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Tips and guidelines for how to start a business

The growing demand in e-commerce has promoted the creation of new small and medium businesses, it is essential to have the necessary requirements here to take off your business as it should be and the tips and guidelines to create a company.

Embarking on the adventurous experience of doing a company can overwhelm and generate all sorts of doubts, but if you have in mind creating something and want to give it guidance, continue reading this short guide to achieving it.

The basic points for managing the development of a company are:

Before you start, you need to keep in mind that the entrepreneurial mentality must always accompany you to succeed. The point is the creation of a company, where you can introduce your ideas and get a profitable profit from them.

Embarking on a new entrepreneurial path is not easy, but it is also not a titanic task, we must strive and set goals in the short term, so that they function as personal satisfactions and business progress.

It is very important that you know what matters to SMEs, since, as an entrepreneur and just started in the business world, you will start setting up a small or medium-sized company depending on your capital and the organization you give it. If you work hard every day to make everything go well, you can grow your business like you never imagined.

What is an SME:

To start entrepreneurship, we must know that an SME is like laying the first stone in the business world, SMEs means Small and Medium Enterprises, which encompasses those companies that are beginning to grow their financial and human capital.

They are considered

  • Small enterprises those with less than 50 workers on their payroll, as well as asales volume less than 10 million euros,
  • While themedium-sized enterprise is considered when it has less than 250 workers and a negotiating volume less than 50 millions of euros.
  • The micro-enterprise originating in our country is one with fewer than 10 workers and a sales volume of less than 2 million euros.

Process to create it

Something to take into account is that people start their businesses without having developed an appropriate business model that they implemented in their project. Driving a new company takes a lot of effort and previous work to ensure the very future of the business.

First of all, everything is born from the idea, to start a business it is necessary to have clear the purpose of the business, idea that allows us to start an economic activity that really has a profitability that gives us profitable benefits.

For

this very reason, we must design a business plan that perfectly synthesizes our company’s plan, themarket in which it will be located, its direct competition and some economic predictions that allow us to see a little bit the future that our next company will have.

What is the business plan?

This plan should contain all the necessary information about the company and the objectives it intends to achieve, in the short, medium and long term, in a nutshell is to summarize how we will organize the way we work and business leadership.

Choosing a suitable place

  • Customers, find a place close to where our potential customers can be, because nothing serves the best local in an area where no one will need our product or service.
  • Competitionis sometimes good and help increase sales because people have the ability to make a price comparison and be able to choose better.
  • The rental agreement, it must be considered that a good cost in this facilitates the development of the company or the detainment of it.

Legal constitution of a company

To start your business activity it is necessary to carry out the constitution process, which is the choice of the legal method that will be chosen to carry out the company.

The procedures that are usually needed to start a business are as follows:

  1. Request for negative certification of the name.
  2. Income and certificate of the Equity Exigible.
  3. Payment of Property Transfer Tax and Documented Legal Acts
  4. Application for a Provisional Tax Identification Code (CIF).
  5. Membership in Social Security both as a company, as well as workers.
  6. Acquisition and legalization of the guestbook.
  7. Registration at the Provincial Mercantile Society.
  8. Get the definitive CIF.
  9. Legalization of official books.
  10. To register for the Economic Activities Tax.
  11. Make a Census Statement.
  12. Opening Communication of the Work Center.
  13. Municipal licenses, opening license and activity license.
  14. Register the company in the Register of Establishments.

How to get the money to start your business?

Getting the money needed to start your project is essential to start economic activity. Sometimes it is very difficult to obtain the necessary funding to start a business. This is why shortcuts are shown here to get the money you need to start your business, without getting into so much trouble.

To achieve this, there are plenty of forms of financing for your company that allow you to get the capital needed to start the new company.

The Directorate-General for Industry and SMEs makes available to anyone the following programmes and supports to make the process easier for entrepreneurs, finding other sources of funding:

This Directorate-General issues aid together on an annual basis, which provide direct or indirect support to entrepreneurs in the sector.

It also funds an advisory service for business growth through the EOI Foundation of the Ministry of Economy, Industry and Competitiveness.

Similarly, this Department of Industry and SMEs provides direct financing to entrepreneurs in the sector that through the National Innovation Company, ENISA is granted a fund as a low-interest loan to encourage job creation.

Advertising

After you have achieved all the aforementioned, it is time to advertise your new business via the internet.

Fortunately, promoting yourself in the internet world is much simpler and cheaper than physical. The first thing to do is register and pay to go in search related to the topic in the main search engines and directories, such as Google, Yahoo! and Bing.

Social networks obviously play a leading role in spreading your business. To have a large group of followers loyal to your brand, you have to follow a social media strategy that allows you to make constant improvements. An example of this is Facebook, Instagram, Twitter and Pinterest which are currently the most visited.

In addition to promoting yourself in this way, there are other alternatives to increase the size of the fishing net of customers, example of this is Google AdWords, a new platform that allows you to advertise your company on Google, significantly increasing online sales. This service is only charged when potential customers click on your ad to visit the site.

Conclusion:

In this way you have an approximate, broader picture of what you have to preview before you start your course on the winding path of business, dare to trust your dreams and ideas that have always been there, without being able to be fulfilled due to lack of information, capitaland motivation, if you put these 3 together, you will have the possibility to achieve anything in front of your company, reaching levels that you never thought could be true.

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