ROADMAP. Planning is an art
A roadmap serves as a strategic blueprint to address specific challenges within a designated timeframe by focusing resources and assessing risks. It offers a framework for crafting a management approach that optimally fosters the achievement of predetermined objectives.
Business development involves assessing risks and opportunities and orchestrating activities to execute the strategy. In essence, it's about translating planned tactics into strategic implementation.
ROADMAP. Planning is art
It forms the cornerstone of all efficient endeavors. Through planning, the business objectives are delineated, business processes are structured and supervised, and the sequence of actions is outlined. Essentially, a business plan can streamline operations, ensuring the business functions effectively. Business planning should address several key questions:
- What issue does the business aim to address?
- Does it address the pertinent concerns and respond to the cultural nuances of the society?
- What competitive advantages does it possess compared to other offerings in the market?
Financial tools: Let’s choose together
When considering business development and effective management strategies, the choice of financing instruments becomes crucial. Whether it's investments, loans, or other options, selecting the right tools is essential for initiating, improving, expanding, or revitalizing a business, thereby directing targeted financial solutions.
A business operates with purpose when its inception, ongoing processes, potential breakthroughs, and risks in achieving set goals are predictable.
If you're aiming to expand your business by
- boosting production volumes,
- upgrading essential equipment, and
- incorporating new machinery,
exploring financing leasing options could be the key to fostering sustainable growth and broadening your array of business opportunities.
Leasing Financing
Leasing, a form of financial lease, entails acquiring property through a predetermined fee outlined in the leasing contract. It represents a novel financial avenue in business planning. Through the leasing agreement, the lessor commits to purchasing designated property from a seller chosen by the lessee and transferring it to the lessee for temporary use in exchange for a fee.
What does leasing finance provide?
Lease financing allows you to:
Utilize the equipment to generate profit without assuming ownership, with the option to secure ownership at the lease's conclusion.
Incorporate the leased asset into the company's balance sheet.
Manage VAT expenses.
Acquire essential resources without additional collateral.
Finance aligned with the actual usage term of the leased asset.
Converse Leasing
Converse Leasing, as a leasing financing option, is carefully tailored to meet the needs of both consumers and suppliers. Offering competitive financing terms, the Bank extends a broad range of opportunities across various sectors, catering to small, medium, and large enterprises alike. From commercial real estate to agricultural machinery, industrial and medical equipment, as well as various vehicles, including helicopters, and even solar plants, Converse Leasing can accommodate a diverse array of assets.
Converse Bank participates in Leasing EXPO 2024
Both in 2023 and 2024, Converse Bank is participating in the Leasing EXPO 2024 exhibition, which will take place in Yerevan on April 12, 13, and 14. Again, you will have the opportunity to familiarize yourself with new financial products for three days in a row. Converse Bank, as a financial banking institution, will present its Converse Leasing service, as well as present the innovations of the sector.
Regarding Leasing EXPO 2024:
Dates: April 12th, 13th, 14th.
Location: Meridian Expo Center.
Opening Hours: 11:00-20:00.
Leasing EXPO 2024 participants include companies offering financial banking services and innovative solutions beneficial to both corporate entities and individuals. Visitors will have the opportunity to explore the latest technological advancements in the industry and receive proposals from both international and local companies.
We continuously broaden our service portfolio, aligned with market trends and the needs of the business community, by introducing innovative solutions in the leasing financing culture.