services. study and management of expansion plans. enlarging the expectancies

Our collaboration with the client's business lies on the application of a series of procedures which, all together, create a management system. The purpose is to establish a very simple, efficient and rigorous vision of the company or business project based on its particular characteristics. At this point we consider of the utmost importance the definition of the essential particular concepts which characterise the business project no  matter if it already exists or it is an idea still to develop. The table shows the stages to follow in order to success in the development of a new business idea.  The process has the same basic premises. However the development varies depending on the stage where the business is at the moment of study.

In the first stage all the available information regarding to the proposed plan of expansion is collected no matter the degree of definition it has already achieved.  During this period it is very important to get to know what is the starting point, the knowledge and definition of the intended business, the environment in which it has to be developed, the potential costumers, financial support, and any other subject that might influence the creation of a new business. These might vary from one project to another depending on their particular natures.

We must create an initial and final scenarios and design the way to follow from both to create a solid and efficient business. 

Essentially, this process is very similar to the former one. However it differs only but importantly in the fact that an existing business is conditioned by the events already generated by the its own established activity both in negative and positive aspects. The required information can be the same in some cases but it might be more difficult to clarify since an existing business in a production stage has more factors to have in mind.

In any case the final result has to be the creation of the right path to follow in order to keep an efficient and profitable business running.

The market study is the tool used in order to know the potential customers and how the business can reach them. It is about to create a link between the business and the costumers so their characteristics, needs and preferences must be perfectly known before creating a service for an intended public. In this case it must be asceirtain wheter the matket is ready to take in a broader offer or not. Otherwise there is a high risk of failure because of the disconnection between the market and the provided service.

It is much easier to adapt a business to the market that the other way around. This is, it is not probable that the market adapts itself to a particular business. It will all depend on what is on offer. For this reason it is so important to know which is the ,market we want to serve, by means of a market study. Once this fact known it is possible to study whether the product / service in offer might success in a particular market or not by means of a feasibility study. If so, a establishment study will determine the capacity of the product / service, its price, and all the factors regarding to commercialisation in order to get profit.

Once the named procedures have been completed, we are ready to state the more appropriate legal form for the development of the business. In order to do so, several factors will be had in mind, such as scale, number of partners, geographical situation to name some. While caryying out an expansion plan, it might be probable a change in the legal form of the business which suits better its new volume. 

The management of a business, no matter its size, involves a process of decision making. This is why it is very important to have the right information, the one that provides the real and updated situation of our client's business. This is why it is very important to know how to deal with the information generated by the business, how to process and storage it and more importantly, how can it contribute to the good management of the business. This fact is critical while facing an expansion process. At this stage the information changes significantly in volume and if it is not controlled to start, it will be very difficult to get it right later. If the information is not controlled, the business is not efficiently managed.

For this reason the business has to follow the right procedures which have to be methodical in their form, rigorous in time and easy to understand.

This is considered the most crucial stage of the business development. The global study of the business results in the issue of a series of conclusions which will state the adequate management procedures in order to get the right development of the business project during its whole life this is, not only today when it is born but also in the future. An erroneous approach to the project will lead to a wrong business planning. So it is very important to get the right conclusions in order to success in the business development.

Once the conclusions have been presented, we will carry out an analysis process where the conclusions are compared with the actual situation. This procedure permits us to appreciate how far is the existing business from the situation where it should be and how to achieve the objective scenario. Correcting measures such as the application of new management / work methods and processes are proposed and agreed with the client. It is only about to adjust the existing manners in order to adapt them to the required needs generated by the business.

It is very important to carry out this phase before embarking in an expansion process. The business has to be perfectly healthy in order to success and survive to significant changes.

At this stage the appropriate tools to use in order to obtain, process and storage the information generated by the business itself and the milestones to be achieved will be proposed. These have to be tightly complied with so a close monitoring of the activities will be provided. 

The proposal of establishment of management procedures is given by the previous conclusions and are usually applied in new business and expansion projects when it has been demonstrated that the existing ones do not suit the new situation of the business. The procedures have to be properly sized up for every particular business according to its real needs and characteristics.

At this stage the appropriate tools to use in order to obtain, process and storage the information generated by the business itself and the milestones to be achieved will be proposed. These have to be tightly complied with so a close monitoring of the activities will be provided. 

At this stage is fundamental the state of an actuation strategy. It has to be had in mind that the production has changes due to the expansion of the business. Therefore all the financial items have change according to it. The budgetary objectives in terms of assets, expenses and incoming terms have to be clearly defined. A future scenario under real parameters will be recreated in order to get a 'navigation chart' which will permit our client's brand-new business to reach safe port.

At this stage, when the business has already started its productive period of life, a close monitoring of the budget has to be carried out. This basically consists in the periodical comparison amongst the real numbers of the business and the objective budgetary figures settled at the annual report. The required information will be given by the information management tools facilitated before.