Workshop on March 6th 2012 @ ICAB Brussels
Creating your company:
Why should you create a company?
How should you do it?
What could the consequences be?
Accounting as a management tool: reading and interpreting Balance Sheet and P&L Statement
How do you read and interpret your two key accounting documents? What can you learn about your partners and competitors from their balance sheet/P&L Statement?
Created for non-professionals in accounting, this workshop intends to give a general knowledge to the starter of what accounting is and how to use accounting as a management tool.
I
The 5 basic financial concepts every entrepreneur should know.
Start or continue your startup activities in 2013 by gaining some relevant financial concepts during a 1½ hour interactive session, where we shall openly talk about the following topics:
* Company setup
* Accounting
* Financial Plan
* Funding your startup
* Valuation/Dilution
http://www.meetup.com/Finance-for-Startups/events/101587782/
Accounting as a management tool: reading and interpreting Balance Sheet and P&L Statement
How do you read and interpret your two key accounting documents? What can you learn about your partners and competitors from their balance sheet/P&L Statement?
Created for non-professionals in accounting, this workshop intends to give a general knowledge to the starter of what accounting is and how to use accounting as a management tool.
I
The 5 basic financial concepts every entrepreneur should know.
Start or continue your startup activities in 2013 by gaining some relevant financial concepts during a 1½ hour interactive session, where we shall openly talk about the following topics:
* Company setup
* Accounting
* Financial Plan
* Funding your startup
* Valuation/Dilution
http://www.meetup.com/Finance-for-Startups/events/101587782/
Accounting as a management tool: reading and interpreting Balance Sheet and P&L Statement
How do you read and interpret your two key accounting documents? What can you learn about your partners and competitors from their balance sheet/P&L Statement?
Created for non-professionals in accounting, this workshop intends to give a general knowledge to the starter of what accounting is and how to use accounting as a management tool.
The 5 basic financial concepts every entrepreneur should know.
Start or continue your startup activities in 2013 by gaining some relevant financial concepts during a 1½ hour interactive session, where we shall openly talk about the following topics:
* Company setup
* Accounting
* Financial Plan
* Funding your startup
* Valuation/Dilution
http://www.meetup.com/Finance-for-Startups/events/101587782/
The 5 basic financial concepts every entrepreneur should know.
Start or continue your startup activities in 2013 by gaining some relevant financial concepts during a 1½ hour interactive session, where we shall openly talk about the following topics:
* Company setup
* Accounting
* Financial Plan
* Funding your startup
* Valuation/Dilution
http://www.meetup.com/Finance-for-Startups/events/101587782/
Financial Concepts for Running your Business (AmCham workshop April 24th 2012)FinanceCoach24
Get the fundamentals right with three simple overviews
- Accounting basics
- Entrepreneurs/starters (financial plan)
Where to look to find the main information
- Balance sheet - profit & loss statement
Cash crunch risk, grow or survive?
- Cash flows & funding in times of crisis
Financial Concepts for Running your Business (AmCham workshop April 24th 2012)Martin van Wunnik
Get the fundamentals right with three simple overviews
- Accounting basics
- Entrepreneurs/starters (financial plan)
Where to look to find the main information
- Balance sheet - profit & loss statement
Cash crunch risk, grow or survive?
- Cash flows & funding in times of crisis
Financial Plan workshop (May 18th, 2015) for Microsoft Innovation Center Brussels' boostcamp programme, together with Catherine Blondiau & Rodolphe d'Udekem d'Akoz of impulse.brussels
Collaboratieve rapportering bij de Elia GroupFinanceCoach24
Publicatie voor FDmagazine over de collaboratieve ‘last-mile’ rapportering bij de geconsolideerde cijfers van de Belgische-Duitse Elia Group:
“Collaboratieve rapportering bij de Elia Group”
Oktober 2021
Elia - 50Hertz Transmission GmbH
#FDMagazine #collaboratieve #aanpak #software #artikel #CFO #FD #toelichtingen #disclosures #notes #Elia #50Hz #financiële #consolidatie #SAP #SAPBPC #BPC #Sturnis365 #excel #word
Accounting as a management tool: reading and interpreting Balance Sheet and P&L Statement
How do you read and interpret your two key accounting documents? What can you learn about your partners and competitors from their balance sheet/P&L Statement?
