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New business development (NBD)

New business development is a crucial process for any company striving for growth and success. It encompasses a wide range of activities, including market research, the creation of new business models, growth support, alliance building, and M&A support. These activities demand a diverse set of skills and expertise, including strategic thinking, relationship building, financial analysis, and marketing. Given the complexity and the need for specialized knowledge, this work is best suited for professionals in business development.

 

In today’s fast-paced business environment, companies encounter numerous challenges, such as disruption, limited market stage, and mature market stage. New business development serves as a powerful tool to overcome these hurdles by identifying fresh opportunities, crafting innovative solutions, and forging strategic partnerships. By investing in new business development, companies can maintain a competitive edge, expand their market share, and enhance profitability while effectively managing risks.

At LiB Consulting, we are fully committed to helping our clients achieve their desired results. We understand the importance of new business development and the common issues that companies face throughout the entire process, from business plan development to the implementation phases.

Market research

  • In situations where data is scarce, the LiB team will employ various methods to gather comprehensive information. This includes conducting on-site interviews, making cold calls, utilizing our network to interview industry leaders, and taking lawful measures.
  • With our international network of experts, including top management from world-class conglomerates, start-ups, and ventures, we can expedite the market research process by at least three times faster than our internal processes. This allows us to overcome limitations such as time or expertise and provide our clients with valuable insights in a timely manner.

New business model creation

  • LiB follows a multi-step approach to create a new business model. This includes conducting test marketing/test selling that leads to the Proof of Concept (PoC) to validate the value proposition and gain customer targeting insights. 
  • Our experience in creating businesses and start-ups in various countries ensures that we establish clear revenue streams and guarantee the scalability of the business model.

New business growth support

  • LiB offers hands-on support to help businesses grow. This includes visiting the actual site, conducting sales to real target customers, and taking other necessary steps to understand the hurdles faced by the business. Our goal is to speed up the business growth.
  • Instead of employing a traditional “waterfall approach” commonly seen in management consulting, LiB adopts an agile approach with a fast cycle of Plan-Do-Check-Act (PDCA). This allows us to adapt to changes in the hypothesis and market situation quickly and effectively.

Alliance building/M&A support for new business

  • Our extensive network enables us to acquire valuable information on companies through financial and trading institutions. We prioritize “primary information,” which enables us to make fact-based decisions instead of relying solely on desk research.
  • Our approach to M&A differs from that of a traditional advisory firm seeking success fees. We view it as a tool to reach our clients’ objectives and resolve their challenges. If M&A is not the best course of action, we will explore other options without hesitation.
  • LiB has the unique ability to enhance the financial performance of acquired and merged companies, thereby increasing their overall corporate value after the acquisition. We achieve this by leveraging our expertise in constructing detailed business due diligence (BDD) and models.

Case Study

The company aims to establish a new business that will serve as a prominent revenue stream in the future…

The car manufacturing and sales industry, which serves as the company’s primary business…

The company is deeply concerned about the changes in the automotive industry…

The car manufacturing and distribution industry, which constitutes the core business of the company…

Glafit is a company specializing in the manufacture and sale of small personal mobility devices…

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