LIMBA consulting Ltd. is the company focused on providing its clients with services of consultancy and with functional solutions, which concern following areas:
LIMBA consulting Ltd. is the company focused on providing its clients with services of consultancy and with functional solutions, which concern following areas:
LIMBA consulting stands on the base that is represented by the long term expertise and experience of its people in the areas that were mentioned above. We are in a long term attendance on our clients supporting them at improving their routine processes as well as at their strategic decisions making.
More info
Whole surrounding world that we are a part of and that has so many shapes – all of it fascinate us. It is endless scale of nature pieces, human works, events, causes, consequnces, as well as subjective perception all of it.
For an example - certainly you know swiss stone pines - these amazing (limba) trees. They decorate valleys in Tatras mountains, where we go to admire their beauty and perfection. There they are exposed for long ages to all of nature elements, which were able to force all other trees out. But despite of that these swiss stone pines are still there - alive, strong, healthy and beautiful.
If we take a closer look at these trees from a little different point of view, we cannot miss that they are a very complex system. Their longevity, so-called long-term sustainability, is assigned by their internal “systems” that are designed and tuned with a divine perfection. As long as these systems work well, these trees endures ages there. But if something disrupts this fragile system … then these trees either withers or dies.
Does it ring a bell? Can you already see the same things there in limba tree as we can see? Do you see there such a system, that we all try to imitate with human being imperfection – when we want to do something well, in the long term, sustainably there at home, or in business?
Yes, these trees had inspired us to do that what we do through our consulting services and functional solutions. We help our clients to build such processes, which help them to keep the internal balance of their enterprises or projects, in order to sustain in the long term and reach wanted goals.
Because of that “limba” is part of the company name LIMBA consulting.
Do you put such questions to yourself? Do you find reliable answers?
„Why don't we have enough cash? Why do we have suddenly a lot of cash? Can we spend them and for what? What is the reason? Loss? Profit? Capital Expenditures? Receivables? Payables? Debt Service? Dividends? … Which products, merchandises? Which activities? Which departments? Which costs? Which Revenues? Which managers, employees?“
The market environment that enterprises operate on, offers them a lot of opportunities to generate revenues. But only these enterprises are sustainable in the long term, which are able to do it by spending only as big amount of expenses as it allows them to generate sufficient amount of profit – as a main source of long-term economic sustainability. Of course, it is needed to come up to many other precoditions.
Sustainability of enterprise depends, except of others things, surely on efficiency of its internal processes as well as on level of their internal control. Only efficient processes of internal control give to managers and owners the possibilities to look for and to find the root causes of some internal economic phenomenon and their measure – to reach planned goals.
Many enterprises and projects have got huge hidden internal positive reserves. Lack of their utilization means real financial loss that is the same name for not-realized profit. Many owners and managers ignore that or do not realize it fully. But many other of them know it well and work systematically on building internal control processes.
Today in the middle of “informatization” ages it can have or often it really has the form of mammoth investments into mammoth information systems. Very often such an investment into such a system is necessary and essential. But only system acquisition without valuable implementation may not bring wanted results. There are maybe too often beside some benefits also certain, smaller or bigger disappointments.
According to our opinion, good implementation of any system supporting internal control starts long time before performing pre-implementation study that is done usual by supplier of system and implementation. Essential and correct concept should be created much sooner – there in minds of owners, managers or their advisors – much sooner before their decisions concerning to which system do they really need. They very often put such questions:
„Expensive? Cheaper? Slovak? Foreign? Which one? Or we already have system and: can we extract more from it?“
In such a case the will and convince of owners and managers is the most important internal element. Will and convince should go hand in hand together with experiences – how these systems and processes should be designed and delivered by supplier. During this phase success is born as well as risk of failure at the end.
A sickness of our times is an exposure of managers to the flood of enormous amount of data. Very often because of their big amount, not suitable structure, form, granularity, inkonzistency those data are not valuable managerial information, which should describe the reality keeping with common business logic and accuracy. Such a situation might lead managers and owners to make wrong conclusions and following decisions, which could have in some cases the fatal consequences. Medicine for this sickness was discovered long ages ago, only correct application is needed. It is strictly structurized approach to the primary processes data acquisition and their correct transformation to the suitable managerial information.
In this area LIMBA consulting offers to clients services that can be supported through its own LIMBA technical solutions running, for example on the base that could be data of general ledger, stock or production. In cases when implementation of bigger sophisticated ERP systems is needed, LIMBA consulting can assist you during whole process – since concept proposal, throughout decision making process “which system to buy and implement” till go-live and operation phase of that system.
LIMBA consulting offers services concern to the next spheres:
Do you look for the capital for your business plans?
„Capital expenditure, Working capital, Debt restructuring, Expansion, Acquisition, Development, Start-up...“
The capital is life-giving sap of business and too often enterprises or people have it got less than they would wish. Running enterprises miss capital when they want to extend their assets and business. Or they have enough capital at the time, but its unsuitable structure or related repayment schedules could be the source of near future possible risks or defaults. Nearly always green field projects miss the capital.
Potentially available capital is located at commercial banks, leasing companies, private equity funds or individual investors. All these potential creditors and investors apply similar approaches to evaluate risk and set security in accordance with their investment opportunities. All of them together say that they very often miss valuable, relevant and consistent information during this process. Note: Good business plan could be with a bit of fantasy compared to good architectonic study or project in case of building project.
Rejection of otherwise promising project or request could be the consequence of that.
Contrary case could be too optimistic subjective view of client on his own project which can be objectively exposed to pretty high risk. Such a project should be rather stopped after its feasibility study. It means sooner than a real financial loss could happened.
LIMBA consulting offers in this area services as follows:
Ownership relations are continuously exposed to potential changes. Time could bring various situations when owners think about, they want or they are forced to change their ownership relations to their enterprises or their relations to their partners. All that is about complex processes because there is needed to accomplish multilateral agreements having economical, accounting and legal dimensions. They demand time, energy, patience and some level of expertise from all related parties.
LIMBA consulting offers in this area services as follows:
Our experiences say us that there under some circumstances it is not needed building of large organizational structures to reach wanted goals. Under such circumstances, it is more important to be able to complete just the team that is suitable for reaching just that specific goal. After that, team could be dismissed in order to be completed again - maybe a little bit different, to be focused on new project and new goals.
From these reasons you will also find external partners of LIMBA consulting (experts in their disciplines) that support us and cooperate together with us when it is needed.
External expert supporting company by IT services (administration of IT, data security, and programming)
External expert supporting our company as commercial lawyer.
Partner supporting company by activities of translation and interpretation.
Surely you have got maybe simple, but useful things around, which can save your energy, time or bring other benefits or positive changes. You like them because they are products of your or somebody's brain work or refinement and because they were created for helping and they can really help. Till you haven't got them you maybe didn't need them. Today you can't imagine your life without them.
Common stick can be a leverage, which can help you move heavy burden... Small helm can change the direction of large heavy boat... Identification of root case of some problem can help to eliminate it and avoid following losses... Simple improvement on production process can help to increase its productivity... Understanding of cost of activity can help prevent big financial losses...
Our vision is:
„To become reputable supplier of solutions, that is useful for our clients.“
Missions are roads leading us to the visions.
Our missions are:
LIMBA consulting and persons standing at its background know that roads to the visions are bordered by values.
Our values are:
Consultants of LIMBA consulting have participated in many successfully accomplished projects and are participating in currently running projects.
We present below only the most important projects, which success was reached thanks results of LIMBA consulting people
