Certified Property Valuer
Polski 
English 
Offer:
Strategy development
- Analysis and supporting actions
- Organization development management
- Organization culture formation
- Changes management
- Knowledge management
- Privatization
- Finance
- Analysis of the profitability
- Business Plan
- Company valuation
- Brand value valuation
- Fair value valuation
- Due diligence analysis
- Motivation systems and remuneration systems
1. Analysis and supporting actions
Important actions are supported by urgent actions in life. We can observe the same thing in companies: the necessity of operational problem solving wins with strategic dilemma.
Company success substantially depends on accurate prediction of future events and its actions adjustment to forecast course of events.
We support our customers (companies, governments, other organizations ) during the process of objectives formulation . Firstly, we carry out necessary analysis (analysis of environment and company interior, SWOT analysis, portfolio analysis BCG, ADL, GE) through designing strategies and making different options with financial model and its implementing.
We use the experience and developed methodology during strategy formulation for many companies from different branches.
Effects
- assessment of market benefits and financial development variants,
- supporting for top management during decision making
- starting point for organization changes
- involvement of middle management employees in company development plan
- participation in design a strategy of other important groups in company like trade union
Who needs it?
Every company which searches for new possibilities, expects support in formulation of variation development.
Strategy formulation is directed to top management -business management, government authority, company management.
2. Organization development management
Organization is like a human. It is born, grows up, maturates. Companies together with their growth discover new market possibilities and undertake new challenges. They search for organizational solutions, which assure them of achieving success. Our company provides specific organizational solutions, adjustment to company needs and expectations. We support our customers in restructuring through building and modification of branches and functions, processes and procedures designing and improvement, changes of employees’ attitude. We deal with establishment of organizational structures, building capital groups and holding structures, design formal and informal solutions.
Effects and benefits:
- The company implements its strategic objectives in faster, cheaper and complete way. Decisions are undertaken on proper management levels and in time which enables taking advantage of chance.
- Organization’s potential is used in full range
- The company can react on surrounding changes
- Organization gives possibilities for using workers’ potential
- The company gives possibilities of workers’ development
Who needs it?
Every organization which has problems with development because of framework. We design and introduce changes for all companies and individual sections.
3. Organization culture formation
Every organization products own organizational culture. We can observe only a part of it, this is similar to iceberg. What decides about its formation is hidden and noticeable with difficulty. It is easy to notice company’s property and documents, collect date and information. The situation is different with values, climate, emotions which create hidden and very often unaware part of culture. Organization culture can make implementation of business objectives easy or difficult. We research for organization culture symptoms, working attitudes. What is more, we identify informal procedures and rituals. We influence on company’s modification in accordance with organization expectation and needs through cooperation with company’s workers.
Effects and benefits:
- System of workers’ values is similar to system of owners’ and managers’ values.
- Workers identify with their company and its business objectives, they are attached to the company, work in this organization gives them pleasure and satisfaction.
- Organization and management suit the owners and workers, they are consistent with company’s objectives. Interior relations and working atmosphere favour making an effort and tasks implementation.
Who needs it?
Companies which build their success on the basis of workers’ knowledge, teamwork. Organizations which search for unconventional solutions which increase their effectiveness and build permanent relation with workers.
Changes in companies are inseparable feature of their actions. They are forced by market changes, competition action, owners’ expectations, new technologies. Correct reaction for changes not only needs solution but also its effective implementation. We think about effectiveness of implementation during analytical and design work when working with customers. We identify risk, obtain followers of changes, run the information campaign, monitor implementation effectiveness of fraction solution. Our company consultants manage changes process, moderates work of task force, takes responsibility of quality implementation tasks. We identify potential consequences of changes not only on area which is directly changed but also their influence on other company’s shakeholders.
Effects and benefits:
- Minimalization of changes costs
- Limitation of risk of failure changes
- Obtaining internal acceptation for propose and implementing changes
- Effective changes implementation
Who needs it?
Every organization which faces changes or which is during their designing and implementation.
Decision making is everyday life of every company. It is done by its owners, managers and workers. Decisions should not be only based on intuition if we want them to benefit. They should be based on the knowledge of people who make a decision. The knowledge should not be closed in one person’s head. It can be used more effectively, when it becomes available to many recipients inside the company. Organization and its workers, who are willing to share their knowledge, are able to deal with new problems quicker and with smaller failure risk.
At our work we help companies recognize areas, in which the knowledge exchange can bring the biggest benefits. We define ways of acquiring, collection and transmission of information and what is more we describe suitable procedures and knowledge management instruments
Effects and benefits:
- Less mistaken decisions
- Decision improvement
- Risk minimization connected with resignation of crucial employees
- Legible and effective communication inside organization
- Opportunity of using full potential of organization
Who needs it?
