The world has witnessed the unstoppable growth of Indian start-ups in the last few years. The new-age start-ups, spread across 56 diversified segments, have risen from 471 in the year 2016 to 72, 993 in 2022 till now. All firms in India, whether performing their operations on a small or large scale, have to follow certain guidelines set by the government. However, complying with such guidelines is a significant challenge for small as well as medium-sized start-Up businesses. Companies and firms that fail to comply with such laws have to suffer massive losses, and eventually, legal issues and penalties become a nightmare for the business owners.
Even when companies are familiar with legal requirements, they face difficulty in complying with legal rules as they lack the support of good legal hands. The struggle in coping up with legal requirements affects the growth of a business. A good number of filings and compliances are to be fulfilled every year. In addition to this, MSMEs have to deal with numerous licenses, acts, as well as registrations. In order to reduce the compliance burden and smoothen the legal journey, Enterslice, India’s most trusted Legal Advisory Firm, came into the game.
Enterslice Co-founder Narendra Kumar said, “Being a serial entrepreneur, I understand the problems businesses face during the initial phase. Handling legal complexities is not easy without the right support and guidance. 70% businesses get entangled in the legal matters and undergo huge losses. I established Enterslice with a motive to make the legal processes hassle-free and help more businesses handle legal issues with charm in an effortless manner. We are equipped with a team of 500+ legal advisors, CA/CS and industry Expert proving their proficiency in managing legal compliances every day.”
Narendra Kumar added, “At present, 70% of the company’s workforce is women. Neither we have planned, nor we have ever thought to achieve this diversity ratio. The ever-evolving work culture at Enterslice is perfectly suited to women. They have acquired 70% of positions in the organisation. Credit goes to their dedication, never-giving-up attitude, and consistent performance. Today, I’m proud to say that a major segment of the Enterslice profitability factor is an outcome of female workforce contribution in diverse fields. In the last few years, the entire trend has changed in the country and now women are trendsetters. The proven leadership capabilities of female workforce indicate a step up in the space of women empowerment.”
Till now, Enterslice has helped 20,000+ renowned Indian companies win their legal battle and reduce their regulatory compliance burden.
The government of India has initiated the Ease of Doing Business-Reducing Compliance Burden, a program to reduce the regulatory compliance burden on citizens as well as businesses. A reduction in regulatory compliance burden on emerging start-Up businesses and budding entrepreneurs has the potential to become a significant driving force for the country’s economic growth.
“We are trying to establish a more conducive environment for entrepreneurs. We are working on the same line and matching pace with the vision of government pertaining to reduction in burdensome compliances. Also, we are meeting the import-export compliance requirements of modern-day businesses and helping them scale up their operations beyond the geographical boundaries. From regulatory assistance to legal advisory and outsourcing, we are leaving no stone unturned in assisting businesses in joining the league of billion-dollar players.” Enterslice co-founder signed off after this statement.
Enterslice is India’s top consultancy firm that offers legal, business management, and accounting solutions, virtual CFO services, IPO Support services, BFSI Compliance and internal audit services in India. Currently, the organization is serving more than 3500+ International clients and is on a path of accomplishments on the global front.