Are you a young entrepreneur with an innovative business idea that you think could be a big breakthrough? Are you creative, aiming to get business partners on board, maybe even through crowdfunding? It’s at these times when you are laying the foundation for a successful future that expertise and know-how really count.
We would be happy to advise you on your journey towards becoming self-employed and can support you with tax, accounting and all kinds of business issues. With the Nexia network behind us, we can also accompany you as your business goes global.
- Should I start alone or with a business partner?
- What is the best legal form for me (also from a tax perspective)?
- Finance: equity, shareholder loan, bank loan or crowd investment?
- How do I create a business plan?
- What subsidies are available?
- What are the benefits of being a small business?
- Is my social security coverage adequate?
- My first employee, my first invoice – what do I need to think of?
- Digital accounting or app-based book-keeping via smartphone? With ConsMyTax this has already become reality!
Creating a business plan
The idea is where it all starts – followed immediately by the business plan. As a written concept for the business, the business plan reflects the result of addressing the various aspects of running a business, from planning through to realization. A business plan not only provides orientation, it also serves to provide investors with key data.
Calculating your capital requirements
“No money, no music.” Remaining solvent is one of the top priorities for any business. Calculating the capital requirements is an important task of young entrepreneurs, particularly in the formation phase. The long-term and short-term capital requirements need to be planned carefully.
Financing and assistance
Without the right financing package, even the best idea will fail to come to fruition. Careful thought should therefore be given to selecting the right form of financing. The potential to attract equity finance, debt capital or a mix of the two, and also any avenues to obtain assistance, need to be identified and planned in each individual case.
Selecting the legal form
Finding the right legal form often turns out to be the key question. The task here is to weigh up such matters as liability, powers of representation and tax to find the optimal mix for your own needs.
The authorities are here!
Your idea is up and running! But before you get going, a number of formalities and visits to public authorities are needed: you must register your business and file it with the tax office.
Taxes & levies
VAT, provisional income tax payments, license fees, wage tax, municipal tax, income tax, and many, many more. In a complex tax system there are numerous traps lying in wait to snare you. The good news is that your tax advisor is happy to perform these formalities for you – allowing you to concentrate on your business idea.