Business Best

Business Development

Business Development

Business Plan What is it and why do I need it?

The business plan, or the business plan / plan in Greek, is the cornerstone of every new business venture. It is the document (text) that describes the business idea and philosophy in detail and clearly. It states what the business is about, what the goals are, and how we will implement them. It is an action guide for transforming an idea into a financially viable business. Before starting a new business or growing an existing one, it’s important to have a workable business plan. Not only is it the best way to set yourself up for success, but it can also help you identify risks and weaknesses in your venture. How many types of Business Plans are there ? There are many examples of business plans with different structures online, but every time you use one you should be aware of the following: A business plan is an important tool that serves a specific purpose and targets a specific audience. The needs of startups seeking financing from investors are different from those of businesses with established brands that want to develop new products/services with their own funds, while the needs of small businesses seeking financing from banks are also different. External Business Plan (for financing) These types of business plans are addressed to individuals and organizations outside the business. Whether it is a business that is operating or not, we use business plans to attract capital from investors or from banking institutions. The most important factor in developing this plan is to know who we are addressing and what the goal is. We will use different elements for a new business idea when we address an investment fund, different elements when we ask for financing from a bank. Internal Business Plan (for management) This business plan is intended for internal use by existing businesses who want to use it as a management tool or when launching a new product or service. It is a document that assesses the current state of a business, its operations, financial goals, and performance. Contact us We plan together your path to success What does a Business Plan include? Summary This is the overview of the business idea and should be short, concise and easy to understand. When writing a summary, keep in mind who and what we are aiming for. This is the first part someone will read and we need to pique their interest. In the summary, we can document Description of the business and products/services This is about the description of the business, the size of the business, the products, services, human resources and the added value we provide to our customers. To describe the business and development potential in detail, you must be able to answer the following questions: Market and competition analysis In market and competition analysis, we should focus on the business environment, the economic conditions of the market, consumer habits, competition and how to react. Implementation strategy One of the most crucial parts of our business plan as it contains key ideas for the development of our business idea. We should clearly define the action plan, the management plan, and the marketing plan. Through these elements, we will be able to ensure that our vision becomes a reality. Resources At this point we analyze the financial, technological and human resources we will need. We should be able to answer questions such as Financial Forecasts Financial estimates, such as revenue, expense, cash flow forecasts and profitability analysis. How useful is a Business Plan? It all starts with an idea. The conception of our ideas often fills us with excitement and hopeful anticipation. The next stage is to write the idea down and start thinking about how to make our idea a reality. That’s why a business plan is as useful as oxygen is to a person. It is useful for both a startup and an existing company. Developing a business plan is not just a formal process, but a critical tool that guides the business towards success, helping to organize, make decisions, and secure the necessary resources for its development. Business plan Do you want to start or grow your business? A business plan is the key to success! Contact us

Business Development

Presenting a business plan to investors for financing

Okay, I have the business idea, now what? How do I present my idea so I can find funding? If you are having difficulty securing financing for your business, if you want to attract new capital from investors, read the article to start preparing for the presentation of your business plan. Business Plan Presentation When we seek funding for our business idea, at some point we must proceed to present the idea or our business plan to potential investors, creating What is a pitch deck and what is its relationship to the business plan? A pitch deck is a concise proposal that presents the key elements of a business plan to potential investors. Our goal is to get the potential investor thinking as quickly as possible: “Oh, what a wonderful idea! I could make money on my investment”: Once we gain the attention of investors, we will need to present our proposal in detail through a business plan. These two tools should communicate effectively: Contact us Effective presentation in 3 steps How will we succeed in effectively communicating our idea to investors? 1.  Preparing the business plan presentation The most important part of the presentation is the preparation.  Research for suitable potential investors The first step is to research potential investors, identify their investment preferences, and target those most likely to be interested in our idea. Adapting the presentation to specific investors Once you have found the right investors, it is useful to look at their past investments to understand their priorities and goals. For example, if an investor or VC prefers businesses that support sustainable economic and social development, you should highlight this aspect of your venture. Gathering the necessary presentation materials  During the presentation, we should have available all the information (financial forecasts, market research, etc.) that will highlight the uniqueness of our idea and the potential of the business. By carefully gathering this material and being able to respond to every possible question, it will create the conditions for a relationship of trust between us and the investors.  Practice presentation skills Practicing presentation skills is an important part of the process. It will allow us to become more familiar with the presentation material, feel more comfortable, and identify potential problems and weaknesses. 2.  The presentation A successful presentation guides the audience along a specific, prescribed path, a journey with a beginning, middle, and end. This journey can be easily achieved through storytelling. We start with what our audience already knows very well in order to arouse interest and attention. Then we describe the problem we want to solve with our business idea.   In general, the structure of a presentation includes The introduction Here is our opportunity to make a great first impression, to grab the audience’s attention so they will pay close attention.  Business idea and target market. At this point we should clearly explain how the business idea will meet the needs of the market. Business team In this section we should describe our team – our qualifications, skills and experience – in order to create the appropriate climate of trust. Investment plan One of the key elements of the presentation should be the investment timeline. Even if the venture is at its beginning, we should present the timeline for when the investment will yield a profit for the investor and how it will be realized. Contact us 3. Maintaining communication. After the presentation is complete, we should maintain a channel of communication with investors. We can achieve this by sending a thank you letter, where we have the opportunity to briefly present our business idea and the benefits for investors. And of course, we should respond promptly and consistently to any questions that arise. Business plan How a business coach can help you present your business plan Entrepreneurs and founders seek the assistance of a business coach to assist them throughout the presentation preparation process to create an excellent first impression. A business coach can provide assistance at all stages of preparation.

