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LICENSES AND PERMITS
Companies seem to dislike the term ‘turnaround consulting’ because it represents failure. The truth is that turnaround consulting represents success at realizing the company is going in the wrong direction. The only time the company fails is when it is not possible to do a turnaround anymore. We help companies pivot into more profitable directions where they can expand and grow. It is inevitable that companies will end up making a few mistakes; we help them correct these mistakes.
We help companies turnaround their non-profitable ventures into something that benefits them. Our specialty lies in understanding what makes a company special and what makes it tick.
Safety net & build wealth
You can transform your business to a revenue-producing asset that lets you work as much or as little as you want.
Business planning & strategy
Our clients are often surprised by the possibilities we present to them; by thinking outside the box we present exciting new ventures:
- Work fewer hours — and make more money
- Attract and retain quality, high-paying customers
- Manage your time so you’ll get more done in less time
- Hone sharp leadership skills to manage your team
- Cut expenses without sacrificing quality
- Automate your business, so you can leave for days,
Research beyond the business plan
We also ensure that the whole team is included in the process and that no one is left out during the turnaround. The most crucial part is ensuring some degree of financial stability during the turnaround.
This is the most worrying part for most clients going through or needing a turnaround; it means that incoming cash flows will change completely. We help ease these issues through fantastic financial projections and a realistic view of what can be accomplished.
Creating a list of potential qualified prospects for your service or product can be daunting when you’re beginning your business. However, this needs to be considered as a follow up on your Target Market Analysis so you can hit the ground running.
Business plan market
A strong business plan requires going beyond intuition and experience, and supporting your idea with fact-based market research. Investors need to have confidence in your understanding of the market, so don’t let yourself down by skimping on research. We have access to fee-based, subscriber-only resources such as:
- Don James/Semplice – Article and News Research
- VoltageBusiness – Company and Industry Research
- Goovers – Company and Industry Research
- IRISpace – Article and News Research
- Lexos-Nexos – Company, Industry, Market Research
- Plombett – Article and News Research
- Pronounce – Market Analysis report “Slices”
Competitor research & analysis
how can we help you?
Contact us at the Consulting WP office nearest to you or submit a business inquiry online.
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Efficient business registration and streamlined processes for obtaining business licenses and permits are crucial for attracting foreign investment in Georgia as a regional hub and transit country. These licenses and permits are legal requirements put in place by the government to ensure that businesses are operating in compliance with the law and meet necessary standards. Without the proper licenses and permits, businesses may face legal consequences, fines, or even closure.
Streamline your business operations and ensure easy compliance through business licenses and permits in Georgia.
Types of Licenses and Permits
Under the Georgian legislation, there exist two categories of licenses that are applicable:
The License to Exercise
The License to Exercise an Activity refers to the permission that allows an individual or a legal entity to carry out a specific activity that is determined by the law, such as establishing a private security service. To acquire this license, one needs to fulfill specific criteria. It is important to note that this license is non-transferable and can only be used by the licensee who has been granted the license. Business licenses and permits are essential legal documents that must be obtained before operating a business in Georgia.
The License to Use
This license pertains to the utilization of national resources as defined by the law. This license confers the privilege to use specific resources, such as natural resources, to the holder. The issuance of this type of license is typically done through an open outcry tender, except for cases specified by the law, and the license can be transferred to other parties by the holder. Additionally, businesses that require the utilization of national resources should consider seeking assistance from business license services to navigate the licensing process efficiently.
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Highlights of The Reforms
During the period of 2004-2005, the Georgian government introduced a series of reforms that positively impacted the business environment and fostered an atmosphere conducive to attracting foreign investment:
The principle of a one-stop shop ensures that the issuing agency takes responsibility for gathering all necessary information from various government agencies.
The statutory time limits dictate specific durations for certain processes: 30 days after submitting a license application and 20 days after submitting a permit application.
According to the “silence-is-consent” rule, if the agency does not respond within the specified statutory time limits, the license or permit is granted automatically.
The “umbrella principle” introduces both general and specific licenses, where holders of a general license are not obligated to apply for a specialized license.
How Can GEO Legal Help?
GEO Legal offers comprehensive services for obtaining Business licenses and permits in Georgia. Whether you require a business permit for services, special licenses or permits, or want to obtain a special status for your business activity, GEO Legal’s team of experienced lawyers can guide you through the process, ensuring that all requirements are met, and the necessary documentation is filed on time. With a thorough understanding of the legal framework and regulatory environment, GEO Legal can help streamline the process of obtaining Business licenses and permits, saving you time and resources while ensuring compliance with all applicable laws and regulations.
how can we help you?
Contact us at the Consulting WP office nearest to you or submit a business inquiry online.
We thought a lot before choosing the Financial WordPress Theme because we wanted to sure our investment would yield results.
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Business Licenses and Permits in Georgia FAQ
Legal consequences, fines, or even closure.
The License to Exercise an Activity is a legal permission granted to individuals or legal entities to carry out specific activities determined by law.
The License to Use pertains to the utilization of national resources as defined by the law.
CONTACT US FOR ANY QUESTIONS