The cost of business 1100 locations  |  500 cities  |  85 countries Presented by: Name  |  Date: Date
Overview <ul><li>What is the  true  cost of setting up a business? </li></ul><ul><li>What are the key  expenses  in launch...
Year One – Key Business Costs <ul><li>Set-up and registration </li></ul><ul><li>Accountancy and tax </li></ul><ul><li>Prem...
The business plan Competitors Customers Suppliers Copyright Patents Staff Tech Skills Finance Marketing Cash flow
Cost 1: Set-up and registration <ul><li>Company Formation: </li></ul><ul><ul><li>Private limited company (Ltd)  </li></ul>...
Cost 2: Accountancy and tax <ul><li>Accountant </li></ul><ul><li>Bookkeeping </li></ul><ul><li>Annual Tax Returns </li></u...
Cost 4: Staff + Wages Cost considerations Cost of staff 40-100%  additional   cost <ul><li>Holiday pay </li></ul><ul><li>A...
Cost 3: Premises <ul><li>Home working </li></ul><ul><ul><li>from  € 200   per month </li></ul></ul><ul><li>Long lease offi...
Cost 5: Running the business Stationery Office Furniture Legal Health & Safety Direct mail Marketing IT Phone support Data...
Cost 6: Website and marketing <ul><li>Brochures </li></ul><ul><li>Stationary print costs </li></ul><ul><li>Promotion </li>...
Cost 8: Cash management  &  factoring 1 in 3  start-up business fail Cash flow problems key cause FACTORING Invoice Factor...
And finally… Remember… <ul><li>Watch out for the upsell </li></ul><ul><li>Don’t spend money on things you don’t really nee...
Upcoming SlideShare
Loading in...5
×

The Cost of Starting a Business in Spain

1,414

Published on

Companies all over the world come to Regus to find the flexible workspace that enables them to do business more effectively. We have over 800,000 customers using our business centres every day, this gives us a wealth of experience in all workplace issues. If you’re looking for an expert to speak at your event, big or small, we are happy to provide trained speakers to talk about the issues your audience want to discuss.

Please contact Henry Collinge at press.office@regus.com if you would like a Regus speaker to present at your event.

Find out more about Regus: http://www.regus.com/?utm_campaign=slideshare

Published in: Business
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
1,414
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
0
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

The Cost of Starting a Business in Spain

  1. 1. The cost of business 1100 locations | 500 cities | 85 countries Presented by: Name | Date: Date
  2. 2. Overview <ul><li>What is the true cost of setting up a business? </li></ul><ul><li>What are the key expenses in launching a business? </li></ul><ul><li>Is there any way to control your costs? </li></ul>
  3. 3. Year One – Key Business Costs <ul><li>Set-up and registration </li></ul><ul><li>Accountancy and tax </li></ul><ul><li>Premises </li></ul><ul><li>Staff costs </li></ul><ul><li>Running the business </li></ul><ul><li>Website and marketing </li></ul><ul><li>Health and safety </li></ul><ul><li>Cash management & factoring </li></ul>
  4. 4. The business plan Competitors Customers Suppliers Copyright Patents Staff Tech Skills Finance Marketing Cash flow
  5. 5. Cost 1: Set-up and registration <ul><li>Company Formation: </li></ul><ul><ul><li>Private limited company (Ltd) </li></ul></ul><ul><ul><li>Partnership </li></ul></ul><ul><ul><li>Limited liability partnership (LLP) </li></ul></ul><ul><ul><li>Sole trader </li></ul></ul><ul><li>Requirements: </li></ul><ul><ul><li>Unique name </li></ul></ul><ul><ul><li>Preparing the memorandum and articles of association </li></ul></ul><ul><ul><li>Filing incorporation docs </li></ul></ul><ul><ul><li>Registering for country Tax </li></ul></ul><ul><ul><li>Signing up for employers’ liability insurance </li></ul></ul>FROM € 250 COST
  6. 6. Cost 2: Accountancy and tax <ul><li>Accountant </li></ul><ul><li>Bookkeeping </li></ul><ul><li>Annual Tax Returns </li></ul><ul><li>Payroll </li></ul><ul><li>Audit </li></ul>ALLOW € 800 COST
  7. 7. Cost 4: Staff + Wages Cost considerations Cost of staff 40-100% additional cost <ul><li>Holiday pay </li></ul><ul><li>Absences </li></ul><ul><li>Employers Tax </li></ul><ul><li>Insurance premiums </li></ul><ul><li>Administrative costs </li></ul><ul><li>Maternity/Paternity pay </li></ul>COST FROM € 2500
  8. 8. Cost 3: Premises <ul><li>Home working </li></ul><ul><ul><li>from € 200 per month </li></ul></ul><ul><li>Long lease office space </li></ul><ul><ul><li>from €1000 per month </li></ul></ul><ul><li>Serviced Offices </li></ul><ul><ul><li>from €400 per month </li></ul></ul><ul><li>Mobile working </li></ul><ul><ul><li>from €350 per month </li></ul></ul>
  9. 9. Cost 5: Running the business Stationery Office Furniture Legal Health & Safety Direct mail Marketing IT Phone support Data Recovery Reception Security Cleaning Maintenance Software Hardware Systems APPROX € 1000 COST
  10. 10. Cost 6: Website and marketing <ul><li>Brochures </li></ul><ul><li>Stationary print costs </li></ul><ul><li>Promotion </li></ul><ul><li>Website Costs </li></ul><ul><li>Advertising </li></ul>FROM € 500 COST
  11. 11. Cost 8: Cash management & factoring 1 in 3 start-up business fail Cash flow problems key cause FACTORING Invoice Factor/ Bank 85% Fees: 1.5-3% over base rate Admin: 0.75-2.5% turnover Invoice Discounting Invoice Bank Up to 90% Collects debt Fees: 1.5-3% over base rate Admin: 0.2-0.5% turnover Collects debt Cash flow solution includes: FROM € 200 COST
  12. 12. And finally… Remember… <ul><li>Watch out for the upsell </li></ul><ul><li>Don’t spend money on things you don’t really need </li></ul><ul><li>Factor in the cost of your time </li></ul>

×