The Research Blog

Standard Documents for Starting a Business When starting a business there are a series of documents that you are going to need or that are going to facilitate the process. Although this depends on the country and place where you will be establishing your company some documents such as the shareholder's agreement are private legal documents that only need to be checked by a lawyer to insure they comply with the country's jurisdiction. Investors usually require a series of documents that tend to be similar if not the same. A great tool that offers a free package of startup documents usually required by investors is www.seriesseed.fi This resource is focused on the Finnish market but could be used as a starting point and adapted to comply with other territories. One of the key documents is the term sheet. It summarizes the principal terms and sets forward a statement of intentions. It is usually not legally biding with the exception of the exclusivity and the country of ...

Information on Starting a Company Forms of Entrepreneurship: 1. New Business Idea 2. Existing Business Idea 3. Buying a business 4. Franchisee 5. Part Time 6. Stockholder 7. Team Entrepreneurship 8. Sole trader There are many factors that influence the form of entrepreneurship, some of the key ones are: Number of founders Continuity of operations (time in business) Need for capital and its availability Attitude of investors Responsibilities and decision making Profit sharing Taxation A sole trader can be a family wedded spouse. In a partnership there are no shares and the partners own 100% of the business. When it is general or limited you own the percentage of the amount invested.  Business Idea: Your business idea needs to be able to successfully answer the following questions: What?  For whom?  How?  What products or services?  What issues are you solving?  What are the measurable benefits? Who a...