The business’s activity is driven by a verity of factors, some are external and some are internal, often hidden in a way that makes it difficult to identify independently and therefore requires a skilled profession in order to locate weaknesses in the business and to correct then by a long term plan as well as evaluating the activity at set periods of time while getting constant feedback about the results of improving the business activity. The purpose of counseling is to locate and reduce any uncertainties and risks in the daily routine of the business.
Business Consultancy Corporation is a very wide subject including financial advisory, strategic advisory, organizational advisory, business promotion, acquisition and sales advisory, profitability improvement etc. Each case requires specific attention according to the purpose of the consultancy based on the activity of the business and it is not comparable from business to business due to unique characteristics driving from each business. How do we know when to turn to Business Consultancy?
- When the business is in difficulties it is essential to turn to Business Consultancy in order to attempt to rehabilitate the business and to prevent any damages that may lead to a complete collapse.
- When the business does not maximize its abilities and potential hidden within, usually these are successful businesses but they are unable to increase their business and expand their client list and increase their profitability over time
- A business in a growing process, in order to maximize and efficiently apply the growth and to reduce to minimum elements that may harm the growing process of the business.
- A verity of additional issues that the management requires Business Consultancy in order to make the best decisions.
The first step in Business Consultancy is characterizing the business procedures, in this step the following factors must be diagnosed: the internal and external business factors, the employees, dealers, product market, competing brands, psychological motives etc. After understanding the entire business activity should be analyzed to identify the weaknesses, the strengths and to produce a summery report describing the weaknesses and opportunities for the business and to lay down a long term activity plan, designed to assist in achieving the business’s goals.
Afterwards in every period of time the layout should be examined to determine weather the business results and goals have been met or weather we should re-evaluate the detaining factors. In every defined period a business analysis is performed followed by a summery report presenting the business activity results for that period in order to compare it to previous reports and to examine future activity operations.
Often, this field is very complicated and requires the attention of several elements together in order to maximize the profitability of the business and to remove any blocks and to reduce uncertainty. By seeing things with a broad vision, understanding the business procedures, improving weaknesses and exploiting opportunities and thoroughly analyzing the business data, we believe your business can be improved and made efficient leading you to success.
The Yanai Amir accounting office will be glad to offer Business Consultancy and accompany your business to any goal.