TOP 5 advice for starting a business

1. Business idea. The idea has to be realistic, realizable by the entrepreneur-to-be and be based on the person’s own competence. It does not have to be complete, because we help in refining it.

2. Pricing. You need to have some kind of an idea on what your products or services will cost for customers, and how much you want to pay yourself in salary. You also need to know the cost price of your products or services.

3. Interest in business competence. You have to take care of statutory matters in the time frame given. It is also a good idea to outsource your accounting to an expert bookkeeper – the expenses can be recognized as company expense.

4. Capital. Take a loan that is large enough, or alternatively there has to be other capital, in order for you to get started properly. Financiers like realistic plans.

5. Sales and marketing. Who are your customers? How will they find your business? Social media plays a key role in marketing, and for creating web pages, photos and texts we recommend that you use an expert. It is well worth your while to build up a good company image (and you may apply for a subsidy for doing it), because it takes a long time and hard work to establish a clientele.

Planning to start a business? Book an appointment with business advisor, tel. 317 7600 or fill in a form