Business Development, Uncategorized

What business should I open?

What business should I open? This is a question that usually comes to our minds first when we start imagining ourselves as an entrepreneur. This same question is one of the most common ones I receive as a Business Coach and Business Consultant.And it comes with questions about capital, market, location, and chances of success. As simple as the question is, its answer requires time, thought, and planning. Because a business is not just an economic activity. We should know from the beginning that a business is based on 4 pillars:  identifying opportunities, managing resources, creating change and creating value. The 4 pillars of a business’s success Recognition of opportunities A business starts by recognizing an opportunity, identifying a new need in the market, a new technology, or a new approach to an existing type of business. In other words, we need to be able to clearly describe what we will offer or produce better than the competition. Resource management The success or failure of a business often depends on the effective management of resources. When we say resources, we mean financial resources and people. An entrepreneur must select the appropriate resources – in financial capital or in human resources – and manage them effectively. Create a change Business is not just a process of producing and selling goods or services. It is primarily a process of creating change. Business can change people’s lifestyles, create new jobs, and contribute to economic growth. Value creation Value can be economic, social or environmental. The entrepreneur must create value for customers, employees, suppliers and society as a whole. Contact us What business should I open? Targeted questions for big profits Using these 4 pillars we can ask more targeted questions. Opportunity recognition Resource Management Create a change Value creation What business should I open? Business Plan Having answered these questions you will have laid the foundation for creating a  Business Plan . The simplest and most helpful Business Plan that you can make inexpensively and easily to start with is to discuss your idea with a person in your environment that you trust and describe to them what you want to create through your business. But you should continue with thorough research, seek out the right partners, and carry out careful planning to increase your chances of success. Business  coaching  using management methodologies such as SMART & SWOT analysis will effectively help you identify the skills and talents you need, set goals, and avoid getting carried away by procrastination or any obstacles. An experienced Business Consultant  will give you the scientific framework for whether your business has a chance of success or not. He will also guide you in meeting the challenges faced by a new business, such as financing.  If you have a business idea but don’t know how to implement it,  contact the Business Best team  so we can help you. Don’t forget that the business is the person who creates it! It’s his values! Contact us

Business Development

Business Development: Business Development

Business Development: How to grow your business in a changing environment Are you the owner of a small or medium-sized business in Greece? If so, you know you need to do something different to stay competitive in an ever-changing environment. Business  Development  is a process that can help you grow your business and achieve your goals. In this article, you will learn: What is Business Development? Business development is a process that involves assessing a business’s strengths and weaknesses, analyzing the business environment, and developing strategies to increase sales and profits. Why is business development important for SMEs? Small and medium-sized businesses face many challenges, such as: Business  Development  can help SMEs address these challenges and grow in the following ways: It helps How to get started? If you want to grow your business through business development, there are a few steps you can follow: Tips to get started Business Development is an important process that can help SMEs grow in a changing environment. Here are some additional tips to make business development more effective for your business: Read in this article  What Does a Business Consultant Do?

Business Development

What does a Business Consultant do?

