The structure we deliver is based on the level of intervention you choose to undertake. Thus, we as a business development service can be classified into one of the following three categories:

• We as BDS providers take on the highest level of intervention in business development. These can be private for-profit and non-profit firms, NGOs, or national government agencies offering free continued business development services.
• BDS providers communicate directly with recipient companies or individuals.
• We act as a institutions in the private sector that provide constant subsidies for business development to startups and SMEs without monetary transactions.
• We take the least amount of intervention that promotes the proper functioning of the free market by simplifying service provision or resources necessary to clear initial obstacles for SMEs and MSMEs to make them self-sustainable.
• These international or local firms focus on developing BDS markets locally by targeting providers with new services, enforcing best practices, etc., and recipients with information, education, advice on BDS purchases, etc.
• We calculate the impact that can be made through providers and help create better policies the customers. Institutions that comprise BDS facilitators are usually public firms or NGOs backed by the government or donors.

 What is Business Development Service?

The first distinction between business development services we can deliver is  formal and informal business development.
We as a service contractor provide to a business owner based on arrangements made through agreements and conditions between two parties.

A formal business development service consists of private firms, consultancies, or public sector organisations that provide their specialised services commercially for a fee or free. Formal service providers focus on making profits and growing their organisation with their offerings.

Startups and SMEs (small and medium enterprises) often leverage informal BDS for free by not contacting private or public firms. These organisations rely on their sphere of influence (SOI) to obtain information and use publicly available mediums like television, newspapers, the Internet, etc.

Categories of Professional Business Development Services

Reach the right clients with growth potential: Professional business development services must be connected to the ideal clients that show potential for optimal profits and competitiveness in the future. The BDS services are commercial transactions (financial or otherwise) between providers and MSMEs.

Demand-driven: BDS providers must offer services like information and training based on the exact market requirements of startups and MSMEs for more impact on recipient organisations and profits for BDS agencies where the clients pay for valued services.

Maximum outreach: Creating a learning network through information sources and reinforcing private-sector BDS providers helps MSMEs acquire high-quality services and training to address immediate market demands. Maximizing the outreach of business development services to startups is usually achieved through informal BDS services like information from SOIs, commercial transactions with clientele and contractors, and on-site training.

Integration with financial services: Business development and financial services might differ in functionality, but an optimal BDS performance relies on integrating these two parties. Despite their integration, separate units must operate these services within the organisation.

Impact-driven: The growth of recipient organisations depends on projected profits, preexisting entrepreneurial skills, and adequate access to professional business development services.BDS providers must monitor performance metrics diligently to identify organisations in which they can make the most impact on enterprises that address specific market demands.

Our Management board is a mix of experienced business developers  and finance experts.