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Starting up a business

diciembre 20, 2021
Starting up a business

Starting up a business

Legal form of a company

The phenomenon of the creation of companies is currently one of the most interesting, monitored, dedicated and hard work in the academic, political and social spheres due to its proven importance in its capacity to generate employment, development and economic growth in today’s society. The ability of newly created companies to adapt quickly to changes in the environment, as well as their potential for innovation, makes these companies a key element in today’s economic development.

The project of creating a new company is increasingly linked to the concept of entrepreneurship, especially because in the global environment in which we find ourselves, with great competition and a technological environment that evolves at great speed, which increasingly requires a more “entrepreneurial” than “business” vision in the analysis and implementation of a project.

For the survival of the new company created, it is essential that it provides a new competitive advantage, such as an improved product, a cleaner and more efficient process, additional services that improve performance, better and faster distribution, and the introduction of the new product/service in a market segment not previously used. It is essential that the new company, through the products/services it offers, satisfies needs that are not currently covered.

How to start a business in colombia

The phenomenon of the creation of companies is currently one of the most interesting, monitored, dedicated, and dedicated efforts in the academic, political and social spheres due to its proven importance in its capacity to generate employment, development and economic growth in today’s society. The ability of newly created companies to adapt quickly to changes in the environment, as well as their potential for innovation, makes these companies a key element in today’s economic development.

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The project of creating a new company is increasingly linked to the concept of entrepreneurship, especially because in the global environment in which we find ourselves, with great competition and a technological environment that evolves at great speed, which increasingly requires a more “entrepreneurial” than “business” vision in the analysis and implementation of a project.

For the survival of the new company created, it is essential that it provides a new competitive advantage, such as an improved product, a cleaner and more efficient process, additional services that improve performance, better and faster distribution, and the introduction of the new product/service in a market segment not previously used. It is essential that the new company, through the products/services it offers, satisfies needs that are not currently covered.

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First of all, it must be clear if the business to be materialized is a feasible idea in the market and, moreover, if what is wanted is to compete with a change and innovation of the good or service. With this in mind, a business action plan (business plan) must be drawn up, which will become the daily course of the business.

Define the type of company to be established; for example, if it is a sole proprietorship, i.e., if the idea came from a single person and he/she is willing to develop the business by him/herself with his/her own resources or through third parties. From there, it is necessary to identify the human group with which the company should work, since it will require professional and technical assistance from employees who will help the company run smoothly.

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Other actors involved in the development of the project may be external, such as financial intermediaries that will support the business exercise, suppliers that will be part of the commercial chain or project management, among others, according to the type of activity to be undertaken.

Companies

Before starting with the administrative procedures, it is necessary to analyze the business idea and develop the project. In this way it will be possible to study its viability and select the appropriate legal form.

The objective of the entrepreneur is, from an initial idea, to have the initiative and the decision to undertake a project that will allow him to enter the market either by manufacturing a product or providing a service.

To make his idea a reality, he must have the necessary information and tools to facilitate the process. The DGIPYME’s intention is to facilitate this process as much as possible. Initially, it makes available to the entrepreneur the self-diagnosis tool of entrepreneurial attitudes as an interactive instrument that allows a diagnosis and offers a series of recommendations that will help him/her to be prepared to start his/her project and the SWOT tool to establish strategies to make it viable.

It also allows the entrepreneur to describe and analyze the technical, economic and financial viability of his project, offering him, in addition, the possibility of translating his idea into different economic scenarios, through the creation of a Business Plan.

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