Corporate Digest Magazine- December/2017 corporate digest December 2017 | Page 3

Editorial Economy witnesses many turns!! But the challenge is that how corporate India will survive and grow. It is imperative to adopt new strategies every now and then…. The Economic downturn is now a reality. With financial markets in turmoil and a daily stream of bad news, from falling Profitability to company failures, the consensus view is now that we are in for an extended period of economic pain that have a profound impact on both consumers and corporate. Survival, Repositioning and re-engineering strategies are the best. Companies should not forget their competitors and should not rely completely on the old methodologies to do things. If we talk about repositioning we should consider product, market & marketing!!!If we consider re-engineering then we must focus on Mergers and acquisitions. Risks and entrepreneurship go hand in hand. No business owner should just believe it and be passive. Of course risks should be mitigated or at least be reduced. Prashant Kumar Editor Let me clarify that risk is not always bad for business and its owner. Entrepreneurs should take calculated risk. Business valuation is still a mystery. "You can't really challenge the worth of a business," or "Every business is so unique that no one could ever put a justified value on it," Both of these statements show the fact that professional valuators have put decades to perform accurate business valuations but still they find its not a dart game. Few analysts understand that financial modelling nothing but workings on excel spread sheet. Partially true! Financial modelling is of building a Model which represents real world financial situation. This is a mathematical model. It is designed to represent the expected performance of a business or project or business portfolio. The concept of Producer Company in India was introduced to allow cooperatives to function as a corporate entity under the Ministry of Corporate Affairs. The Companies Act defines Producer as any person engaged in any activity connected with or relatable to any primary produce (Produce: “things that have been produced or grown, especially by farming”). You will read all the above with much interest in December issue of the digest… Happy Reading... www.Venture-Care.com/Magazine December 2017 3