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Establishing your business in Estonia

Strategy and Development Plan

In times of uncertainty and volatile change a clear, long-term corporate vision is particularly important. Strategies need to be flexible so they can change with economic swings, but the vision must be steadfast and clear. Strategic planning involves taking a strategic perspective beyond the next operating year and usually takes place at a more senior level within the organization.

Our consultants work side by side with top management to clarify issues, refine ideas, and give them shape. Our strength comes from the ability to understand things in a broader context–to look at markets, trends, customers, the competition, and the organisation itself–and then use that knowledge to ensure that the future direction can be successfully implemented.

The result of this process is a plan to help ensure that the company’s strategy is turned into definable, accountable action steps.

Key activities

·       Identify your purpose (mission statement)

·       Select the goals your organization must reach if it is to accomplish your mission

·       Identify specific approaches or strategies that must be implemented to reach each goal

·       Identify specific action plans to implement each strategy

·       Monitor and update the plan

Practical end-results

·       Acknowledged long-term goals and methods of achieving them

·       Ability to assess the long-term suitability of short-term decisions

·       Analysis of business risks and creation of mitigation/reduction plans

Business Consultancy Grant for Strategy and Development Plans

Quality consultation services are often too expensive for Estonian companies or foreign companies registered in Estonia, therefore hindering them from further developing and sustaining their competitiveness.

Through the EAS Business Consulting Programme, small and medium-sized companies can purchase business consultations from professional consultants at affordable rates and then apply the know-how to raise their competitiveness.

Eligible Costs: use of services of consultants.

Maximum Rates for Financing Application: up to 50% of eligible costs, maximum of 200 000 EEK per applicant per year.

For further information please contact us at PW Partners.

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