Business Analysis FAQs

Business analysis is an objective, one-time or periodical assessment that enables a business owner or business consultant to obtain an objective overall picture of the business as a basis for further action or advice. Business consultancy is a process that takes place only after business analysis is performed.
Even if you receive the advice of a consultant, it is important to conduct a business analysis at an objective analysis center.

Absolutely not. In most cases, the cost of the analysis is recouped within a short time.
The price of the analysis is adjusted to the turnover of the business.

No. The Institute of Business Analysis in Israel is an objective, independent organization which conducts business analyses only. The people conducting the analyses are independent, with extensive experience in advising businesses, and professionals in their fields. With the results of the analysis you can contact any business consultant and continue the process, based on an objective, independent report giving an accurate picture of the business’s situation. You may also ask your consultant to have a business analysis conducted at an objective analysis center.

No. Starting business consultancy without first conducting an analysis is like starting medical treatment without a preliminary examination.
The first stage in any business consultancy process is business analysis.

Yes, absolutely. Analysis is a powerful tool for both business owners and consultants. If you already have a business consultant, it is likely that your business has undergone a business analysis, since a professional business consultant will only give advice after obtaining an objective analysis report on the state of the business. That is the first step for any business consultation.
If you already have a consultant assisting you, ask to see the business analysis report.

At the end of every analysis you receive a business analysis report, showing the results of the analysis, as well as a report including detailed recommendations for increasing profits.
The report includes a full analysis of the business’s main components: management, credit structure, finance, advertising, marketing and personnel. The report is an objective and comprehensive overview of the business’s true state.
Just as we have medical examinations when something is bothering us – even when we can still function;
Just as we have a car checked before we buy it or when the engine is rattling – even when we can still drive it;
Business analysis is an essential process for any existing, new or planned business – even if it is making a profit.