Ray Purselley 10 tips assist entrepreneurs to start a business

Here are the first 16 points of the guide 100 useful tips for starting a business :
1 . Quit his job and start a business

To leave his current job and start a business , several solutions are presented to the contractor :

    Resign and move to the end of the notice;
    Negotiate with his employer a conventional rupture, which notably allows the device to be eligible ACCRE ;
    Take leave to entrepreneurship.

When you make this decision , you should carefully consider the possible non-compete clause that connects you to your employer.
2 . Are there a aid for the unemployed creators?

The unemployed creative business can benefit from aid to facilitate the launch of its business . The most famous feature is the ACCRE that allows the creator to benefit from reductions in social security contributions.

In addition, recipients ACCRE are eligible for financial support for entrepreneurship : maintaining unemployment benefits or payment of a portion of the remaining rights in the form of capital.
3 . I need advice but I have a few ways ...

Many entrepreneurs are a bit lost in the creation phase of their business given the countless things to manage and choices to make , but prefer to manage because they have limited resources .

This is a mistake because there are many aid agency for entrepreneurship ( BGE , associations, networks ... ) and even some accounting experts ready to help you to get started.
4 . What is an angel investor ?

An angel investor is an individual who invests in young companies with good development potential for fund launch. The business angel are mostly business leaders still active or retired who have financial resources and experience in entrepreneurship.

A contractor who works with a business angel can benefit , in addition to providing funds , advice and it 's address book.
5. Why an estimate ?

The forecast should not be considered the document to prepare for funding . It is a management tool for the entrepreneur to be updated constantly and is a carrier of essential control .
6 . What is market research ?

Market research allows you to provide answers to many important questions: What is the potential target market ? Who are my competitors ? What products they distribute and at what price ? How are they distributed ? What are the characteristics of the customer ? ...

Market research will also identify ranges of estimated revenues .
7 . Can I include my partner in the business?

To join her husband in the business, three solutions are possible for the entrepreneur :

    The employee spouse 's spouse works for the company and does not receive compensation (applicable in some cases status, see this article for more information) ;
    The associated joint : the spouse takes a stake in the company and thus became a partner or shareholder;
    And the employee spouse 's spouse enters into a contract with the company and became an employee of it.

8 . What is an unsecured loan ?

The unsecured loan is a system of financial aid to creative business , it is a zero percent loan granted without security to strengthen the contribution of the entrepreneur and generate an effect of lever to obtain additional financing .

The amount is generally between 2,000 and 20,000 euros and the loan period is 2 to 5 years.
9 . Can I bring materials for my business?

Of course , it is possible to make various goods to his business and the contribution is done differently depending on the form of the company :

    If the business is a corporation, it is a contribution in kind and the company's shares will be issued in exchange;
    If the company is a EIRL , property used for the activity should be included in the assignment statement ;
    If the contractor has in his own name , there is no particular formality because the business assets and personal assets are combined.

10 . Can I create my company with a capital of 1 euro?

Now, most legal forms no longer require to provide a minimum amount of money to be made. Thus, you can create a SAS or a SARL with a capital of one euro and there is more than the SA requires a capital of at least EUR 37,000 .

However, creating a company with a capital of one euro may cause difficulties for the company that is in the red to the first expense. The capital of the company must be used to finance the launch of the business and be credible vis-à -vis partners (banks, suppliers, customers ... ) .