Starting and building your own business from scratch may not be an easy task. That's why we've put together a little guide to help you do it.
Creating and launching a business can be a real challenge. There are many aspects to consider, especially at the beginning, in order to have a consolidated online business. But do not worry, we are here to guide you. We will tell you which are the steps you should follow so that you can start your business as soon as possible. Should we begin?
Considerations prior to set up a business
Before starting with the administrative procedures, the first thing you must consider when creating a company is the business idea. Next, you should consider the points we mention below.
- Market study to know the situation of the sector in which you will be undertaking.
- Analysis of Weaknesses, Threats, Strengths, and Opportunities (SWOT) to correctly define your business.
- Realistic objectives that you can achieve in the short term. This will allow you to evaluate the performance of your business and correct possible mistakes.
Once you have defined these points, you will have to go into the constitutional process to legalize your venture.
Procedures and steps to set up a business
The incorporation process is essential to get your business up and running. Here are the key points to legalize your business according to the Ministry of Industry, Commerce and Tourism.
- Legal form
You must decide the legal form under which your company will operate, as your tax obligations will depend on it. Depending on your capital, number of partners or expected profits, you can choose between different legal forms (self-employed, limited company, limited liability company, cooperative, etc.).
- Unique and exclusive bank account
We recommend you to create a unique and exclusive bank account for your company where you will deposit the capital stock.
- Articles of Incorporation
This is one of the most important steps since it represents the basis on which your company is constituted. It consists of creating a set of rules that will govern your company, as well as the rights and obligations of the partners.
- Public Deed of Incorporation of the Company
All the partners that constitute the business must sign the deeds before a notary.
- Provisional NIF
When applying for the NIF of your company, you will be given a provisional code and, within 6 months after the application, you will obtain the definitive one.
- Commercial Registry
Once you have a legal structure and the provisional NIF, you will have to incorporate your company before the Mercantile Registry of your province to obtain full legal capacity.
- Definitive NIF
You can do it telematically or at the Tax Office with a digital certificate. With this, your company will be established, and you will be able to start your economic activity with its corresponding fiscal obligations.
Once all these formalities are completed, you can start your business. But now what? What should we do to promote our products and have an online presence? We will tell you about it below!
How to manage the digital presence of your company?
Having a digital presence is key to the development of your business. This way you can promote your products or services and reach many more people. However, it may happen that you want to start doing it and you don't know where to start. For that reason, we recommend you follow these steps.
- Register your web domain
The web domain, or URL, is the virtual address of your business. There are many ways to choose your domain name, but first you must verify that it is available.
- Choose a provider to host your domain name
In addition to the domain name, you need a web host or server to host your website content. A hosting plan is the space that allows your web page to be visible on the Internet at any time and from anywhere in the world. There are many types of servers and many companies that offer hosting services, so the ideal is that you choose one tailored to your needs.
- Define the structure of your web page
Structuring the information on your website in an orderly manner will make it easier for users to find what they are looking for. Create different sections to tell the differential value of your brand and show your products.
- Connect your site with social networks
Although there are many social networks (RRSS), not all of them will be suitable for your business. To select the SSN that best suits your business, you must be clear about where your customers are and which social network best fits the brand environment. This guide will show you what to post on each social network and have a greater impact on consumers.