Usefulness of business intelligence for business owners
The information obtained is to help the entrepreneur decide to cooperate or determine the direction of development, thanks to the exact knowledge of how the competition works. The detective advises to entrust the conduct of economic intelligence to a detective agency, because collecting and analyzing data requires experience and skills. The entrepreneur can, admittedly, undertake to check the contractor on his own, but it is very laborious and often complicated. Self-checking a business partner requires determining whether it is entered in the National Court Register (KRS) or from the register of business activity and what capital it has, whether bankruptcy or reorganization proceedings have been initiated against the contractor. When checking the contractor's reliability, the entrepreneur should also refer to the database of the economic information bureau (BIG) to determine whether he is listed there.
Using the services of a specialized detective agency guarantees efficient and professional conducting of business intelligence on the contractor and his business and political connections affecting the security of doing business with him. The detective explains that the starting point of his intelligence activities is a thorough knowledge of the business partner's assets. This is important because the higher the value of transactions concluded with the counterparty, the greater the risk of losing the company's funds. When undertaking an economic intelligence, an experienced private detective must also take into account that the assets of the checked company are not only fixed assets, real estate and movables, but also the know-how of employees, databases, blogs and articles that earn money, as well as the company's brand itself and its market position. One of the most common sources about the contractor is the data contained on its website, as well as recommendations from current partners and customer reviews.
The help of an experienced detective is especially recommended when checking a foreign contractor. Data on its functioning on the market are more difficult to obtain. A business intelligence conducted by a detective will provide authoritative information about the exact place of business of a foreign contractor, its assets and reputation. In addition to gathering information about a business partner, an important role of a private detective is to analyze the collected data and draw conclusions from this analysis that will facilitate making a profitable and safe decision to cooperate with a potential business partner.
