SETTING UP A BUSINESS; 
THE TACTICAL ISSUES 
DEMETRIS C. HADJISOFOCLI 
ENTREPRENEURSHIP FRONTIER NETWORK, LTD.
THE RULES 
• DECIDE ON A BUSINESS STRUCTURE 
• REGISTER YOUR BUSINESS 
• UNDERSTAND TAX RESPONSIBILITIES 
• PURCHASE INSURANCE 
• LEGAL SERVICES
OFFICE SET UP 
• FIND SPACE 
• OFFICE FURNITURE AND EQUIPMENT 
• OFFICE SUPPLIES 
• CHOOSE HW/SW 
• GET CONNECTED 
• BACK OFFICE SYSTEMS SET UP 
• SHIPPING ACCOUNTS 
• TECHNICAL SUPPORT
ANYTIME/ANYWHERE MOBILITY 
• MOBILE DEVICES 
• PORTABLES WITH WI/FI 
• MOBILES 
• REMOTE ACCESS 
• SECURITY 
• COLLABORATION SOFTWARE
BRANDING 
• NAME 
• LOGO 
• DEVELOP AND PRINT MARKETING MATERIAL 
• WEB SITE 
• DOMAIN NAME 
• IP PROTECTION
PROMOTION 
• RESEARCH THE MARKET 
• DEVELOP MARKETING PLAN 
• PLACE ADVERTS 
• USE SEARCH ENGINES 
• USE PR RESOURCES 
• CONSIDER TRADE SHOWS 
• TRACK RESULTS
SALES 
• DEVELOP A SALES PLAN 
• SET UP PAYMENT SYSTEM 
• SELL ONLINE 
• SELL OVER THE PHONE 
• SELL VIA RETAIL 
• SET UP A POS SYSTEM 
• GET CUSTOMER CREDIT RATINGS 
• TRACK CUSTOMER RELATIONSHIPS
FINANCES 
• ESTIMATE COST AND REVENUE 
• FIND CAPITAL 
• DESIGN CASH MANAGEMENT SYSTEM 
• HIRE AN ACCOUNTANT 
• CHOOSE INTERNAL ACCOUNTING SYSTEM 
• SET UP BANKING SERVICES 
• INVENTORY MANAGEMENT
HUMAN RESOURCES 
• EMPLOYEE STATUS 
• RECRUITING 
• OUTSOURCING POLICIES AND DECISIONS 
• UNDERSTAND EMPLOYMENT LAW 
• TAX ISSUES RELATING TO EMPLOYEES 
• EMPLOYEE BENEFITS 
• TRAINING 
• PAYROLL 
• RETIREMENTS PLANS ETC
OPERATIONS 
• PROCESS FLOW 
• INVENTORY MANAGEMENT AND CONTROL (JUST IN TIME) 
• SCHEDULING SYSTEM 
• RESOURCE MANAGEMENT 
• SUPPLIERS (SUPPLY CHAIN MANAGEMENT)
THANKS FOR YOUR TIME

Setting up a Business; The Tactical Issues

  • 1.
    SETTING UP ABUSINESS; THE TACTICAL ISSUES DEMETRIS C. HADJISOFOCLI ENTREPRENEURSHIP FRONTIER NETWORK, LTD.
  • 2.
    THE RULES •DECIDE ON A BUSINESS STRUCTURE • REGISTER YOUR BUSINESS • UNDERSTAND TAX RESPONSIBILITIES • PURCHASE INSURANCE • LEGAL SERVICES
  • 3.
    OFFICE SET UP • FIND SPACE • OFFICE FURNITURE AND EQUIPMENT • OFFICE SUPPLIES • CHOOSE HW/SW • GET CONNECTED • BACK OFFICE SYSTEMS SET UP • SHIPPING ACCOUNTS • TECHNICAL SUPPORT
  • 4.
    ANYTIME/ANYWHERE MOBILITY •MOBILE DEVICES • PORTABLES WITH WI/FI • MOBILES • REMOTE ACCESS • SECURITY • COLLABORATION SOFTWARE
  • 5.
    BRANDING • NAME • LOGO • DEVELOP AND PRINT MARKETING MATERIAL • WEB SITE • DOMAIN NAME • IP PROTECTION
  • 6.
    PROMOTION • RESEARCHTHE MARKET • DEVELOP MARKETING PLAN • PLACE ADVERTS • USE SEARCH ENGINES • USE PR RESOURCES • CONSIDER TRADE SHOWS • TRACK RESULTS
  • 7.
    SALES • DEVELOPA SALES PLAN • SET UP PAYMENT SYSTEM • SELL ONLINE • SELL OVER THE PHONE • SELL VIA RETAIL • SET UP A POS SYSTEM • GET CUSTOMER CREDIT RATINGS • TRACK CUSTOMER RELATIONSHIPS
  • 8.
    FINANCES • ESTIMATECOST AND REVENUE • FIND CAPITAL • DESIGN CASH MANAGEMENT SYSTEM • HIRE AN ACCOUNTANT • CHOOSE INTERNAL ACCOUNTING SYSTEM • SET UP BANKING SERVICES • INVENTORY MANAGEMENT
  • 9.
    HUMAN RESOURCES •EMPLOYEE STATUS • RECRUITING • OUTSOURCING POLICIES AND DECISIONS • UNDERSTAND EMPLOYMENT LAW • TAX ISSUES RELATING TO EMPLOYEES • EMPLOYEE BENEFITS • TRAINING • PAYROLL • RETIREMENTS PLANS ETC
  • 10.
    OPERATIONS • PROCESSFLOW • INVENTORY MANAGEMENT AND CONTROL (JUST IN TIME) • SCHEDULING SYSTEM • RESOURCE MANAGEMENT • SUPPLIERS (SUPPLY CHAIN MANAGEMENT)
  • 11.