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I am in the process of starting my own company/craft business. Is it necessarily to hire a business consultant - counsellor? |
| Business counsellor – consultant looks at idea from a financial and economic sustainability standpoint and by quantifying and considering all aspects of business idea sustainability he contributes to its higher quality and faster realization. One can't say that hiring a business consultant is necessarily, but his competence and knowledge is there to help your idea achieve its business goal on the best and the fastest way. A quality business consultant using his knowledge and skills will find the relevant questions that lay in front of the entrepreneur by his going in entrepreneurship and will manage to find the answers. |
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What can I expect from a good business consultant? How can he help me? |
| Business consultant - counsellor will consider the business idea, plan, project from all aspects of its financial and economic sustainability and considering set business objective. In cooperation with a consultant entrepreneur will manage to find favourable and quality solutions that are part of everyday business activity. Consultant engagement is most frequently in situations; when starting a business venture, during the investment process in all phases of its improvement and modernization, moving over on different branch activity, when finding a source of finance, process of business valuation and other items according to the needs of entrepreneur's business. |
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I am planning to start my own business. Do I have to have a business plan? |
| It is necessary to make business plan so that entrepreneur could evaluate his business idea on a real base. Every business idea has to be efficient, which means that the idea must result in positive effect that will justify its initial investment. Business plan is in function of making an idea more concrete and elaborating her to its main elements that cause its successful implementation. Following that form all required investments are estimated and analysed, and than estimated considering market justification of business idea, from which real estimation mostly depend implementation of an idea. Business plan analyse present and potential market opportunities concerning the company product/service. |
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My company/craft business already has a business plan. Does business plan needs to be update? |
| Yes, business plan should be permanently updated. Business plan is not a static category that serves itself, but a dynamic category with a purpose to help in developing the business venture. It has to bear in mind that quality business plan includes business activity during the relatively longer time period, but because of the business process dynamic feature business plan should be updated. The present business plan is necessarily to update taking into account changes in business that considerably affects material business basis and/or business nature i.e. business activity itself. By updating the business plan valuation of company's business activity is real and comprehensive. Light updates of business plan should be permanent conducted by the entrepreneurs itself. Along with the greater updates or upon making the new business plans it is recommended to hire a specialist. |
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Can I make a business plan by myself? |
| Business plan should be set, and partly made by entrepreneurs itself. Building a business plan takes time and specific knowledge. Quality Consultant Company has a required knowledge and skills adjusted to the specific characteristics of certain business area for objective idea elaboration into the final business plan. It is recommended to hire a business consultant during the process of building a business plan so as to all right questions and answers could be found that are necessary for objective elaboration and evaluation of business idea. The major part of business plan is business idea economic sustainability evaluation process during which is recommended to hire a quality specialist. It is recommended to establish a cooperation between entrepreneur and a business consultant so that through a business plan elaborated idea could include all entrepreneur's requirements and objectives, and in order to achieve entrepreneur's better understanding and knowing the threats and opportunities of providing a business venture. |
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I have been asked in a bank for an investment project - feasibility study. What is my next step? Can PBIRO provide me a solution? |
| Your next step is to enquire about quality and references of business counsellors – consultants that may help you in providing the service of building an investment project. After that, you should, base on the given information and your own entrepreneur's consideration, select a consultant which you think is the best. PBIRO provides you with a complete solution for your investment project. Our references are numerous investment projects made covering all kinds of branch activities and are confirmed by the most respectable banks in Croatia and market practice which is true standard of investment success. Our aim is to create an investment project which will be based on sustainable and reliable grounds and achieve its fundamental functions – growth and development. |
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7. |
I am planning to start my own business. Do I need to take an entrepreneurship education? What can I learn in PBIRO's Center for Entrepreneurship Education? |
| Entrepreneurship Education is not something that has to be done and it will be incorrect to claim that every entrepreneur must take it if he wants to be a successful, but it is correct to claim that entrepreneurship education is extremely important to start-up entrepreneurs, because it is an opportunity to adopt knowledge and skills that is required in business practice. PBIRO's Entrepreneurship Education will provide you with concrete, practical and in practice attested answers on questions that lays in front of entrepreneur when entering in business. PBIRO's education is based on a long-time market practice in Croatia and attested business experiences. Many said that education is a ground for success in today's business world that develops very rapidly. We say that education of start-up entrepreneurs is a smart investment in your own development and progress. |
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I am a successful entrepreneur and my company already has a firm market position. Can I benefit from PBIRO's Entrepreneurship Education? |
| Yes, you can. PBIRO's Center for Entrepreneurship Education provides you with a wide range of an entrepreneurship education – beginning with seminars about basic entrepreneurial and business knowledge up to seminars dealing with very specialized business knowledge and skills. Such specialized themes treat particular narrower business segment and provides an experienced entrepreneur with specialized knowledge that helps him in raising the level of business competence. |
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I am a private entrepreneur. I heard for Pre-Accession Funds of EU, but I don't know how can I quality use them for improving my business. It looks to me that these funds are intended for public sector only and only some to private sector but just for big companies. Is that correct? |
| It can be said that today, in these phase, these statements are partly correct, but there are resources for private sector and it is not necessarily to be a big company. It is correct that Pre-Accession Funds open to Croatia at the moment are mostly intended for public sector, but there are options intended to private sector. It can not be forgotten an opportunities that opens to private subjects for conducting activies within the public projects with a public subjects as a holders. |
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I am an entrepreneur and my company business is doing very well. I am planning on buying another company/craft business. Can PBIRO help me in realizing my business idea and how? |
| Yes, it can. PBIRO provides specialized service of business valuation which helps buyer, but to the seller as well, to optimally perform the buying and selling process. There are several ways of performing a buying and selling process, and also there are several process of business valuation, therefore with hiring a PBIRO you're getting an experts that will accomplish a business on professional way and in the function of successful business future. PBIRO possess experience in the most complex takeovers of joint-stock companies and practice approves that our business valuation makes a real base for successful buying and selling process of business subjects. |
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I am planning to withdraw from entrepreneurship business and to look for some less dynamic job. I am aware of the market value of my company/craft business and I want to sell it, but I don't know what her real value is. What can I get from PBIRO? |
| From PBIRO you can get knowledge and proffesionality in the business valuation of your company/craft business, which will help the buying and selling process to accomplish expectations from both sides, the seller as well as the buyer. The seller is interested in selling what he has created by fer value, and the buyer is interested in buying the business subject by fer value. Our experience will provide safety that buying and selling process will pass on mutually satisfaction for each side. |
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