How to start a business in Sweden

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Presentation transcript:

How to start a business in Sweden Erasmus+

Idea What will you provide? Approximately how much will you sell? Competition Costs and income Website Future

Business Trader Partnership Joint- stock- company Sole trade company

Support organizations Plenty support organizations Nyföretagarcentrum; “free, objective and confidential” Småföretagarnas Riksförbund, Membership with perks Banks: Handelsbanken, Nordea and SEB

Banks Handelsbanken Nordea SEB Swedbank

Registration Name, list of employees and the name of the founder Different rules for different companies. Sole trader Joint stock company Trading or limited company

Businessplan The way you plan to run your company, your strategy Essential if you want investors or capital financed by others Employees, location, income and profits Consider the pros and cons, risks and competitors What will your company look like? Do a market analysis Do you have any competition? Development of the product/service provided Plan of distribution of tasks and general management Financial data is essential

Finance Deposit, 50 000 Swedish kronor Run for at least six months Expenses, private economy Get investors/a bank to finance your company if needed Venture capitalists Crowdfunding Investors Bank

Taxes - Tax on the profit - Company tax, preliminary tax - A-tax, paid for physical or legal person - Local tax, you pay to your local government

Marketing - The key to your company's success - Advertise on social media, you’ll reach a huge amount of people - Where to advertise depends on what you’re selling and who you want to sell it to - Contact the TV channel or the social media, by mail for example

Insurances - Business insurance - UIF (unemployment insurance fund) - You as an entrepreneur - Sickness benefit, parent benefit, pension etc