Hi. Me and a friend of mine have had a great business idea. We have been talking for some time already about turning that idea into reality and running a company together. As we have never done anything similar before, all kinds of questions are now arising. What type of company? How can we get funding? And so on and so forth. Who can point us in the right direction?
Hello searching souls! Starting a business is certainly not something you should take lightly. In that respect you are certainly doing the right thing in wanting to explore all your options carefully before doing anything. Which type of company is right for you depends on the type of business you are going to be doing, and of course on how many people will be involved. As for the funding, you could either get start up credit from a bank, or find private investors. In both cases you will need a good business plan.