The wheels are turningWhen the investment agreements have been signed and the payments have started, the project is passed on to other investment managers. Here focus is expanded to include many practical things required in connection with establishing of the project company, and, once the establishment phase is over, also the day-to-day running of the company. Each team leader is responsible for monitoring the project company and is often a board member too. At the same time the team leader is available as a more informal consultant due to his or her experience and network in the country in question. The consultant may also help with contacts, with building a network and with advice on everyday problems such as working conditions, tax issues and operating the company in the host country.
During this phase there may be a need for further financing. Often this will relate to investment budget overruns, but it may also be for general expansions due to success (making new products, distribution, satellite stock, handling of raw materials, etc.).