Are you an entrepreneur in Athens? If so, then you often face challenges that you cannot solve on your own. An experienced business consultant can help you overcome these challenges and achieve your goals. The best business consultant is one who will guide and support you every step of the way. A  Business Consultant  is a professional who provides advice and support to businesses to improve their operations. They have specialized knowledge and experience in various areas, such as organization and management, marketing and sales, economics and finance, technology and strategy. Contact us We plan together your path to success Business Consultants: Their Role in Running a Business The need for specialized support may arise in various situations such as: Organization and restructuring of the business A business may be facing cash flow problems and need immediate process improvements such as reducing production costs, storage costs and product handling. A consultant can help you find the right CFO for your business. Solving operational problems and increasing productivity. A business consultant will suggest effective ways to streamline processes, use technology, train staff, or use technology. Development of new products or services and expansion into new markets. The business consultant will assist in market research, product or service development, and the definition of the growth strategy. Finding financial opportunities. The consultant will work with the business to understand its current and future financing needs. This includes analyzing its financial data, business objectives and prospects. They will create a business plan, identify potential sources of financing such as the NSRF ,  or the DYPA programs, prepare applications and negotiate the terms of financing. The best business consultant for subsidies will guide you effectively through this process. Improvement of corporate image and communication. The corporate image of businesses plays a vital role in today’s communication society, influencing recognition, acceptance, differentiation and competitive advantage. A specialized business consultant in marketing and communication will help create a strong corporate image. Contact us Benefits of working with a business consultant Working with a business consultant can provide significant benefits for a business, which can lead to improving its overall performance and achieving its goals. The independent and objective perspective A business consultant can provide an independent and objective perspective on the business, which can be valuable for decision-making. Specialization and knowledge in specific areas. She has specialized knowledge and experience in specific areas, which can help the business improve its performance in these areas. The best business consultant for women will have the expertise and sensitivity to support female entrepreneurs in all phases of their business activity. The application of best practices and techniques It will help the business implement best practices and techniques from other organizations, which can lead to improved performance. Accelerating the achievement of business goals A business consultant can help a business achieve its business goals more quickly and effectively. Reducing risks and avoiding mistakes A consultant’s professional experience will help the business reduce risks and avoid mistakes that can cost money or harm the business. Strengthening administrative capacity and decision-making It will help entrepreneurs strengthen their management skills and improve decision-making Contact us Business Best’s role as your Business Consultant Our services are based on 3 pillars: Know-how Our experienced consultants have the expertise and skills you need to assess your business’s potential, develop a strategic plan, and implement the necessary actions to achieve your goals. Confidentiality and ethics Confidentiality is a special and important condition in business. And we know this well. For Business Best, confidentiality and ethics are not only legal requirements, but also moral obligations because we want to build strong relationships with our clients. Cost Often the cost of working with a business consultant for a small family business can seem prohibitive. However, the value of this investment will quickly be amortized and we have the ability to customize it to the needs of each of our clients. Our clients describe us as the best business consultant for women and grants due to our experience and personalized approach. We are here to support your business to achieve its goals with efficiency and professionalism. Contact us

Business Development, Uncategorized

The Extrajudicial Debt Settlement Mechanism

The Extrajudicial Debt Settlement Mechanism: A Holistic Solution for Debtors The Extrajudicial Debt Settlement Mechanism is a powerful tool for debt settlement, offering a comprehensive and sustainable solution for individuals, businesses, freelancers and private law legal entities. Through this mechanism, debtors have the opportunity to deal with all their debts in an automated and efficient manner, avoiding unpleasant legal proceedings. With the recent improvements that have been implemented, debtors who join the mechanism benefit from even more advantages. Among other things, a reduction of up to 28% of debts is offered, combined with a fixed interest rate of 3% for three years. These improvements make the mechanism even more accessible and effective for debtors. Particular attention is paid to vulnerable debtors, defining automatic and mandatory acceptance of their debt restructuring proposal by banks and the State. This gives vulnerable debtors the security that they will receive the necessary support to address their financial challenges. HOW DOES THE APPLICATION MADE ? Through the electronic platform of the Extrajudicial Debt Settlement Mechanism, the application process is simple and easy, with debtors being able to benefit from the advantages of the mechanism through a simple process. Business Best is a reliable company that can assist debtors in the context of the Extrajudicial Debt Settlement Mechanism. Through its expertise and specialization in the field of financial management, Business Best can provide full support and advice to debtors who wish to join the mechanism. Contact us We plan together your path to success WHAT BENEFITS DO I HAVE FROM THE REGULATION? By joining the mechanism, debtors enjoy advantages such as the suspension of individual and collective enforcement measures and the adjustment of loans guaranteed by the Greek State. In addition, the possibility of principal and interest write-off, debt reduction and partial write-off are offered. All debtors with debts exceeding 10,000 euros are eligible to join the mechanism. The Extrajudicial Debt Settlement Mechanism is a key solution for addressing financial challenges, offering debtors the opportunity to regain their financial well-being with simplicity and efficiency. Through its specialized consultants, Business Best can handle the processing of the required documents and the application process via the electronic platform. In addition, the company can provide specialized advice on the rights and obligations of debtors during the process. Contact us We identify the problems together, propose solutions and help you implement the changes.

