if we are to run a business in a proper way and have a long-term view, Then we need to always analyse each and every aspect of the business. Previously people use to think business analysis means financial analysis but it is not true, business analysis has a completely different dynamic. Business analysis can help to set up a new business and it can help an existing business to grow also. In view of these two completely different situations finapsys has defined two different products 1. “Feasibility” for new business 2. “Current” to support the existing business.
Analysis of the market dynamics is a very essential part of any business. For a start-up business, it is important to understand the new market they are planning to enter on the other hand existing businesses also need to understand the dynamics of the market where they are operating or any new product development needs to be done. Finapsys has products to support both businesses and show them the right path to grow their business..
Every business is facing stiff competition from the same line of other businesses. So, in the long for the smooth running of the business, every business needs to know its competitors well. Finanpsys is helping clients to know their customers through an industry-based approach.
Supply chain is a process where a business is getting its raw material and the distribution channel is a process where it sells its finished goods to end users. These two functions are very important for any kind of business. Choosing the wrong supply chain medium will lead to businesses being short of raw materials, on the other hand, by choosing the wrong distribution channel businesses can not able to sale its product. Finapsys has products to handle both these dilemmas and help their business partner to choose the right combination of both.
Everybody is talking about brand value but valuing a brand is not an easy task. A brand is an intangible asset so valuing a brand requires some proper methods and steps and requires a team of an experienced and proficient team to handle it. Finapsys has the proper asset to help their client with brand valuation and brand analysis.
Most businesses want to what is the status of their existing product like demand, supply, value, improvement require, and previous performance analysis similarly they want to know what a new product in the same business line or different business should focus so that they earn good amount of margin. Finapsys helps its clients to have end-to-end product analysis reports.
After taking a decision on the market and product then it is very important to define the price the product needs to be sold at. As the threat of substitute products is always there, so businesses need to place very competitive pricing. Finapsys first analysis competitor prices and then analyses the cost structure of the company, after which we suggest the price level of the company. This price level will create a win-win situation.
Sometimes companies are taking projects without checking the profitability of the project so it is very important to judge the feasibility of the project before taking it. Finapsys is doing a complete feasibility study for their client.
For a business, it is very important to understand the demand for its product. Finapsys is doing a complete demand analysis for their client.
For a business, it is very important to understand the Supply of their product. Finapsys is doing a complete Supply analysis for their client.
Every business is very keen to reduce the cost but sometimes due to lack of experience they are reducing costs to that much extent which can hamper the revue. So before doing a cost Control/reduction it is very important to do a cost analysis. Only cost analysis or the study of cost structure can tell us which cost is overrun. Finapsys is doing a complete cost structure review of the business and presenting an analysis report in front of top management.
Risk and business are going together. Every business is exposed to some kind of risk but the risk can not be avoided it can be only minimized/mitigate to some extent.
After analysing all the above points finapsys is preparing a suggestion matrix for their client. This kind of matrix can help a business to attain its overall goal.
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