorised construction is impossible without the involvement of the town planning department," he stated. In his letter, Rana also highlighted how some individuals were misusing Right to Information (RTI) data to threaten property owners, demanding money to avoid demolition. "Those extorting developers using RTI-based threats have already been booked, and others are in hiding. But what about the SMC officials who allowed this illegal work to happen in the first place?" Rana asked. Municipal commissioner Agarwal was reportedly surprised by the scale of the issue and immediately instructed senior officials to identify those responsible. She assigned deputy municipal commissioner Manish Doctor to investigate the matter and take appropriate action. As part of the response, it was decided that a committee comprising IAS officers from the SMC will be formed to draft a Standard Operating Procedure (SOP) aimed at curbing illegal construction and fixing official accountability. Rana demanded that SMC staff involved in such activities be issued notices and face strict disciplinary action, including suspension or dismissal. Earlier, following Rana's push, city police had registered 77 FIRs against individuals who were allegedly running newspapers and using RTI findings to extort money from developers.

SMC officials face heat over rampant illegal constructions in Surat
SMC officials face heat over rampant illegal constructions in Surat

Time of India

time04-05-2025

  • Politics
  • Time of India

SMC officials face heat over rampant illegal constructions in Surat

Surat: After a crackdown on individuals extorting money by threatening to expose unauthorised constructions, the focus has now shifted to Surat Municipal Corporation (SMC) officials for allegedly turning a blind eye to rampant illegal construction across the city. The issue came to light during a city coordination meeting on Saturday, where BJP MLA Arvind Rana submitted a written complaint in the presence of municipal commissioner Shalini Agarwal and other city MLAs. He alleged large-scale corruption and unchecked unauthorised construction in residential, commercial, and private buildings. According to Rana, despite several demolitions, illegal floors were reconstructed in many buildings, indicating a nexus between corrupt officials and developers. "These activities are taking place under the watch of SMC staff. Such large-scale unauthorised construction is impossible without the involvement of the town planning department," he stated. In his letter, Rana also highlighted how some individuals were misusing Right to Information (RTI) data to threaten property owners, demanding money to avoid demolition. "Those extorting developers using RTI-based threats have already been booked, and others are in hiding. But what about the SMC officials who allowed this illegal work to happen in the first place?" Rana asked. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Click Here - This Might Save You From Losing Money Expertinspector Click Here Undo Municipal commissioner Agarwal was reportedly surprised by the scale of the issue and immediately instructed senior officials to identify those responsible. She assigned deputy municipal commissioner Manish Doctor to investigate the matter and take appropriate action. As part of the response, it was decided that a committee comprising IAS officers from the SMC will be formed to draft a Standard Operating Procedure (SOP) aimed at curbing illegal construction and fixing official accountability. Rana demanded that SMC staff involved in such activities be issued notices and face strict disciplinary action, including suspension or dismissal. Earlier, following Rana's push, city police had registered 77 FIRs against individuals who were allegedly running newspapers and using RTI findings to extort money from developers.

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