Business Development, Uncategorized

How Business Best Undertakes to Help Businesses Recruit Personnel through DYPA Programs

How Business Best Undertakes to Help Businesses Recruit Personnel through DYPA Programs Searching for and hiring qualified personnel is a crucial stage for the growth and success of a business. However, this process can be complex and time-consuming for many companies. This is where Business Best comes in to take on the upcoming recruitment process on behalf of businesses through DYPA. Let’s look at how Business Best can achieve this goal for you: 1. Needs Analysis: Business Best begins the process with a detailed analysis of the company’s staffing needs. This includes the creation of a position profile, which will help in the search for suitable candidates. 2. Finding the right program for your business: Business Best undertakes to inform you about which program suits your business so that you can hire partners and develop your business activity. 3. Application and submission to the selected DYPA program: Business Best undertakes the entire process of submitting your application as well as communication with DYPA 4. Integration Support: After hiring, Business Best can provide support for the smooth integration of new staff into the business. Contact us Conclusions: Business Best’s recruitment services are an effective way for businesses to strengthen their workforce with high-quality candidates. Through specialized needs analysis, support, Business Best undertakes to cover every aspect of the recruitment process for businesses. Finally, it is important to mention that Business Best offers these services with an emphasis on customization and personalization to the needs of each business. Each service is designed and customized according to the industry and requirements of the business, ensuring success and customer satisfaction. The relevant DYPA link for open programs is: https://www.dypa.gov.gr/anoikta-proghrammata Therefore, partnering with Business Best through DYPA programs is a reliable and effective solution for businesses looking for high-quality personnel. This strategy not only saves time and resources, but also ensures that businesses will have the necessary personnel to face challenges and achieve their goals. Contact us

Business Development

Landing Page: converting visitors into customers

What exactly is a Landing Page and why is it an essential tool in digital marketing? What does a Landing Page serve? A Landing Page is a standalone website created with a single goal: converting visitors into customers. Unlike typical pages, which serve various purposes and contain many navigational elements, Landing Pages are designed to prompt a specific action, such as making a purchase, signing up for a newsletter, or downloading an item. What makes a good Landing Page? Clear heading The title is the first thing visitors see and should immediately understand the proposal or service offering. Interesting content Clear and concise copy that highlights the benefits of the offering and addresses the visitor’s pain points. Stunning visuals High-quality images or videos that support the message and attract attention. Call to action (CTA) A prominent and compelling CTA button that urges visitors to take the desired action. Lead capture form If the goal is to capture leads, a form to collect contact information is essential. However, the form should be concise and ask for only the necessary information to minimize friction. Social proof Testimonials, customer reviews, or trust marks can help build credibility and reassure visitors. Mobile optimization With the increasing prevalence of mobile browsing, it is very important that Landing Pages are fully optimized for smartphones and tablets. Conclusion A properly created Landing Page delivers a clear message that pushes visitors to take action. Whether the goal is to generate leads, increase sales, or promote a new product, Landing Pages play a crucial role in achieving marketing goals and maximizing ad performance. By understanding the basics and benefits of Landing Pages, Digital Marketers can harness their power to create impactful campaigns that resonate with their target audience and deliver measurable results. See the original article

