1 / 9

How to Start an Enterprise in FINLAND

How to Start an Enterprise in FINLAND . Entrepreneurship in Finland. Finland has a total of 262 548 enterprises of which 99,8 % are small or medium-sized , employing less than 250 people. 93,4 % of Finnish companies have fewer than 10 employees.

paxton
Download Presentation

How to Start an Enterprise in FINLAND

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How to Start an Enterprise in FINLAND

  2. Entrepreneurship in Finland • Finland has a total of 262 548 enterprises of which 99,8 % are small or medium-sized, employing less than 250 people. • 93,4 % of Finnish companies have fewer than 10 employees. • The role of SMEs in Finnish employment and the economy is quite significant. • The proportion of entrepreneurs in Finland is below the EU and OECD average. The same is also true regarding the number of people who plan to start their own companies. The fact that fewer people in Finland intend to choose entrepreneurship as a career, when compared to other countries, is somewhatsurprising as many surveys show entrepreneurship is held in high regard within Finland.

  3. Whatkind of companiescanweestablish? • Limited partnership- based on a formalcontractthat is signedbyall the associatingstockholders • Joint-stockcompany - stockholderssigna formalcontract of establishment. • Cooperative - at leastthreefounders for a cooperativecompany.

  4. How arestart-upcompaniessupported?

  5. Advice A new entrepreneurcanreceiveguidancefrom • ELY = The Centre for Economic Development, Transport and the Environment(the regional implementation and development tasks of the state administration). • The Federation of Finnish Enterprises/ localoffices • SpecialCentres for Start-Up Enterprises (Uusyrityskeskukset) whichespeciallywork for assistingstart-upcompanies, helpingthem to create a business plan • Help = Pamphlets,guides, books, webpages, meetings: advice in planning, funding, taxation, marketing etc. • Mentor / tutor cooperation: an experiencedentrepreneurssupports the newcomer.

  6. From The guidebookby Uusyrityskeskus: • What is entrepreneurship? 4 • So could you become an entrepreneur? 5 • The various forms of entrepreneurship 6 • Stages of establishing an enterprise 8 • Turning an enterprise idea 9 • into a business idea 9 • Business plan10 • SWOT analysis15 • Risk management 15 • Marketing and advertising16 • Pricing18 • Funding for a new business start-up 20

  7. Financing Financial supportfrom • Ministry of Employment: start money for a start-upcompany • ELY (The Centre for Economic Development, Transport and the Environment) • Aalto start-up center (Helsinki) • Someprivateinvestors

  8. Insurance • mandatory- to protect the entrepreneurfromlosingallhis money and belongings • optional • Lastyear , 2 269 companieswentbankrupt in Finland between the period of January-September.

  9. Registeringyourenterprise • The new enterprisemustberegistered in the FinnishTrade Register. • The entrepreneurcanbecome a member of The Federation of Finnish Enterprises > free legal advice on employment legislation, contract law, andcorporate taxation; training services.

More Related