Companies which success is based on workers’ knowledge. Organizations which search for unconventional solutions that increase their effectiveness. These are companies which possess matrix, design structure, which work is based on tasks force but also companies which are territorially scattered.
… does not only mean changing the owner. It is usually cultural, organizational change, breaking barriers. This means undergo ( only once in company’s history) complicated legislative procedures. These are multilateral negotiations, reconciliation of different business and expectations.
We link strategical consulting with technical skills, which are connected with preparation of formal privatization process, the knowledge and recruitment experience.
Effects and benefits of our approach to privatization:
- The company gets as much capital as it needs and uses it effectively.
- The company gets stabilized management structure
- Minimization of social concerns
- The company implements strategical objectives in faster, cheaper and full way
- The level of economic knowledge definitely increases among workers- owing to proper training package
Who needs privatization?
There are about 1000 state-owned companies……, however our offer is also for companies which belong to local governments
Financial Management advice is very important part of business. We offer to our customers wide scope of financial service, from competent financial analysis and reorganization of big companies’ financial-accounting division to work out business plan for small companies.
We did financial audits type due diligence for big business entities and institutions which manage aids, for example for Implementing Authority for European Programmes and the Polish Agency for Enterprise Development.
If it is needed we cooperate within the framework orders from area of finances with chartered accountants.
8. Analysis of the profitability
The necessity of analyzing of profitability of taking measures and choice between different opportunities appears on every level of companies functioning. It is worth to do such analysis for strategical enterprise (for example assumption of other subject, building of new factory) and less important enterprises which are connected with current activity (renovate machine or buy new one, implement task using own strength or subcontract it)
Cash flow discounting generated by enterprises is used for analysis of the profitability. Key issue is assessment of cash flow size- for this purpose we use models of finance projects which are created for particular enterprises and companies.
Analysis of the profitability provides necessary information to take decision for managers:
- Is it worth to become involved in enterprise (investment/ restructuring)?
- What risk is connected with implementation of enterprise?
- What enterprise (version of enterprises) is possible to implement?
- Should we produce by ourselves or subcontract?
What is more, we create sensitivity analysis for analysis of the profitability, which answers question: how will company profitability change along with the change of conditions for the functioning, for example if they change:
- Income ( because of the changes of products prices or the changes of the sales volume size);
- Activity costs;
- Investment credit interest rate
- Course of exchange
- The level of inflation
- Other parameters, which depend on company characteristic
We offer the preparation of analysis of the profitability to managers of senior and average level companies, representatives of council authorities, the unit of public administration and analysts of financial institutions.
Business plan is a document which describes designed enterprise together with definition of actions and sources which are necessary to its implementation. It is often used for getting measures for investments (from banks, investment funds, form present or potential shareholders, funds of assistance measures) . What is more, it is a document which is used for control of enterprise implementation by capital providers and company managers.
The typical business plan includes at least:
- Marketing and selling action plan;
- Cost plan;
- Source plan;
- Source of funding plan, together with financing schedule;
- Technological part of enterprises plan.
What is more, it is necessary to create feasibility study or risk analysis which is involved with its implementation. Depending on the kind of enterprise it can be necessary to analyse additional issues – legal, connected with environmental protection etc.
During the preparation of business plan we cooperate with many specialists from different fields: finance, marketing, law, logistics, environmental protection, production technology and other technologies which depend of the kind of enterprise. We can ensure complex service both form legal and economic and technical side.
Well prepared business plan will:
- Reduce the risk of enterprises failure;
- Be a good argument for negotiation with bank of credit condition;
- Enable to plan necessary sources;
- Make the control of information flow easier.
We offer preparation and verification of business plans to the companies’ owners and managers, representatives of council authorities, the unit of public administration and analysts of financial institutions.
Company value is the result of valuation which is distinguished in regard to law and economic organizational unit which has particular potential in shape of fixed and financial assets and different intangible values and features. Depending on the aim of valuation, this value is defined by using different methods, such as: profitable, financial, composite, comparative.
There are many reasons in market economy, which coerce and substantiate conduct of valuation of companies.
The most important fields/events which require valuation are:
- Buy/sell transaction,
- Privatization, winding-up,
- Merger,
- Strategic management based on criteria of company value formation.
- Determining collateral value of loan repayment
- Revaluation of balance assets value (including evaluation of shareholding),
- Introduction of internal economic account in regard to particular units which are part of organization.
Benefits which come from using the evaluation of companies are the result of their fundamental function:
- Consulting - inter alia providing necessary data about the value of the company in connection with the implementation of capital transaction.
- Argumentative - connected with consulting, which gives possibilities of selection of information which intensifies bargaining power of each party to a transaction.
- Informative - providing information about company standing and its developing prospects.