Business Development, Uncategorized

Professional Experience Acquisition Program for 25,000 Young Unemployed People

The program aims to prepare 25,000 unemployed people, aged 18-29, for their integration into the labor market. Through the acquisition of professional experience, participants will strengthen their skills and improve their employment prospects. The program is aimed at private sector businesses across the country. In order to be included in the program, a business must not have reduced its staff during the three months prior to submitting the electronic application on the DYPA platform. Businesses are included in the program based on the number of their employees as follows: • Businesses with 0-3 people: 1 beneficiary • Businesses with 4-9 people: 2 beneficiaries • Businesses with 10-19 people: 3 beneficiaries • Businesses with 20-30 people: 5 beneficiaries • Businesses with 31-50 people: 8 beneficiaries • Businesses with 51+ people: 20% of staff and up to 20 beneficiaries The program is aimed at unemployed people aged 18-29 who are registered in the digital register of unemployed people of the Hellenic Employment Agency (DYPA) and are not participating in any education or training program nor are they employed according to their designation until their placement in the company. The duration of the internship is 7 months, with a daily workload of 8 hours, 5 days a week. DYPA pays participants a monthly compensation equal to the legal minimum wage, as well as a proportion of holiday gifts and vacation allowance. Beneficiaries enjoy full medical coverage and are covered by e-EFKA insurance. The total budget of the program amounts to 200 million euros, co-financed by Greece and the European Union through the “Human Resources and Social Cohesion” Program under Priority 5 “Employment of Youth (15-29 years old) NEETs (outside employment, education and training)”. Contact us Your collaboration with Business Best can help you ensure effective and efficient recruitment of personnel through the DYPA, thus enhancing your potential for the growth and success of your business. We plan together your path to success This program is an important initiative to strengthen the employment of young people in Greece, offering them valuable professional experience and enhancing their prospects for integration into the labor market. Business Best: Business Best, with many years of experience and expertise in DYPA programs, undertakes the preparation and submission of the relevant applications. With over 10 years of successful presence in the sector and hundreds of satisfied clients, we ensure that businesses will have the best possible opportunity to benefit from DYPA’s actions. Our specialized consultants will guide you through every step of the process, ensuring the successful outcome of your application.

Business Development, Uncategorized

NSRF 2021-2027, Grant of upto €130,000 for Small and Medium Enterprises

NSRF 2021-2027, Pre-Publication of Action: Grant of up to €130,000 for Small and Medium Enterprises – How to Prepare Entrepreneurship in Greece is changing rapidly, with businesses being called upon to adapt to the modern demands of digital transformation, sustainability and extroversion. In this context, the new action “Small and Medium Enterprise Adaptation Plans” comes to support small and medium enterprises with a capacity of 20-50 employees, providing a grant from €25,000 to €130,000. The program aims to strengthen businesses through: • Organizational modernization and development of new skills for staff. • Green transition and sustainable development. • Digital transformation to increase productivity. • Improving extroversion and competitiveness at national and international level. • More efficient supply chain management. The program is expected to be announced soon and applications will be submitted electronically through the Integrated State Aid Information System (IPSKE). Who can join the program? The program is aimed at existing small and medium-sized enterprises that meet the following conditions: ✅ Have at least 20 Annual Work Units (AWU) in 2023. ✅ Have at least two (2) full administrative years prior to the date of application submission. ✅ Be active in eligible KADs, that is, do not have a main KAD that is excluded from the action. ✅ They must be legally operating businesses with a corporate or commercial form. ✅ Meet the conditions of the De Minimis Regulation (EU 2023/2831). What does the grant include – Eligible Expenses The program finances a wide range of expenses aimed at improving business operations and competitiveness: 🔹 Consulting Services – Business strategy, needs assessment and development of organizational structures. 🔹 Employee Training and Education – Education in new technologies, development of soft skills, specialization in green practices. 🔹 Skills Certification – Obtaining recognized certificates to improve human resources. 🔹 Staff Recruitment – ​​Financing of salary costs for new hires. 🔹 Process Optimization & Digital Modernization – Investments in automation systems, CRM and management software. 🔹 Supply Chain Management & Export Activity – Strategies for expanding into new markets and developing distribution networks. ⚠️ Important: The cost of managing business plans is not compensated within the framework of the action. How will applications be submitted? Applications will be submitted electronically through the OPSKE, without the need for a physical file of supporting documents. The submission period will be defined in the Detailed Call for Applications and will include: 📍 Selection of actions that the business plan will include. 📍 Determination of the thematic training areas and the number of participants. 📍 Submission of the required supporting documents via the electronic platform. 📍 Evaluation through the Direct Evaluation process, with scoring criteria that will be determined in the invitation. Businesses that will be approved will have to implement their business plan in a specific Region and complete the project within the specified timeframe. Contact us Why is it important to prepare now? 🚀 Preparation time is critical – Businesses that have their business plan ready will have a greater chance of inclusion. 🚀 Competition will be high – The program concerns many businesses throughout Greece. 🚀 The right strategy makes the difference – An organized business plan increases the chances of approval. How can Business Best help you? Business Best is specialized in managing financial programs and can guide you through all stages of the application. 🔹 We undertake the preparation and submission of the application with 100% success in previous programs. 🔹 We help shape the business plan so that it meets all the program’s criteria. 🔹 We provide comprehensive advisory support to ensure that your business will benefit to the maximum from the grant. 📞 Contact us today and prepare properly for the new subsidy! Contact us 📍 Book a FREE consulting appointment and learn how you can secure financing up to €130,000! 📢 Be the first to know about the official launch of the program! Subscribe to our newsletter to receive timely updates on all developments regarding new funding programs.

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