There is nothing like starting your own business to finally let go of employer pressure and hellish work paces. Simple, accessible to everyone, and profitable, starting a business is among other things an ideal choice. Here are the tips for doing this.
A market study
Any business creation project begins with a market study. This is an assessment of the economic potential of your business, in the current context and market.
The market research should be done by an accountant. It will be a question of evaluating all the competitors and the possibilities of installations that you have in a given sector and in a specific area. The goal is to allow you to carefully manage your investment.
This step is the basis for creating your business. From this will depend the identity of your brand, the services you can offer, your earnings and the business plan of your company, etc. In short, the market research will lead the rest of your steps to open your business, including your registration in the trade and industry registers in your region. Indeed, depending on the possibilities left by the market, you will opt for one status or another.
Fortunately, there are several professionals who can help you complete this first step and the following ones.
A business plan
The second step is to make a business plan. In particular, this is the prerogative of an accounting expert in Forest, Uccle, Ixelles or in Brussels in Belgium.
The business plan is an assessment of the financial viability and profitability over several years of your investment project. It is based not only on market research, but also on an analysis of the potential of the trade you want to create.
The business plan is a document that is generally a few dozen pages long. It serves as proof of a professional credit application or a professional microcredit. It is a kind of presentation of your business in advance, in order to convince and seduce potential investors. Reason why, it will be necessary to entrust its development to experts.
A request for financing
Of course, you can’t think of starting a business without thinking about financing. You will need a few hundred thousand euros to do this. It also depends on the size of the business you want to open.
As a rule, individuals who embark on this type of large-scale project opt for a loan application. With the support of an accounting agency in Saint-Gilles and Brussels, you will have a better chance of succeeding in your procedures. To know as a reminder that the professional credit is an assigned loan with a mandatory proof to accompany your request. By that we mean the business plan.
For the financing of your project, you can also call on investors. It could be members of your family, your entourage or professional investors whom you will have convinced during a presentation. This will save you from getting into debt, but in return, investors can be demanding to say the least.