Financial systems
Chart of accounts, month-end close, reporting formats, approval limits and the flow of documents between sales, purchase, stores and accounts.
Management Consultancy Services in Kochi, Kerala
T K Chandy & Associates provides management consultancy in Kochi for SMEs, family businesses, start-ups and NGOs. Our chartered accountants design financial, costing and internal control systems, prepare accounting manuals and feasibility studies, advise on business restructuring, family business structuring and succession, cost reduction, and guide MSMEs on government schemes.
- Led by a chartered accountant since 1994
- Member of SGA World International
- Kakkanad, Kochi
At a glance
Management consultancy at a glance
- Who it suits: Owner-managed SMEs, family businesses, start-ups and NGOs in Kochi and Kerala facing growth, a new project, a restructuring or a change of generation.
- What we do: Systems design (financial, costing, internal control, accounting manuals), feasibility studies, restructuring, succession planning, cost reduction and MSME scheme guidance.
- How we work: A defined project with a written scope, a diagnostic, practical recommendations and help with putting them in place, not just a report.
- Why a CA firm: Advice that already accounts for tax, company law, GST and audit consequences, from a firm that knows how Kerala businesses actually operate.
Most businesses do not need a large consulting team. They need someone who understands their numbers to look at one problem properly: why margins are falling, whether a new unit will pay back, how to bring three family members into the business without conflict, or why the accounts team cannot close the month on time.
Management consultancy at T K Chandy & Associates is built on that kind of focused, practical work. Our chartered accountants in Kakkanad design and introduce financial, costing and internal control systems, write accounting manuals, prepare feasibility studies, advise on business restructuring and family business succession, run cost reduction reviews and help MSMEs use the government schemes they are entitled to. Because the same firm advises on corporate tax, company law and valuation, our recommendations come with their tax and legal consequences already worked out.
Business consultants in Kochi
Who Do We Advise?
We work with businesses and organisations across Ernakulam and Kerala:
- Family-owned businesses in trading, manufacturing, plantations, hospitality and real estate
- Growing SMEs that have outgrown informal systems and controls
- Start-ups and new projects that need a feasibility study before investment or a loan
- MSMEs looking for credit guarantee, subsidy or registration support
- NGOs, trusts and institutions that need financial manuals and internal controls
- NRI promoters setting up or restructuring businesses in Kerala
What we do
What Does Our Management Consultancy Cover?
Costing systems
Product, job, project or service costing that shows the real cost and margin of what you sell, with overhead allocation that managers understand.
Internal control systems
Risk-based controls over cash, purchases, inventory, payroll and sales, documented as a control matrix your team and auditors can follow.
Accounting manuals
Written policies and procedures for accounting, expenses, fixed assets and inventory, so work stays consistent when staff change.
Feasibility studies
Market, technical and financial assessment of a new project or expansion, with projections, break-even, payback and sensitivity analysis.
Business restructuring
Conversions, demergers, holding structures and group simplification, with the tax, stamp duty and company law effects mapped out.
Family business and succession
Ownership and management structures, a family charter, roles for the next generation and a succession plan worked out with your legal advisers.
Cost reduction
Spend analysis, vendor and contract review, process waste and pricing review, with a savings plan and tracking.
MSME schemes guidance
Udyam registration, credit guarantee cover, subsidy and incentive schemes, delayed payment remedies and the documentation each requires.
MSME classification
Is Your Business a Micro, Small or Medium Enterprise?
MSME status decides which schemes and protections you can use. From 1 April 2025, enterprises are classified on both investment in plant and machinery or equipment and turnover:
Micro
- Investment up to
- ₹2.5 crore
- Turnover up to
- ₹10 crore
Small
- Investment up to
- ₹25 crore
- Turnover up to
- ₹100 crore
Medium
- Investment up to
- ₹125 crore
- Turnover up to
- ₹500 crore
Registration is online through the Udyam portal of the Ministry of MSME. Classification is based on the data in your income tax and GST records, so those filings need to be accurate.
MSME schemes
Which MSME Schemes Can Help Your Business?
Kerala has a large MSME sector, yet many enterprises do not use the support available to them. We help you identify and apply for what fits:
- Udyam registration: the starting point for most MSME benefits, including priority sector lending and delayed-payment protection.