- Protective - protection before the possibility of appearing disputes about valuation background, particularly in the event of the extension of the shares of the same capital group.
The valuation is directed towards managers of senior and average level companies, analysts of financial institutions (banks, insurance companies), State Treasury in regard to privatization process and individual entities which are interested in investment activity.
11. The valuation of brand name
Numerous canvassing transactions of companies in last 20 years have shown the growth in importance of the brand names during the valuation of companies. The brand name is intangible assets of companies, which in many cases decide about their total value. Like the valuation of companies, the value of brand name is defined by using different methods, such as: profitable, cost, market.
The value of brand name benefits come from different needs of interested parties.
The valuation of brand name is used in:
- The purpose of financial reporting – in case when accounting regulations authorize including brand names in companies’ balance. It lets on for example improvement of valuation of financial situation.
- Tax purpose- in case when tax regulations give possibilities of depreciation of intangible and law values. The increasing of effects of tax credit is possible in such situation.
- Merger process- both in the case of purchase of all companies as well as during purchase/merger of particular brand name, or other intangible assets.
- Processes connected with brand name management.
- Sale of licence agreements which are related to use particular law to thought, brand etc.
The valuations of brand name are directed towards managers of senior and average level companies, analysts of financial institutions (banks, insurance companies, investment funds), and individual entities which are interested in investment activity.
12. The valuation of fair value
The valuation of fair value is made for needs of financial reporting which is conducted in accordance with International Accounting Standards (IAS number 16) and Polish Accounting Act .In accordance with IAS number ‘Tangible fixed assets’ fair value is amount, by which in market conditions the component of assets can be changed between interested and well informed parts of transation.
The same definition of fair value should be ascribed to valuation of fair value for needs of Polish reporting.
In accordance with accepted principles of the valuation of assets (including machines and devices)market value is usually defined by using one of two ways of valuation:
- a comparative approach - decisions about the market value of fixed assets through comparing transaction prices received for other, the same or similar objects on free market in the same time and on the same land
- an income approach - decisions about the market value of fixed assets through defining the size of possible influences for possessing or using particular element of assets. However, in case of mobile fixed assets this approach is only used in cases of the knowledge about the size of income which is produced directly by particular fixed assets.
Cost approach through definition of restoration cost in market condition is usually used valuation method, when there is lack of possibilities of the valuation of fair value in accordance with mentioned principles
This method is usually used and required valuation method which purpose is to define market value (including fair value) of fixed assets, particularly in case of lack of general market and individuality of mentioned solutions.
The valuation of fair value is made by certified property valuer.
We offer preparation of the valuation of fair value mainly to head accountant and managers of senior and average level companies.
13. Analysis of the company situation (Due diligence)
Due diligence is a process of thorough analysis of company functioning with process of conversion of proprietary companies: privatization, merger and takeover. Due diligence is objective analysis of state of the enterprise which purpose is to define weak and strong sides and point areas of appearance of potential danger.
There is requisition for skills of defining and valuation of potential risk on Polish market which can occur in case of purchase or merger.
Services of due diligence which are proposed by our company include analysis:
income, cost, financial statements, property, company financial structures, circulating capital requirements, leverage effect and indicative.
Correct due diligence analysis is usually crucial success factor with merger which enables:
- -assessment of risk connected with transaction, which includes both investment risk in particular company and risk connected with line of business where company works;
- -understanding the specific of company and line of business functioning, cost structure, market and customers etc.;
- -elaboration of negotiating strategy with transaction, obtaining extra negotiating arguments;
- -proper planning schedule transaction;
- -obtaining information for entity integration planning process within the framework of new ownership structure ;
*) due diligence – analysis of company state and action
14. Motivation systems and remuneration system
Company success mainly depends on its workers. Their knowledge and skills are crucial, but mainly their commitment and determination in pursuance to implementation of objectives and tasks. Correctly constructed motivation system supports workers’ behavior in accordance with company objectives. Good wage scale enables raising effective workers and conducting flexible remuneration policy.
We design motivation systems, which include wage and non-pay motivation, for all company workers. Main attention is devoted to crucial people in organization- middle and senior management, dealers and attendants, finance managing persons
We propose preparation of wage system which take into account company Policy, strategy and abilities, and systems which ensure obtaining value workers from the job market.As a result of workplace evaluation, employer knows the value of particular employees’ work and he pays for it.
Effects and benefits:
- Workers are personally interested in company success, they care for improvement of their work
- Creativity and initiative is realised on the organization
- Employer knows how much money he pays his employees and why does he do this
- Workers’ potential is used in maximum range
- Productivity rates improve
Who needs it?
Companies which want to increase work effectiveness. Employers who think that their workers can work effectively and be more devoted. New motivation and remuneration systems are particularly needed to companies which face new challenges from market and competitiveness.