Alic Consulting Established Local Branch Office In Bosnia

We established a local branch office in Bosnia and Herzegovina. Location can be tricky but we decided it will only be fair to open another office in a centralized area accessible to all. Zenica has sentimental value for us, since both co-founders were born there however our reasoning to open a local entity was to secure more perks and benefits for our workers in this beautiful country in Europe.

#1 What is local branch office

Local branch offices are a common feature of many businesses that operate in multiple locations. These offices are typically smaller than the company's headquarters and serve as a hub for employees who work in the area.

#2 Why to establish local branch office

Local branch offices are important because they allow companies to establish a physical presence in new markets, providing easier access to local customers, partners, and suppliers. They also enable companies to offer localized support and services, which can be crucial for building strong relationships with customers and clients. 

From an operational perspective, local branch offices can help companies reduce costs by minimizing the need for travel and remote collaboration. They can also provide a more efficient way to manage resources, inventory, and improve communication between teams.

#3 Before you establish your local branch office you need to know

Managing multiple branch offices can be challenging. Companies must ensure that each location is properly staffed, equipped, and managed to maintain consistent quality across the organization. They must also ensure that each location adheres to company policies and procedures while allowing for flexibility to adapt to local market conditions. 

Overall, local branch offices can provide significant benefits for businesses looking to expand their reach and serve customers in new locations. With the right management and resources they can be a key factor in driving growth and success.

If you don’t need a branch office, but are looking to hire talented staff while saving money on costs then the best option is to partner with us. We will provide you everything you need in one place at an affordable rate. Click to learn more

#4 Why hire people from Bosnia

• Skilled Workforce: Bosnia and Herzegovina has a highly skilled workforce, with a strong emphasis on engineering and technical skills. Many Bosnians have experience in IT, manufacturing, and other industries that require specialized skills.

• Cost-Effective: Compared to many other European countries, the cost of living and labor in Bosnia and Herzegovina is relatively low, which can make it an attractive option for companies looking to save on labor costs.

• Multilingual: Bosnians are often multilingual, with many speaking English, German, and other European languages. This can make them a valuable asset for companies looking to expand into international markets.

• Cultural Fit: Bosnians are known for their strong work ethic, loyalty, and dedication to their jobs. They are also typically respectful of authority and hierarchical structures, which can make them a good fit for many companies.

• Diversity and Inclusion: Hiring people from Bosnia and Herzegovina can help promote diversity and inclusion in the workplace. By bringing in individuals from different backgrounds and cultures, companies can foster a more inclusive environment that values different perspectives and experiences.