Created for non-professionals in accounting, this workshop intends to give a general knowledge to the starter of what accounting is and how to use accounting as a management tool.
The 5 basic financial concepts every entrepreneur should know.
Start or continue your startup activities in 2013 by gaining some relevant financial concepts during a 1½ hour interactive session, where we shall openly talk about the following topics:
* Company setup
* Accounting
* Financial Plan
* Funding your startup
* Valuation/Dilution
http://www.meetup.com/Finance-for-Startups/events/101587782/
The 5 basic financial concepts every entrepreneur should know.
Start or continue your startup activities in 2013 by gaining some relevant financial concepts during a 1½ hour interactive session, where we shall openly talk about the following topics:
* Company setup
* Accounting
* Financial Plan
* Funding your startup
* Valuation/Dilution
http://www.meetup.com/Finance-for-Startups/events/101587782/
Financial Concepts for Running your Business (AmCham workshop April 24th 2012)FinanceCoach24
Get the fundamentals right with three simple overviews
- Accounting basics
- Entrepreneurs/starters (financial plan)
Where to look to find the main information
- Balance sheet - profit & loss statement
Cash crunch risk, grow or survive?
- Cash flows & funding in times of crisis
Financial Concepts for Running your Business (AmCham workshop April 24th 2012)Martin van Wunnik
Get the fundamentals right with three simple overviews
- Accounting basics
- Entrepreneurs/starters (financial plan)
Where to look to find the main information
- Balance sheet - profit & loss statement
Cash crunch risk, grow or survive?
- Cash flows & funding in times of crisis
Financial Plan workshop (May 18th, 2015) for Microsoft Innovation Center Brussels' boostcamp programme, together with Catherine Blondiau & Rodolphe d'Udekem d'Akoz of impulse.brussels
Collaboratieve rapportering bij de Elia GroupFinanceCoach24
Publicatie voor FDmagazine over de collaboratieve ‘last-mile’ rapportering bij de geconsolideerde cijfers van de Belgische-Duitse Elia Group:
“Collaboratieve rapportering bij de Elia Group”
Oktober 2021
Elia - 50Hertz Transmission GmbH
#FDMagazine #collaboratieve #aanpak #software #artikel #CFO #FD #toelichtingen #disclosures #notes #Elia #50Hz #financiële #consolidatie #SAP #SAPBPC #BPC #Sturnis365 #excel #word
MIC 2014 Workshop Financial Plan (Nov 2014)FinanceCoach24
Financial Plan workshop (Nov 18th, 2014) for Microsoft Innovation Center Brussels' boostcamp programme, together with Catherine Blondiau of impulse.brussels
My presentation for ULB Solvay Seminar: How to Plan, Launch and Market Your Startup
July 2nd, 2014 (Brussels)
Pictures:
https://www.flickr.com/photos/martin_vw/14388009979/
https://www.flickr.com/photos/martin_vw/14571351331/
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Top mailing list providers in the USA.pptxJeremyPeirce1
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Implicitly or explicitly all competing businesses employ a strategy to select a mix
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price and product quality), as well as assessing competitive and market conditions
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Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Recruiting in the Digital Age: A Social Media MasterclassLuanWise
In this masterclass, presented at the Global HR Summit on 5th June 2024, Luan Wise explored the essential features of social media platforms that support talent acquisition, including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok.
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.AnnySerafinaLove
This letter, written by Kellen Harkins, Course Director at Full Sail University, commends Anny Love's exemplary performance in the Video Sharing Platforms class. It highlights her dedication, willingness to challenge herself, and exceptional skills in production, editing, and marketing across various video platforms like YouTube, TikTok, and Instagram.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
3.0 Project 2_ Developing My Brand Identity Kit.pptx
Workshop: Setup company
1. Finance for Startups workshop
Creating your company:
Why should you create a company?
How should you do it?
What could the consequences be?
Martin van Wunnik
Xavier Corman
07/02/2012 Xavier Corman | Martin van Wunnik 1
3. Creativity
level
Finance & Accounting
level
07/02/2012 Xavier Corman | Martin van Wunnik 3
4. Creating your company
• Company Setup
– Why?
– How?
– What (results) ?
