Economic intelligence and its benefits
"Economic Intelligence" is, however, a legal means of action that is permitted for use by detective agencies and business intelligence agencies, in which I will describe its properties in the following article. A detective agency that performs observation activities for a particular company or co-operating company usually uses commercial or commercial intelligence to prepare an economic report. It is not just another legal and permitted acquisition of information about the business entities, their functioning and their profile of activity.
By using such activities the detective office is in possession of knowledge about the competition and in what economic condition they are located. It also gives you the opportunity to become acquainted with the current legal status and all legal aspects that could affect the functioning of this business. Before we decide to partner with a business, it's a good idea to check out a potential contractor by a detective agency, as this is a sure way to avoid fraudulent and unreliable business partners through whom we could be exposed to financial losses, financial fluctuations and, in the worst case, shutdowns. The detective's actions are carried out with complete discretion.
Business intelligence can also be carried out as to current business partners, so a report prepared by the detective agency will allow us to evaluate joint development of business cooperation and to verify potential benefits in the future. The result of this activity is a detailed report describing the financial condition of the company, the history of its activity on the market and the relationship of management, which allows to determine the degree of credibility and reliability of the future contractor. Two types of interviews can be distinguished:
- A debt collection interview will allow you to determine the debtor's property, property, movable property, claim or hidden property. Such information is essential in preparing an effective debt recovery strategy and recovering your receivables.
- The interview will answer the question of who are the people you are planning to work with. Assets, strengths and weaknesses of potential counterparties, or receivables are key information that can help you determine how your future business partner is a credible partner.
