HOW TO START A BUSINESS

1. HOW TO START A BUSINESS

2. Business’Start up Operation and the period during is started a new established company. The entrepreneur can invest money in resources and technical knowledges.

3. What To Produce.. Industrial entreprises that produce existing goods , new goods (patents) or sevices can be started.

4. How to Produce.. The entrepreneur must examine the market in which he intends operating and the competitors, customers and suppliers.

5. How much produce • The entrepreneur must produce a quantity to cover fixes and variables costs and to get a profit. (Break even point).

6. Break even point. Fixes costs: The costs don’t change with the quantity product. Variables costs:The costs that change with the quantity product.

7. To start a business you need to: A Business idea Assess whether this is economically and financially sustainable (economic and financial aspects) Verify that you have certificates of permission Obtain any permits / licenses / authorizations required Translate the business plan into a well-articulated concrete plan (business plan)

8. FINANCIAL ANALYSIS To run a business you need financial sources. A balanced financial structure is characterized by the correlation between assets (investements) and passive ( debts and risk capital)

9. Market Analysis It is necessary to examine : • Competitors; • Customers; • Suppliers; • Tendency of market.

10. Business idea Is fundamental needed a business ideas : • What • How • How much …………………to produce

11. BUSINESS PLAN • The Business Plan is a document structured according to a precise and rigid scheme • The description of the business project consist in the presentation of the activity that you want to start and the right motivation • What needs you want to satisfy • What is the market in witch you want to operate • What are the personal attitudes and skills that bring the entrepreneur to enter into a given sector

12. MODEL OF BUSINESS PLAN • Description of enteprise • Description of project • Commercial aspects • Productive aspects • Business potentiality • Occupational aspects • Economic and financial planning

13. Registration to C.C.I.A.A. When you establish a business you must send a single communication to the C.C.I.A.A. The”unique communication” is the only tool that all businesses must use to manage the procedures for the starting,modification and termination of activities. Only one practice is common the Chamber of Commerce about the initiation,modification or termitation of activities.

14. VAT REGISTRATION NUMBER The VAT REGISTRATION NUMBER is a sequence of digit that identifies a person who exercises a business . STRUCTURE OF VAT REGISTRATION NUMBER The VAT registration number consists in 11 digits: • The first seven digits represent identification number of subject assigned by the relevant provincial office; • The figures eigth to tenth indicate the provincial code of the office that issued the registration number; • The eleventh digit, finally, is a control code, introduced in order to verify the correctness of the first ten digits.

15. INPS and INAIL • The National Institute of Social Security (INPS) is the main Italian institution to wich all private employees and self employed must be insured • The National Institute for Insurance against Accidents at Work and Occupational Diseases (INAIL) is a public non-profit organization under the supervision of the Ministry of Labourand Social Policies Italian.

16. COMPANY INFORMATION SYSTEM The information system collects data and turns them into useful information for corporate management.

17. ACCOUNTING BOOKS • General journal • Ledger • Inventory book • Payroll • Balance sheet • Accident register

18. Income statement

19. BALANCE SHEET