New Business

A new business is an excellent opportunity for personal, professional and economic development. Making the decision to open a new business is a challenging one which often affects not only the person making the decision but also others around him.  Starting a business or company requires you to act responsibly and carefully choosing your actions. Before opening a new business, in any field or size, a business analysis must be performed. Business analysis will enable you to increase your chances of business success.

More than 62% of businesses who do not conduct a business analysis prior to opening are shut down within the first 2 years.

Before starting a new business you should know:

During the process of setting up a new business, we must first ask questions and receive good answers even before taking the first step: What is your purpose? What are you good at? What added value can you offer? What markets interest you? What existing need will the business meet? Where do you see yourselves in ten or twenty years? The answers to these questions will enable you to make informed decisions about how to proceed.

In addition to these questions, there is a great deal of information to recognize and many professional questions to ask. The best way to receive answers prior to making any investment is conducting a business analysis.

Business analysis will enable you to know how to proceed while making the minimum investment of resources and objectively increasing your chances of success. It is recommended to perform business analysis before seeking business advice and even before writing a business plan.

Act responsibly - assess your idea or new business and increase the chances of business success. Conduct a business analysis in time, and the new business will achieve its objectives in a shorter period. The Institute of Business Analysis in Israel is the only body in Israel qualified to perform objective business analysis using the R&O (risk-opportunity) methodology.

The analysis report is accompanied by a report of recommendations
for action – step by step instructions on how to proceed in order to set up
a profitable business in a short time!