In this 3-day start-up seminar we will discuss how to successfully start your own business and how to secure your long-term success! This is an exciting 3-day start-up session for all who wish to become self-employed and want to successfully start their own business in Germany.
Learn in only three days everything really important for the successful start-up of your business in Germany. You will learn:
1- The first step in my business start-up path
Here you will learn all important things for starting up a business in Germany. Four different starting situations will be explained on the basis of concrete examples, what to observe and pay attention in the beginning and what type of development funds and grants you can get. The following starting point will be discussed:
- Part time start-up
- start-up during the procurement of unemployment benefits (job seeker’s allowance)
- start-up with public funds
- start-up with Job seekers allowance type II (ALG II) along with initial capital (entry money)
2- Foundation planning
In order to run everything smoothly in your start-up, we will show you in our seminar modules how you should, most preferably, approach to planning your own business. You will also learn what organizations and agencies can support you, what types of business set-up consultancies are available for you and which ones suit you the most. You will also get the first glimpse of getting the consultancy public fund for your business.
3- Business plan
As the business plan is the centerpiece of any business start-up, it is also our focus in our seminars. Each chapter with which you must deal in your business plan will be discussed in our start-up seminars
3.1- Capital budgeting (investment planning)
Do you have a precise imagination of what investment you need to make and how to do it in order to bring your business idea to life? In this module, you will learn how you can plan for your investment in Germany. You will get the answer of the following questions:
- What investments should be made?
- When and how can leasing work for you?
- What costs should you undertake in the start-up process?
- What is in business acquisition or merging considered?
It is also important that you learn how to calculate exactly the amount of initial costs and how to plan in advance your expenditures until your business can handle itself securely.
3.2- Financial Planning
After you learned properly everything about your investment planning in module 3.1, we will focus on the realization and implementation of your plans. When it comes to financial planning, several questions arise as follows:
- Where does the money for investment come from?
- When and how much equity do I need?
- Which subsidized loans are available for the start-ups?
- Which banks are better (make more sense) for my business?
It is also important to learn the concrete tips and strategies from our experience on how you can convince the banks. Also the bank conversations will be practiced and discussed.
3.3- Budget Figures
This is the plan of your monthly income and costs for the next 3 years; how does it work? You may answer: I do not have a clear picture. Maybe you are just thinking about it! But no worries! We solve this for you. In this module we show you how to connect your activities with the budget figures and how you can realistically plan your revenue. There are, depending on the sector, different ways to establish the target figures.
Develop your budget figures and learn how to continually keep them up to date so that your budget figures become an important management tool for you.
4- Four essential factors of success
It implies the success factors when it comes to business development. Almost every business that we consult has missed some great opportunities before. Opportunities that if taken advantage of could improve things dramatically.
We show you the greatest opportunities that every business, regardless of the sector, has. If you take active steps, you will certainly enhance the performance of your company. And the effect is not only going to be immediately discernible but it is going profound and lasting.
If you just use one or two of these opportunities you will be able to distinguish your firm from the rest of the pack. And if you use all of them, the sky will be the limit
Did you know that the 80% of the world literature on the subject of taxes is in German?
In order to avoid falling in the same tax trap as many entrepreneurs do, we will provide you in this module with the most important information that you must know about the tax system in Germany. You will learn how to avoid the biggest mistakes from the beginning. Here you will get a good overview of the main types of taxes that concern entrepreneurs.
Since during start-up, there is a great potential for saving up tax costs, we show you what you can get from the tax office. Wouldn’t it be great if you could gain back a large part of your equity from there?
6. Successful start
Successfully start your own company. In this phase, everything should work step by step but in the right order. In order to not get bogged down and lose track, we give you once again in this module a short overview of the main steps which should be taken. When is the commercial register for your business required? Which application and when should be considered? And what important contracts should not be signed before the first bank appointment has been made. In order to not disqualify yourself from many possible public grants and promotion, you must come to the correct sequence of steps.
7. Mistakes that should be avoided
Did you know that about 80% of all entrepreneurs make the same mistakes and fall into the same traps during setting up their business? Thanks to the high experience of our consultancy team, all these errors and mistakes are all known. After the end of the 3-day seminar, we will repeat again the most important points and demonstrate all these mistakes.
Even if you consider only a small part of what is learned in your start-up, you saved several times the money you spent on the seminar.
Learn more about our business start-up seminars here.