The Semi-retired Life

A graduate of India’s Chaudhary Charan Singh Meerut University and England’s Middlesex School of Management, Ashu Bhandari achieved success in the manufacturing, hospitality, and high-end retail industries prior to his formal retirement in 2010. In the time since, he has slowly transitioned from a lifestyle of full-time employment to the more relaxed lifestyle of retirement. Nevertheless, he continues to share his vast wealth of business acumen, always on a pro bono basis, as the head of Ashu Bhandari Consulting. Two anecdotes are detailed below.

When Katherine Gibson, a certified public accountant, wanted to become part of BDO, the world’s fifth-largest network of public accounting firms, she turned to her client Ashu Bhandari. Founded in 1963, BDO was originally comprised of firms from Canada, the United States, Germany, the Netherlands, and the United Kingdom. It grew over time to comprise member firms operating from 1,118 offices in 135 countries. With his extensive business knowledge and contacts, Ashu Bhandari helped Gibson complete the affiliation.

Erika Kellerhals is a tax attorney who earned her LLM in taxation from New York University’s School of Law. When she decided open her own practice in 2011, she approached her friend Ashu Bhandari for advice and guidance on a range of topics, from staffing and cash flow to promotion and branding. Kellerhals, practice continues to thrive today.


Preparing for an African Safari

Ashu Bhandari, an experienced professional of the hospitality and retail industries, has operated his own consulting firm since 2011. When he is not providing consultancy services to his clients, Ashu Bhandari enjoys traveling the world. During his travels he has enjoyed African safaris in both Kenya and Tanzania.

African safaris allow travelers to observe a wide range of large, exotic animals living in their natural habitat. In order to maximize one’s experience on a safari there are a few steps that should be taken. The safari dress code is especially important to keep in mind. Layers may be needed during colder months, but generally an African safari will demand light and durable fabrics. Neutral colors, like tan and brown, are sometimes encouraged by safari guides. A strong pair of field shoes is another necessity, particularly if the safari includes a walk through the bush.

Every safari pack should include protection against the elements, including sun screen and bug spray. Individuals should also bring some kind of anti-inflammatory agent or a cream to combat itchiness in the event that they are bitten by an insect. Of course, certain items should be brought for entertainment purposes. A pair of binoculars can help a tourist get a better look at animals in the distance, while a camera can capture the experience forever.

Revenue-Building Tips for Cabinet Makers

Ashu Bhandari, a pro bono consultant, has helped Ismail Unerli to start and build his cabinet making company, AI Development. Ashu Bhandari has advised Mr. Unerli on client relations and business development as well as product-line diversification and other revenue-enhancing strategies.

For the independent cabinet maker, marketing to a diverse range of clients plays a key role in driving success. Many cabinet makers limit themselves to a certain niche, such as the private homeowner, but the most successful business owners understand the potential in connections with interior designers, architects, and even commercial entities with offices or storefronts. Collaborating with these professionals can also help the cabinet maker to determine the status of the local market and the potential for clients who can afford custom cabinets.

The cabinet maker must know not only who his or her customers may be but also how to reach them. Cabinet makers in other markets may be able to share marketing strategies, as may colleagues in related industries. These colleagues can also inform the cabinet maker of needs that clients in the area are looking to fill. By offering to meet these needs, which can range from achieving a popular look to adapting for family members with disabilities, a cabinet maker can target his or her services and effectively spread the word about the business.

Administrative Challenges for the New Solo Attorney

As an independent consultant, Ashu Bhandari helps entrepreneurs start their businesses. Ahsu Bhandari, who never charges for his services, supported Erika Kellerhals in the founding of Kellerhals Ferguson Fletcher Kroblin LLP.

When an attorney starts a new practice, he or she assumes many more responsibilities than the simple providence of high-quality legal services. The founder of a new practice becomes an administrator, and with that job comes hundreds of additional work hours per year in addition to the person’s practice of law. This includes staffing, accounting, and the development of a foundational business plan.

A new law practice’s business plan must include a delineation of expenses as well as an estimate of the number of necessary billable hours to generate revenue. This revenue generally comes after a thorough market analysis and the implementation plan for generating income. For most firms, income generation depends on many hours’ investment in marketing efforts. Marketing should focus on the firm’s intended area of focus, in which the firm founder should have an extremely thorough grounding. Recommendations are key to the growth of a new firm, so delivering results for clients plays the biggest part in driving early and continuing success.

Yacht Controller’s Wireless Remote Systems

In his free time, pro bono business consultant Ashu Bhandari enjoys traveling on his Jeanneau Prestige 46 Flybridge. Ashu Bhandari recently installed a wireless remote yacht controller, which he uses to steer and dock his boat.

Yacht Controller offers Dual Band and Fusion remotes, both of which enable an operator to direct movement of a boat through a device the size of a standard cellular phone. The Dual Band remote stands out for its ability to guide the boat’s entry into a slip and its tie-up, the first controller of its kind to offer both functions. The system provides full wireless control for each function.

The Dual Band system includes a waterproof transmitter and receiver as well as watertight gaskets and connections. Both the Dual Band and the new Fusion joystick-style remote utilize a dual-frequency transmission to eliminate the risk of other communications interrupting their signals. A total of 10 relays and five microprocessors provide reliable signaling, and user-friendly setup further enhances the appeal for the independent-minded yacht owner.

Buying a Small Business – Points to Consider

As a consultant, Ashu Bhandari has advised numerous clients in the purchase of local small businesses. Community minded, Ashu Bhandari offers these and all other consultancy services free of charge.

Before buying a small business, an investor should first understand the value inherent in the purchase. The buyer may be intending to operate the business, sell it, or liquidate its assets. Buyers who are planning to liquidate can more easily assess the value of the business’ physical assets, but those who would like to operate the business or sell it have a more difficult task at hand, as these buyers need to know how much revenue the company generates and if it turns a profit. Buyers who intend to operate the business should use this information to assess whether the purchase can provide them with acceptable compensation while also earning an additional profit.

Experts also suggest that buyers approach brokers or other professionals for advice. Outside consultants can help a buyer identify potential risk and advise on how to structure an arrangement to mitigate that risk. After performing additional due diligence, a buyer can approach the seller with proposed financing terms and purchase contingencies.

Services at INSIGHT Psychological Services

An accomplished executive now retired and serving as a part-time consultant, Ashu Bhandari performs all of his consulting work pro bono. One of the local businesses Ashu Bhandari has assisted is INSIGHT Psychological Services.

At INSIGHT Psychological Services, founder Dr. Lori Thompson and her staff offer a variety of mental health diagnostic and treatment services. The office provides individual, couples, and family therapies as well as group therapy for individuals of particular needs.

INSIGHT Psychological Services’ group therapy includes a stress management group for women, a six-week sleep disturbances program, and an eight-week parenting course based on the 1-2-3-Magic discipline system. For young people, the practice offers a social skills development group for children ages eight to 11 and a life skills group for youths of 12 to 14 years. Girls’ and boys’ groups are also available for older teenagers, while a substance-abuse support group helps adolescents with drug and alcohol challenges. In addition, families are welcome to take advantage of INSIGHT’s learning disability and ADHD testing as well as its social, emotional, and developmental assessments.