Photo - Training Center in Georgia
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Training Center in Georgia

Georgia
Market: Consulting
Stage of the project: Operating business

Date of last change: 30.05.2017
Min investment
$  5.000
0
Total required
$ 5.000
Rating
equalizer 148 из 1000
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Idea

Book-keeping, tax declarations, consulting, financial reporting
I would like to enlarge my business and open the training center (Foreign languages, preparation for exams in Georgian Universities, International Accounting and Standards, Mathematic, legal services). I need amount for renting the real estate (building for training center and MConsulting office and for purchasing furniture).

Current Status

I am 100% owner and one employee in the company. Working remotely, serve several small companies.

Market

Clients to b provided the financial reporting, book-keeping and data entering services are everywhere in countries who uses ACCA, IFRS and GAAP.

Clients to be provided by tax declarations are in Georgia.

Clients to be provided with trainings and teaching is in Georgia.

Problem or Opportunity

It is very hard to enter in this business. I have the facebook page, but I get just likes from that. The challenge is the national specific in our country. First comes relationship and second comes proficiency. Also, here is not the culture of remoted distance services.

Solution (product or service)

Legal services (preparation contracts, consulting), accounting services (book-keeping and tax reporting, preparation tax declarations in Georgia, financial reporting, financial remote data entering). Training center and teaching.

Competitors

The partly concurrents are former tax inspectors that have their audit companies, but they work for Georgian contingents. Also, they more are oriented on audit, either on book-keeping and legal services. I am oriented on to Georgian companies with foreign owners. I am oriented on new companies and new students.


Advantages or differentiators

The strong sides are: remote services, law prices in comparison with concurrents,  easy communication, high level of executed work, 24/7 services, consulting are provided in Georgian, English and Russian languages, high level of discipline and ethic, quick response and execution of services. Several services those are reflected to each other are provided in one company.

Finance

I will present the price list of my services if you will show the interest in my project.

Business model

Remote business. Communication with clients is established by email, phone, viber, skype, facebook and face to face.

For training center the communication is face to face and distance too (the online courses are available too)

Money will be spent on

To purchase the office furniture and equipment and for rent fee for startup period 10 months starting from september 15, 2017.

Offer for investor

I would like to be given with 200 kv.m office in Tbilisi (one room like conference room/classes, 2 rooms like office), Georgia, at least for 2 years, with furniture (15 tables and 30 chairs, WFI,) instead of 49% profit. All other needed equipment will be insvested by me or instead of providing presented services by me for the company/person - investor for the same period.

Risks

The risk is if any new companies will not be registered in Georgia  and will not be involved to become my clients.
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