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8 Tips for Business Registration

Many people who would like to or have to register their businesses at the trade office stumble over the same mistakes. I have complied the 5 most common and significant mistakes that I have seen over the course of my career as a start-up coach:

Don’t start off making it your primary occupation!

The thought is tempting: Step out of the hamster wheel of employment and be the boss! Disillusionment can come quick: those who enter 100% self-employment without having the business up an running properly, usually end up paying extremely high health insurance and pension contributions that can ruin founders financially.

 

Caution: Even if you do not have another job, you can still set up your business as a secondary occupation! Therefore, consider this first, whether or not you would like to register your business as a secondary occupation or not. The responsible trade office can give you valuable help with this decision – a short call can bring you further simply and without complication.

BUSINESS REGISTRATION, ONLY IF ABSOLUTELY NECESSARY!

If you have your business concept assessed by a professional, you may find that you can work as a freelancer and are not required to register your business at the trade office – which saves you money when it comes to trade tax and pension payments. So please talk to an expert before going to the trade office. Do you just want to sell something in the short term and have no intention of making a profit? Then under certain circumstances registration is also not required!

DECLARE THE RIGHT BUSINESS

If you are not very careful, you may make a mistake in the registration process. Best example: A photo editor registers themselves as a photographer at the trade office – he ends up in the Chamber of Crafts, is obligated to pay minimum amounts into the pension fund, does not receive artists’ social insurance and bleeds out financially – completely unnecessarily. This applies to all other professions: Before registering check everything carefully and talk to an expert!

 

As a start-up coach and management consultant, I am happy to help you: simply send me an email to info@starthilfe-beratung.de, or if you have concrete questions, give me a quick call at 0800 143 0000.

 

 For all business founders, my 29-page founder guide is available completely free of charge – just download it for free! Inside there are detailed explanations and identification of the most common mistakes and stumbling blocks every business start-up faces.

8 Tipps zur Gewerbeanmeldung

INCIDENTLLY:

The initially telephone call and brief information are always free of charge. I am also happy to take over the business registration and help complete tax registration for a small fee. Of course, I can also advise you on all aspects of setting up a company as part of a 100% funded business start-up consultancy.

DON’T START OUT AS A SMALL BUSINESS ENTERPRISE UNLESS NECESSARY!

Almost every founder has engaged in the misconception that starting a business is easier and automatically better than what they are currently doing – sometimes based on the idea of saving sales tax alone. Unfortunately, this has proved to be less conducive in everyday business life, especially in the start-up phase, a small business owner loses the option of getting certain investments back through VAT! Therefore, check before registering your business, or at the very latest when you recieve the initial registration form from the tax office, whether registering as a small businesses really makes sense for you.

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CHOOSE THE RIGHT BUSINESS FORM FROM DAY ONE

Because costs appear lower and liability is limited, entrepreneurial companies (UG) have been pushing the market in recent years. Again, misjudgment on the part of many start-up entrepreneurs is the reason for this decision because, in fact, UG’s require at least 2,000 euros per year more in accounting services (as compared to a GbR or sole proprietorship). The liability limitation only makes sense in rare cases and can therefore be left out.

 

Here you will find everything in detail and many additional tips as a free PDF to download !

GET IMPORTANT SUPPORT FROM DAY ONE

Would you like a competent start-up consultant at your side right from the beginning and do everything right? Then just send me an email to info@starthilfe-beratung.de to discuss specific questions. You can also contact me by phone at 0800 143 0000 – the initial phone conversation is free of charge!

CONSULTING SUPPORT FOR START-UPS

If you are interested in my offer, you should take advantage of subsidies for start-up consulting:

From free pre-start consultation to start-up consulting, state-funded up to 80%!

FACTS ON BUSINESS (DE)REGISTRATION

The numbers of registrations and deregistrations are sobering: The number of businesses in Dresden remains almost consistent at 49,500, although there are more than 5,300 new business registrations per year. Unfortunately the number of business deregistrations is just as high – stagnation is the result. If you would like to read more, you can look at the figures for Dresden (Link?). (The document) You can read about the number of businesses in different categories, such as (construction, catering, etc.) and other informative details.

 

A positive recent development has been that in the context of digitalization and networking, today it is a lot easier for founders register their businesses than even a few years ago. Quite a few organizations even offer online services and forms that can be used by business start-ups.

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