Klein, Jürgen (2012) Business Formation. [Teaching Resource] (Submitted)

Preview

PDF - Published Version Download (833Kb) | Preview

Abstract

For many years, there has been a growing interest in subjects related to business formation and entrepreneurship. This has resulted in a great number of publications and numerous internet offers. The present module intends to give a general overview of the practical aspects and problems related to the business formation process and entrepreneurial activity both of which form essential parts of entrepreneurship. These aspects include recognizing, evaluating and selecting a business idea (chapter 3), a sound and consistent business plan (as described in learning unit 2) is another requirement to pursue the identified business potential and decide on its implementation. Further essential elements for the business implementation are the financing concept (learning unit 3), the market entry strategy (learning unit 4) and the choice of the optimal legal form reflecting the specific situation (leaning unit 5). The above mentioned topics are not only relevant for start-ups and young businesses already on the market, since the entrepreneurial process, the business plan, the financing, the market entry strategy are permanent tasks and challenges an entrepreneur has to face both during internationalization and when choosing the appropriate legal form. Considering the great number of business forms and entrepreneurial activities, the author does not claim to present a complete overview. It is therefore paramount to collect further information related to your project and to require the support of qualified experts.

Actions (login required)