Model

About The Business Innovation Hub:

The Business Innovation Hub (the Biz Hub) is an initiative of the American University of Afghanistan (AUAF) established on 1 November 2013 with the mission to provide high-quality business management and leadership services to Afghan companies that have both the potential and the interest in further growth. The Biz Hub was created based on the need recognized in the Afghan Market for a center where businesses can find a reliable and result-oriented set of services that help them grow.

Working through a team of highly educated Afghan and international consultants with extensive local and international business experience, the Biz Hub offers practical and dynamic expertise needed to accelerate Afghan businesses. It provides these services through long-term relationships combining training, consulting and coaching in a holistic and tailored package.

The Biz Hub MAKES THE DIFFERENCE through: 

  • Commitment to long term success – keeping our eyes on the long-term, not on short and quick-fix business solutions
  • Theory and Practice – a team of business experts with practical field experience backed by top business theory from business professors
  • Owning the Results – partnering for success and sharing the risk with the business
  • Comprehensive and Precise – offering a need-based, impact-oriented and solution-based service package to accelerate the growth of businesses

The POWER of the Biz Hub:
Businesses that enroll in the Biz Hub will work alongside a team of professionals that take an approach that is based on the most effective, long-term solutions rather than short-term fixes.

Led and managed by an experienced team of business experts with:

  • More than 70 years of business experience within Afghanistan.
  • Local knowledge of the Afghan business climate.
  • International knowledge of global best practices.
  • Committed to the development of Afghanistan’s private sector.
  • A robust network of business leaders and financiers in Afghanistan and around the world.

The Biz Hub – Comprehensive SERVICE OFFERINGS:

The Biz Hub also provides a variety of services for businesses at all levels of development:

  • Needs Assessments and Analysis
  • Business Plan Development
  • Business and Marketing Strategy
  • Financial and Accounting System Setup and Training
  • Retail and Direct Sales Setup and Optimization
  • Business Process Management
  • Expansion Planning
  • Human Resources Management
  • Executive Training and Coaching
  • Business Partnership Facilitation
  • Access to Capital

Service PRICING MODEL:

The Biz Hub believes the days of free donor money are quickly fading.  While donors still play an important part in the development of Afghanistan, the time is now for Afghan entrepreneurs to lead the way.  Part of the transition is to create a sustainable model for pricing services.

The Biz Hub believes that its success should be tied directly to the success of its clients.  So a pricing model has been created that reflects this core principle.  Once an assessment has been made of the services needed by the client company, a service fee package is created combining monthly cash fees and, more importantly, Revenue Growth Sharing (RGS).  RGS ties a portion of the service fee to an increase of revenue over the term of the contract.  In other words, if the client’s revenue grows from the baseline, the Biz Hub will be paid a percentage of that revenue growth as a service fee.  If there is no grow, there is no Revenue Growth Sharing.

Company SELECTION CRITERIA:

Companies from all business sectors are accepted into the Biz Hub based on the following criteria:

  • The business is commercially viable and has the potential for growth
  • The owner/management of the business recognizes the need for change in the business to accelerate its growth
  • The company has a valid business license issued by the Afghan government as well as any other registrations necessary by law
  • The business and its owners are free from any past or present criminal activities
  • All parties are committed to practice business ethics and place a high value on trust and integrity

Facebook

Copyright 2017 © Business Innovation Hub at the American University of Afghanistan. All Rights Reserved.