Start-up advice
Especially when starting a new company of your own, it is very important to have a reliable, experienced and competent advisor at your side, who will inform the founder extensively and intensively about the relevant and best options for him. Many important and pioneering decisions have to be made in advance by the entrepreneur, which he is often unable or difficult to do because he often lacks the knowledge and experience required for this. So e.g. It has to be clarified which legal form is the most favorable for the future own new company, whether it makes sense to start-up or take over a company that already exists on the market in the long-term, which products or services are to be offered, how the market situation for these products or services is now and how this situation will likely develop in the future, whether personnel and the necessary qualifications may be required, whether enough equity is available, which form of financing is best and most suitable for your own new company and much more . These and many other important decisions can often only be made in advance with the help of a competent and qualified management consultant.
In this extremely critical time, we actively, competently and reliably help the founder to implement his personal and individually chosen goals and objectives. We look together to see which goals and projects can be realized. We show the possible risks, but also the conceivable chances of founding a company and actively and competently support the founder in the implementation of his personally chosen projects. It is important to look at what the entrepreneur wants to achieve with the start-up.
Often, the founders have not dealt with their project or have not dealt with it extensively or have no specific goal in mind, but simply want to become self-employed. Or the company is founded out of necessity, otherwise unemployment threatens. However, starting your own company is often the only way to get out of a long period of unemployment and to have a perspective again. Then the business consultant is asked, because he can show the founder what he has to consider when implementing his goals and plans so that the foundation of his own new company also has the long-term success desired by the founder. Sometimes the advisor unfortunately has to inform the entrepreneur that the project he is planning is difficult or possibly not possible, e.g. due to insufficient specialist knowledge on the part of the founder, due to strong competition in the chosen area or due to insufficient demand for this selected service or product. Other important factors may also play an important role in this. Then both sides have to carefully examine the alternatives to this planned project. In a personal conversation, the business consultant can often show the founder further options and alternatives that help the entrepreneur make his planned project of founding his own new company a reality.
Sometimes, however, the takeover of an already existing and successfully established company (company succession) proves to be a solid and real alternative to a new company. This has the advantage that a product or service has already been successfully launched on the market. The entrepreneur can thus concentrate on other important questions of everyday business life. Furthermore, usually, the former company owner can "work in" the founder of the business and thus ensure long-term and stable success.
If the project undertaken by the entrepreneur has proven to be feasible, it is important to start immediately with the implementation of the plan and the implementation of the founder’s plan. It is of great and crucial importance to create stable foundations for the long-term and lasting success of your own new company in an intensive and personal conversation with the management consultant. Aspects such as company name, legal form, if necessary. Financing, contract drafting, recruiting, calculation, planning and much more have to be discussed. The name of the newly founded company is the figurehead of the company and entrepreneur and should always be chosen with care and caution. The entrepreneur should be able to identify with it. The chosen legal form of the company must also be checked carefully. If necessary. contracts, e.g. Leases, employment contracts, service contracts or sales contracts are drafted and designed. It has to be checked whether and how much personnel with which qualifications must be hired in order to be able to implement the planned project. The price for the service or product offered must be calculated correctly so that your own new company can also generate profit in the long term. If necessary, loans and grants have to be applied for and in most cases investments have to be made. For this, the creation of a meaningful and meaningful business plan, combined with a detailed market analysis and meaningful indicators with regard to the feasibility of the planned start-up project and its long-term sustainability, is essential for the granting of loans and subsidies. The liquidity, a topic that is unfortunately often underestimated by many founders, especially at the start of the company foundation, must be carefully examined and, if necessary, adjusted to the planned project. The management consultant can actively and competently support the founder with instruments such as cost and performance accounting, calculations and liquidity calculations.
The business start-up advice thus creates the crucial foundations for a permanent and constant success of the planned company start-up or company succession in a personal conversation between business start-up and business consultant. Therefore, it has a central and extremely important role. A solid and reliable permanent existence is the declared goal of every business start-up and is therefore also the goal of every solid and competent business start-up advice. That is why we help the entrepreneur in one or more personal conversations to successfully add his long-term goal of running his own company in the long-term. We use a lot of tools, processes and analyzes to give the entrepreneur with the necessary and important meaningful numbers and indicators for the implementation of his stated project. Transparency of the key figures and numbers is essential for the success of the new company or company succession, since they form the basis of all decisions and calculations.
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