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE): guarantee cover on collateral-free loans from eligible lenders, with the maximum cover raised to ₹10 crore per borrower from 1 April 2025.
- Delayed payment protection: under the MSMED Act, 2006, buyers must pay micro and small suppliers within the agreed period, not exceeding 45 days, or pay interest; unpaid amounts can be taken to the MSME Samadhaan portal. Buyers also lose the income tax deduction for such dues until they are actually paid.
- Central and Kerala government schemes: credit-linked subsidy schemes such as PMEGP, and Kerala clearances through the K-SWIFT single-window portal.
Scheme terms change often, so we check the current guidelines on the official portal before you apply. For loan applications, see our project reports and CMA service.
Our process
How Does a Consultancy Assignment Work?
Step01
Initial discussion
We understand the problem, the decision you need to make and the timeline, and tell you honestly whether we are the right firm for it.
Step02
Scope and proposal
A written scope with deliverables, timeline and a fixed fee, so you know exactly what you will receive.
Step03
Diagnostic
We study your accounts, processes and documents, interview key people and visit your premises where needed.
Step04
Options and recommendations
A clear report with options, numbers, risks and our recommendation, discussed with you before it is finalised.
Step05
Implementation support
We help introduce the new system, manual or structure, train your team and work with your lawyers, bankers or IT vendors.
Step06
Follow-up review
A review after a few months to check the change is working and adjust where needed.
Getting started
What Information Should You Prepare?
Depending on the assignment, we usually start with:
- Audited accounts for the last three years
- Current year management accounts
- Organisation chart and key roles
- Existing policies and procedures
- Product or service list with prices
- Cost and production records
- Shareholding or partnership deeds
- Family ownership details and wishes
- Project concept, quotations and site details
- Loan sanction letters and bank terms
- Udyam and GST registration details
- Major customer and supplier contracts
Worked example
Example: Restructuring and Succession for a Kerala Family Business
A second-generation family business in Ernakulam ran a hardware distribution firm and a small manufacturing unit, both as partnership firms, with three siblings as partners and their children starting to join.
- Our diagnostic found no costing for the manufacturing unit, informal inter-firm transfers and no agreed rules on drawings or roles.
- We designed a costing system and an accounting manual for both entities, and set approval limits for purchases and payments.
- We modelled the options for converting the firms into a company structure, with the tax, stamp duty and compliance consequences of each.
- With the family's lawyer, we helped draft a family charter covering ownership, roles for the next generation and a process for exits.
The family chose a phased conversion, the manufacturing unit stopped two loss-making product lines identified by the costing, and month-end reporting moved from annual to monthly.
Fees and timing
How Much Does Management Consultancy Cost in Kochi?
Each assignment is priced separately. The fee depends on the type and scope of the work, the size and number of entities, the condition of your records, the number of locations to visit, whether implementation support is included and the timeline. We agree a fixed fee in writing after the initial discussion and a review of your documents.
A focused assignment such as an accounting manual or cost review usually takes four to eight weeks. Restructuring and succession work runs longer because it depends on family decisions, legal documentation and approvals.
Restructuring options
What Restructuring Options Are Available?
- Partnership or proprietorship to LLP or company
- To limit liability, bring in investors or prepare for succession and bank funding
- Merger or amalgamation
- To combine group entities; a fast-track route under section 233 is available for small companies and start-ups
- Demerger or business transfer
- To separate a division for sale, a joint venture or different family branches
- Holding company structure
- To hold family investments and operating businesses under one owner entity
- Capital reduction or buy-back
- To return surplus funds or change the shareholding of a company
Why T K Chandy & Associates
Why Choose Us for Management Consultancy in Kochi?
Experienced CA leadership
Assignments led by experienced chartered accountants, with T K Chandy Vaidyan in practice since 1994.
Tax and law built in
Recommendations that account for income tax, GST, stamp duty and company law, not just the business case.
Practical implementation
We help introduce the systems and structures we recommend and train the people who will use them.
Local understanding
Familiarity with Kerala family businesses, local banks and the way MSMEs in Ernakulam operate.
Confidential advice
Sensitive family and business matters handled discreetly under ICAI confidentiality rules.
Cross-border reach
For NRI promoters and Gulf or UK links, coordination with independent associate firms through SGA World International.
Related services
Which Services Complement Our Consultancy?
Virtual CFO
Ongoing budgeting, forecasting and reporting after the systems are in place.
