How to Build an Accountancy Team in India

Hi everyone,

If you’ve also thought of building an accountancy offshore team in India, this newsletter is for you! 🚀

With nearly two decades of experience under my belt and countless “how I built my accountancy team in India” questions in my inbox, today, I'm kicking off a series to spill the beans - the good, the challenging, and the game-changing.

In the next 7 days, you’ll have all the insights about setting up and running your offshore accountancy team in India.

Day 1: Let's Talk Mindset

In the accountancy business, mindset matters most. It's about being proactive, adaptable, and strategic. A positive mindset is crucial for tackling challenges in offshoring and ensuring long-term success.

For me, it all started with third-party firms in 2005, but the costs climbed, and service nosedived. Pre-COVID, I pulled the plug and brought it back home. Post-COVID, hiring in the UK? Mission impossible.

No surrender. No third parties this time. We did it ourselves, armed with experience and a solid grasp of India's scene. Now, an office in Delhi, a 20-strong team, and a second office are on the horizon in six months.

All in all, here’s what you can learn from my experience:

1.      Strategic Shift Pays Off: Transitioning from third-party outsourcing to an in-house offshore team strategically enhanced our operations.

2.      Adaptability in Hiring: Post-COVID challenges in hiring prompted us to adapt our offshore strategy, emphasizing the need for flexibility.

3.      Leveraging Past Experience: Learning from previous outsourcing experiences, we successfully established our own company in India.

4.      Game-Changing Results: The operational success of our current team in Delhi underscores the significance of a well-executed offshore venture.

Curious about what's next?

Visit our website here or Book a call with me if you need help with your own offshoring journey.

Stay tuned for tomorrow's scoop: Steps to Establishing a Business in India.

Cheers to the offshore vibe! 🌐

Best,

Arun Mehra