Feasibility Studies, which are part of Creative Vision’s business management advisory services in Dubai, allows us to analysis all the project related factor and manage them into account. It includes technical, scheduling considerations, economic, legal applications that confirm the possibility of completing the project. These studies determine the soul of concepts like technically feasible, economically justifiable, and legal aspects.
When a person has a concept or location to start a business venture but needs more exploration. It helps businesses have a sound decision when they are unable to do so. Other elements like weighing for an alternative idea for any project or expanding businesses are also included.
Major components of feasibility studies include targeting market demands, industry overviews, and competitor assessments in both ways direct & indirect. In addition to some financial analysis such as revenue, start-up costs, incomes projections, product/service demand, risks of ideas, government regulations, and sources of financing.
Deliverables include the objective assessment of a business idea which is based on experts’ experiences, in addition to a professional feasibility report along with key findings. The end results include go or no go recommendation and conclusions, creating hundreds of success stories. Usage of feasibility study reports covers all sorts of financing from investors to lenders required for projects.
Operational Feasibility involves the study that determines and measures the needs of an organization to meet targets. It Solves problems related to the proposed system identifying opportunities within scope definition and takes advantage of different opportunities. It also responds to the requirements present in the analysis phase of development.
Business Plans, including Marketing Management plans, are constitutionally critical documents for new companies. Initially, it helps save budget and time in the long-term but also helps in securing finances, evaluating opportunities, and providing priorities towards your efforts.
These plans help to create new businesses, grow an existing business, set specific objectives, Share and explain business objectives with employees, management team, and new hires. Also they help Investigate suitable investment for the business, back up a loan application, develop new business alliances, and decide the needs of business assets.
The business plan takes into account the resources of leadership, production, and development. It revolves around mission statements and detailed planning of marketing and sales for the products and services. Market analysts conduct a thorough analysis of competitors’ market and consumer interest to formulate the best business plan.
Business Valuation is a process that deals with the economic values of entire businesses, organizations, or company units. This valuation is used for calculating the accurate value of the company for many reasons such as establishing partners, taxation, sale value, includes ownership or divorce proceeding as well. Business valuation is an important part of investment advisory services when acquiring a new company.
Business valuation is a process and a set of procedures used to estimate the economic value of a business. Valuation is used to determine the price people are willing to pay or receive to affect the sale of a business.
Getting business loans, attracting investors, valuing your net worth, Business acquisitions, mergers or joint venture arrangements, Sale of businesses or planning a future business sale.
We can use different Methods Depending on your specific situation. Such as Market Value Valuation Method, Asset-Based Valuation Method, ROI-Based Valuation Method, discounted cash flow (DCF) valuation method and capitalization of earning valuation methods
Investment advisory services include risk assessment which defines the process that deals with overall methods to identify risk and hazard factors. It serves for the purpose of improving safety, business performance, and achievements.
Business risks come in all shapes and sizes. This means that effective risk assessment must be adaptable to or uniquely designed for specific dangers. From financial risks, such as investments, to new market competitors, unwelcome threats permeate the business world and can pop up at any time.
Two broad forms of risk that primarily affect a business are External Risks and Internal Risks. External risks include government regulation, economic trends, and competition in the market and consumer taste changes. Internal risks include employee performance, thefts, product recalls, financial risks, etc.
The three most common business risks are strategic, compliance, and financial. Strategic deals with decisions concerning your business objectives, compliance needs to comply with laws, regulations, standards, and codes of practice. And financial look after financial transactions, systems, and structure of your business.
As a Business Management Consultancy, Creative Vision offers Value Proposition Development which deals with fair results that are essential and provides advantages to the customer. It serves as a proper guide to making business decisions such as studying the market for your potential customers, the type of service that is good to focus on, and the important factors your marketing information should have.
The value proposition describes how your product or service solves/improves problems, what benefits customers can expect, and why customers should buy from you over your competitors. It also helps customers to understand the value of the company, product, or services, and improve customer engagements.
Make sure to target the audience, explain the services, and appeal to them. Clear all doubts about who is serving them, the values, their pinpoint needs, and the challenges they experience during working with businesses. Motivate them, differentiate yourself from competitors by unfolding differences.
Potential customers can quickly understand what your company has to offer, which creates a strong differential between you and your competitors. Value propositions also attract the right prospects, increase not only the quantity but the quality of prospective leads, improve customer engagements, and convey a clear message.
Summarizes what your company does in one sentence, specifically about the benefits of your customer’s experience, showcase how you solve a specific problem, or address a specific need. Explain why should a customer choose you instead of your competitors and include hyperbolic claims.
Competitor proposition research, defining your unique benefits, gathering customer insight that enables us to convey benefits that customer’s value. Developing Key messaging that differentiates that value of your offering and creating boost offers that have extra discount as compare to your competitors.
Business Forecasting Solutions is a business advisory services that combines influential literature and field’s important together to establish a comprehensive source for process improvements and forecast modeling. This proactive pack of the idea includes benchmarking, overcoming dysfunctional behaviors, accuracy metrics, modeling problem data, forecasting researchers, and practitioners.
Business Forecasting is an estimate or prediction of future developments in business such as sales, expenditures, and profits. Forecasting has become an invaluable tool for businesspeople to anticipate economic trends and prepare themselves either to benefit from or to counteract them.
Various techniques of forecasting are used in the field of business because the future of any business can never be predicted with certainty. Similarity Events Method, The jury of Executive Option and Survey Method.
Scenario Planning is a business advisory services that identifies a specific attitude of numerous “realities” and uncertainties that might occur in the future of the business. It makes assumptions for the future business environments which are indefinite. However, creating this set of assumptions provides a guideline to the organization in the long-term, decrease risks, get new opportunities, and close the door to raise the cost.
Scenario planning is a planning tool used to make flexible long-term plans to deal with major, uncertain shifts in the organization’s environment.
There is no doubt that companies can gain benefit from scenario planning, and here are several strengths of scenario planning. System Thinking, Optimal Allocation of Resources, and Risk Reduction are included.
Our foundational outcomes will help your organization to support your vision of success are building an articulated plan, focusing on strategic differentiation, aligning your organization, and enabling agility & organizational transformation.
Market Entry Strategy allows the organization to enter a new marketplace and offers many options that are developed for a variety of business scenarios. Considering the fact of expansion whether it is expanding internationally or domestically in the same market, the requirements may differ. Investment advisory services can determine where market entry is suitable for a business.
A market entry strategy is a method in which an organization enters a new market. The first point of consideration is whether or not the organization is expanding domestically or internationally..
Type of industry, the agility of the products, the culture of the new market, and costs associated with entering a new market and local & international laws of exploration are considered for market entry.
Types of market entry strategies are direct Exporting, licensing, franchising, and buying a Company. Further, it includes joint ventures, buying a company, turnkey projects, and Greenfield investment.