Behind us lies the hard work of formalities for opening a business, developing a business model, choosing the type of company, choosing a scalable business, preparing a treasury budget, choosing the business location, how to finance the assets, the personnel selection process and choosing the management and accounting program.
The business plan and the choice of the business model
The development of a business plan , the determination of the SWOT and the choice of the company's business model are points of transcendental importance. The business model must include everything from the product and service offering, to the customer to whom the offering is directed, how it will be sold, what financial and human resources are available, etc.
Choosing the type of company
Better alone or accompanied , this question will determine transportation email list whether we form a company with other partners, or on the contrary undertake the project as self-employed persons or with a single-person limited company.
Depending on the capital, we could also form a Public Limited Company if the partners can contribute 60,000 euros, or if we only have 3,000 euros we will have to settle for a Limited Liability Company.
Limiting liability is also a key factor if we want to limit the liability of the entrepreneur, since, for example, the self-employed person has unlimited liability and is liable with all his assets.
Considering responsibility, number of partners and capital, we must choose the corporate form that best suits our circumstances.
Choosing a management and accounting program
For the correct management of a business, it is essential to have reliable management and accounting software , a choice that should be considered as an investment, not as an expense, and that is of great importance, since a bad choice can hinder the management and operation of the company . At Sage, there is a wide range of options depending on the type of business and its needs.
