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What you need to know before you start


Do you have a little idea in the back of your mind that you'd like to put into practice? This article is for you!

Creating a project can be exciting, but it's a long-term process, and it's vital to ask yourself the right questions before taking the plunge.

 

Are you well surrounded? 👫

Here's a question that most entrepreneurs don't ask themselves before embarking on their business venture, but it's an important one. It's very important tobe surrounded and supported in your projects. Your entourage will be able to give you advice and moral support in your new life as an entrepreneur.

 

Is your project feasible? 🚧

It may seem obvious at first, but it's important to have an objective point of view and to think about your project in the long term.

Setting up a business takes an enormous amount of time and energy, so it has to be compatible with your personal and possibly professional life.

You also need tohave sufficient financial resources to bring your project to fruition, so that you don't find yourself with your belt too tight in the first few months, but also so that you can cover your back in the event of failure (which we hope you won't!).

More than 1,900 public financial schemes are listed on the dedicated website www.aides-entreprises.fr

What's more, if you want to set up in the innovation sector, you need to consider the technical side of your project, and make sure you have all the tools at your disposal.

Before you start

 

Do you have the necessary knowledge in terms of business creation and management? 💡

Setting up and running a business isn't something you can learn overnight, and it's strongly recommended that you have a minimum of knowledge and experience in the field (especially if you're setting up your project on your own).

To this end, chambers of commerce and chambers of trade offer training courses to help you bring your project to fruition.

You can also surround yourself with competent people who specialize in the field, such as chartered accountants, mentors, lawyers, etc.

 

Will the company be profitable enough? 📈

The first thing you need to do is to draw up a forecast to ensure that your business will be viable and profitable. In particular, create a projected income statement. This will give you an idea of the investment and expenses required to bring your project to fruition.

 

What status should you choose for your company? 🗽

Choosing your legal status is very important, and you need to know which one is best suited to your future business.

To do this, you need to ask yourself the right questions:

  • Do you work alone or with partners?
  • What type of liability do you want to choose?
  • What is your starting capital?
  • ...

Do you have the answers to all these questions, and are you determined to bring your project to life? Go for it! 🔥

Don't hesitate to open a pro account with Anytime. Our experts are with you every step of the way to help you make your project a success 😉

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