Project reports & CMA
Bank loan project reports and CMA data built on your feasibility study.
Business valuation
Valuations for restructuring, succession, buy-outs and share transfers.
Company & LLP registration
New entities and conversions arising from a restructuring.
Internal audit
Independent testing of the controls we help you design.
IT & systems audit
ERP selection and review when new systems need software support.
Talk to a CA
Discuss your business challenge
Tell us about your business and the problem or decision in front of you. We will suggest a scope, timeline and fixed fee after an initial discussion.
Prefer to talk now? Call +91 484 354 1530 or email [email protected].
Who prepared this page
Written and reviewed by chartered accountants at T K Chandy & Associates
This page is prepared by the audit and tax team at our Kakkanad, Kochi office and checked against the Companies Act, the Income-tax Act, GST law and ICAI standards. It is reviewed whenever the rules change.
- Last reviewed 29 October 2026
- Led by T K Chandy Vaidyan, chartered accountant since 1994
- Member of SGA World International
Have a question about your business?
Tell us your entity type, what you need and any deadline. A chartered accountant will reply.
Ask an expertFrequently asked questions
Management consultancy in Kochi – frequently asked questions
Short answers to the questions clients in Kochi ask us most. Still unsure?
Talk to our team01.What does a management consultant do for a small business?
A management consultant studies a specific problem, such as falling margins, weak controls, a new project or a family transition, and recommends practical changes. A CA firm also works out the tax, accounting and legal effects of those changes and helps put them in place.
02.Why choose a chartered accountant firm for management consultancy?
Chartered accountants understand your financial statements, tax position and compliance obligations, so their advice on systems, costing, restructuring and succession is grounded in your actual numbers and legal requirements.
03.What is an accounting manual and does my business need one?
An accounting manual sets out your accounting policies, approval limits and procedures for recording transactions. It is useful for any business with more than a few accounts staff, multiple locations or plans for audit, funding or due diligence.
04.What is included in a feasibility study?
A feasibility study covers market demand, technical requirements, project cost, means of finance, projected profit and cash flow, break-even, payback and risks, so you and your bank can decide whether to proceed.
05.How can a family business plan succession?
Succession planning involves agreeing who will own and who will manage the business, documenting roles and exit rules in a family charter, choosing a suitable legal structure and planning the tax-efficient transfer of ownership with your legal advisers.
06.Should I convert my partnership firm into an LLP or company?
It depends on liability, funding plans, succession, compliance cost and tax. We compare the options for your situation, including the conditions for tax-neutral conversion and the ongoing compliance of each structure.
07.What are the MSME limits from 1 April 2025?
Micro enterprises have investment up to ₹2.5 crore and turnover up to ₹10 crore; small enterprises up to ₹25 crore and ₹100 crore; medium enterprises up to ₹125 crore and ₹500 crore.
08.How do I register as an MSME?
Registration is done online on the Ministry of MSME's Udyam Registration portal using the Aadhaar of the proprietor, partner or authorised signatory and the enterprise's PAN. There is no government fee for registration.
09.What is the CGTMSE limit now?
From 1 April 2025, the maximum guarantee cover under the CGTMSE scheme is ₹10 crore per borrower for eligible micro and small enterprise loans, up from ₹5 crore.
10.What can an MSME do if a buyer delays payment?
Under the MSMED Act, micro and small suppliers must be paid within the agreed period, not exceeding 45 days, failing which the buyer owes compound interest. The supplier can file a case on the MSME Samadhaan portal for reference to the facilitation council.
11.How can a cost reduction review help?
A cost review analyses spending by category, vendor and process, compares it with what the business actually needs, and identifies savings in purchasing, overheads, wastage and pricing, with a plan to track the savings.
12.Do you help with internal control systems for NGOs?
Yes. We design financial manuals, approval limits, fund-wise accounting and controls over cash and grants for NGOs, trusts and societies, which also helps with donor audits and reporting.
13.How long does a management consultancy assignment take?
Focused assignments such as an accounting manual, costing system or cost review usually take four to eight weeks. Restructuring and succession assignments take longer, depending on family decisions and legal approvals.
References:Ministry of MSME · PIB – revised MSME classification limits · Udyam Registration portal · CGTMSE · MSME Samadhaan · Companies Act 2013 (India Code) — reviewed 29 October 2026