• Group session
• Pizza + individual Q&A
07/02/2012 Xavier Corman | Martin van Wunnik 4
5. Who are we ?
Martin van Wunnik
Xavier Corman
07/02/2012 Xavier Corman | Martin van Wunnik 5
6. This presentation is available for free:
http://www.slideshare.net/xaviercorman
http://www.slideshare.net/FinanceCoach24
07/02/2012 Xavier Corman | Martin van Wunnik 6
7. Why should you create a company?
Limit your liabilities !
Professional business touch
Fiscal : tax rate 34% (24% for 3y)
Funding or grants requests
Succession ...
07/02/2012 Xavier Corman | Martin van Wunnik 7 7
8. Why should you create a company?
Formalities & some costs
(bank, notary, KBO/CBE, social secretary)
Double entry accounting accountant
Revisor for in-natura contributions
Cheat ? 309%
07/02/2012 Xavier Corman | Martin van Wunnik 8 8
9. Minimum capital
Legal
BVBA-SPRL (min.1)
CVBA-SCRL (flexible)
18.550 EUR 6.200 EUR
(or 12.400 EUR)
SA-NV (min.2):
61.500 EUR
REAL minimum = Business required !
07/02/2012 Xavier Corman | Martin van Wunnik 9 9
10. Shareholders Control (>51%)
Absolute / Relative majority
40% - 60%
40% - 10% - 10% -10% -10% -10% -10%
Voting Rights
Class A & B
Minority (blocking) interest
Investors per phase (dilution)!
Stock options:
fiscal implications, buyer required
vesting conditions : targets, period (4y)
07/02/2012 Xavier Corman | Martin van Wunnik 10 10
11. How to finance your start-up ?
07/02/2012 Xavier Corman | Martin van Wunnik 11
12. How should you do it?
Bank
Deposit capital on blocked account
Notary
Statutes: who, why, how, what, where + financial plan
registration + publication
Guichet/Loket
KBO/BCE (knowledge)
Business number (i.e. TVA n° BTW – quarterly/monthly)
Social secretary
Own salary Gérant/Zaakvoerder
Get an Accountant !
07/02/2012 Xavier Corman | Martin van Wunnik 12 12
13. What could the consequences be?
Hats/Personalities
Multiple “Clones” of YOU
Dividend
Profit distribution to shareholders
% ownership
Remuneration
Free & Creative!
07/02/2012 Xavier Corman | Martin van Wunnik 13 13
14. Hats/Personalities
Founders:
3 years responsibility
07/02/2012 Xavier Corman | Martin van Wunnik 14 14
15. 5 questions for an accountant?
Also my tax aspects ?
Urgent questions ?
Quarterly reporting ?
(on-line access to books)
Overview lists (e.g. petty cash) ?
Pricing ?
Own network
07/02/2012 Xavier Corman | Martin van Wunnik 15 15
16. Free & Creative!
Statutes
Business-related costs & investments
07/02/2012 Xavier Corman | Martin van Wunnik 16 16
17. Questions & Answers
Free download:
http://www.slideshare.net/XavierCorman
http://www.slideshare.net/FinanceCoach24
07/02/2012 Xavier Corman | Martin van Wunnik 17
Editor's Notes
Introduction1 : 00:00-00:05 – Martin + Ramon
Introduction1 : 00:00-00:05 - Martin
Introduction1 : 00:00-00:05 – Martin NEXT : XAVIER
Introduction2 : 00:05-00:10 - Xavier
Introduction2 : 00:05-00:10 - Xavier NEXT: MARTIN
Company setup : 00:10-00:25 - Martin
Company setup : 00:10-00:25 - Martin
Company setup : 00:10-00:25 - Martin Who has already created his company ? Who is not in sprl/bvba ?
Company setup : 00:10-00:25 - Martin
Funding : 00:55-01:10 - Martin Friends Family and Fools Next: LEO
Company setup : 00:10-00:25 - Martin Who has already created his company ? Who is not in sprl/bvba ?
Company setup : 00:10-00:25 - Martin Who has already created his company ? Who is not in sprl/bvba ?
Company setup : 00:10-00:25 - Martin Next: Xavier
Company setup : 00:10-00:25 - Martin Who has already created his company ? Who is not in sprl/bvba ?