What Is Business Analysis

Business analysis is a significant part in the process towards profit increase in existing businesses and substantial increase in chances of success of new businesses and ventures. Business analysis is performed prior to building a business plan or seeking business advice and is recommended to be performed by an objective analysis center only.

Business analysis enables
you to:

The analytical method used in business analysis is precise, and its end result provides a report that reflects the examined business’s performance data. The analysis examines all of the business’s components, including: management, finance, operations as well as a risk and feasibility evaluation.
The analysis itself is short and conducted only once, thus not requiring a great deal of time to be consumed by the business owner. An integral part of the analysis is a recommendations report, produced to guide the business owner or entrepreneur through the necessary steps to be taken in order to improve the business performance and increase profits. New businesses can increase their chances of success according to the results of the analysis.
Business analysis should be done at an objective business center. Make sure that the company or organization performing the analysis does not provide additional services, such as business consultancy, writing business plans, raising credit and so on. This is so you can be sure that the examination is indeed objective.

The Institute of Business Analysis in Israel is an objective organization that specializes in performing business analysis. The organization’s personnel includes business managers, senior business consultants, economists, marketing and advertising experts, all with extensive experience in assisting and advising businesses in Israel and around the world, who analyze all of the business’s components and provide the business owner with a tool that increases profits and improves results.

♦ Management – an examination of the management model and the performance of the business manager, even if this is the owner.
♦ Finance – a comprehensive, genuine review of the business’s profits and financial state.
♦ Marketing – a profitability assessment of the resources invested into marketing.
♦ Operations – an analysis of both the operational model and the utilization of resources available to the business owner.