1. Writing a business plan
If you want to seriously work on your own business, this is a must to write a business plan first. In it you write down exactly what you need, how you you find customers who your competitors are and how you differentiate yourself from them and what you are expect to earn. In short, you justify why your business should be established and why it will be viable. Support your plan with as many updated numbers as possible. To can be found, for example, with Google’s online tools, on CBS, SCP or Finance The office of ING.
2. Select legal form
What should your business be? Most starters choose one ownership. If you are with two or more people, you can also choose a partnership, limited liability company (VoF), limited partnership or limited liability company (bv). In this This article accurately explains the differences and advantages and disadvantages of these legal forms.
3. Register with the Chamber of Commerce
If you work for a sole proprietorship, VoF or partnership has chosen, registration with the Chamber of Commerce is enough to officially start. If your company complies the criteria for a business, you are legally required to register. It costs once 50 euros. Your data will be automatically passed on to the tax authorities, as so you do not have to inform yourself separately. You will receive a VAT number from the Chamber of Commerce. Have you set up a company? Then there is more to consider when starting your business. You have to go to get a notary to draw up a deed and deposit at least 1 euro cent in BV. The notary will help you continue with the official establishment of the company.
4. Complete model agreement
Where you used to have to fill in a VAR to be seen as an entrepreneur for the tax authorities, you can now make a model agreement with your client. With this model agreement, you declare that you will not be employed, but that you will retain your independence. It is important to be recognized as an entrepreneur by the tax authorities, because then you are entitles to tax benefits such as start-up allowance and self-employed person allowance.
5. Set up administration
From now on, you need to go over your business revenue, expenses and your hours to prove that you are actually an entrepreneur and to be able to file a tax return to do. You must put in at least 1225 hours per. calendar year in the company. The time you spend on founding the company also counts. In this article you can read all about it hour criterion and what you can include. If you are liable for VAT, you must also: keep track of how much VAT you pay and receive. For your financial administration it is convenient to keep track of your income (invoices) and expenses for the company. In a simple company with few different income and expenses, an excel file might otherwise be enough it is better to download or purchase an accounting software. You can also be an expert to handle the administration for you.
6. Open a business account
Some startups use their personal bank account for their business, but the bank’s terms of trade usually state that it is not Allowed. A business account costs more than a personal account, but you have all yours business income and expenses in a practical overview (good for the administration) and youThat radiation is much more professional because you open the account in the name of your business. In addition, a business account provides several options. To help you as a start-up entrepreneur, ING offers a Starter Pack bank account, online banking, mobile banking and a payment card. This is the first year package for free and you will also receive additional benefits by designing your logo cheaply or onlinee advertise.
7. Insure your business
The risks you run as an entrepreneur are not covered by private insurance insurances. For example, you can not get compensation caused by you as an entrepreneur from personal liability insurance. And what happens if your direct debit is not received paid? As an entrepreneur, you should think about business insurance, business liability insurance, business lawyer assistance, etc. In this article, you can start by reading all about insurance.
8. Je housing association
How exactly do you need to work? Take time to think about this Think about it, even if your business consists of yourself and your laptop. You can control the cost of your work area deduct, provided that it is an independent space. So you can not deduct anything if you use your own living room works. Well, if you are decorating a shed or garden house as a business space. An own entrance or entrance is a requirement. You can also work in one multi-company building. It is immediately good to have a network.
The content of this article was created in collaboration with our knowledge partner ING