Starting a business: avoid these mistakes!

November 30, 2021

Starting a business: avoid these mistakes!

Mit dem Jahresabschluss wird die Buchführung eines jeden Geschäftsjahres abgeschlossen. Der Jahresabschluss hat große Relevanz, unter anderem, weil er die gesamtwirtschaftliche Situation eines Unternehmens repräsentiert. Ein Jahresabschluss kann jedoch auch nichtig sein. Wir von der Steuerkanzlei Martin Bleckmann in Köln erklären Ihnen, ab wann das der Fall ist und welche rechtlichen Folgen ein nichtiger Jahresabschluss mit sich bringt.

  • These are the most common mistakes when starting a business
  • This is how you, as a founder, can avoid the most common mistakes
  • These mistakes can be avoided with expert advice

More and more start-ups are trying to implement their ideas. But a not inconsiderable number of founders have to give up their dream of owning their own company after just a short time. Decisions that are too quick or ill-considered are often the cause. So that you can from the outset serious mistakes At the Setting up a business Avoid, is that Bring in an advisor or useful to a consultant. Our team of tax advisor and auditor Martin Bleckmann is here to provide you with competent support in Cologne.

These are the most common mistakes when starting a business

The most common is a Wrong or bad business plan the cause of the failure. Inexperienced founders often only consider the most important aspects of financing, such as production and rental costs. Even the business idea is usually not thought through to the end in the business plan.

Another popular mistake is the lack of engagement with the competition. If several companies with a similar business idea are already successful, it is difficult to establish yourself as a newcomer to the market. An overly optimistic view is also fatal. If a founder expects much higher sales figures or fails to retain customers, failure is inevitable.

Furthermore underrated Many founders the costs, which involves its own company. Anyone who does not have a high level of equity quickly gets bogged down in invoices and missing orders. There are also many other sources of error:

  • Not a proper concept
  • Implementing the idea is more important than customers
  • No experience in business administration
  • Inappropriate target groups
  • Overconfidence
  • Too many orders
  • Order acquisition too late
  • Website not intuitive for all target groups
  • Lack of critical ability
  • Conflicts involving several founders

This is how you, as a founder, can avoid the most common mistakes

The basic problem with setting up a business is that the founder sees their own idea as complete and loses sight of the real thing. It is therefore important to find out about the relevant areas for setting up a business and to include all aspects. Brochures or seminars can help you become familiar with the Scope of setting up a business to become aware.

Inexperienced founders cannot have all the important points in mind because they are not familiar with everything. It is therefore absolutely advisable to seek professional help, for example in the form of a auditor or to get an auditor. They are familiar with the various facets of starting a business and help you avoid serious mistakes. In addition to the concept for your business idea, your environment is also an important aspect. If your partner or family is not behind it, you cannot concentrate on your business. You should therefore discuss all steps with your environment. When there is no more time left for the children, private life suffers.

These mistakes can be avoided with expert advice

We, the team of tax advisor and auditor Martin Bleckmann, can help you as founder when setting up a realistic business plans help. We know exactly which services and aspects need to be included. We are also very familiar with the Funding opportunities for founders from. These are often completely ignored. In addition, we will give you a basic idea of business administration. Die bookkeeping is an important aspect of a company and can quickly sink into chaos without knowledge. We help you to bring a basic structure to your documents.

Since our company already has a great deal of expertise, we know exactly what to look for in a market analysis arrives. We will show you in detail whether your idea is worthwhile and how the competition is positioned. As a founder, you usually have no experience in the business world. That is why we help you develop a professional appearance for important appointments. You must be able to present your concept and its benefits convincingly. In addition to preparing a business plan, acquiring customers is also important. We'll help you analyze and improve your marketing strategy. We support you beyond setting up your own business and assist you in case of problems.

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