Setting up a business
starts from a good business idea

Things to consider and do before setting up a business

CUSTOMER AND SUPPLY
Which problem do you want to solve, or customer need to fill? What are your products and services? Who is your most potential (and profitable) customer?  Where and which way is your customer used to buying their product or service? Explore the local premises market in The Premises Directory.

MARKET AND COMPETITION
What is the competitive situation in the market? What is the customer potential? Is there still room for a new operator? What will make your business stand out and customer to choose your company over another supplier? Check out other Seinäjoki companies in the The Business Directory.

TEST MARKETING 
Test your business idea as early as possible with real customers. Is your offer interesting? Does it meet the customer’s needs? Take advantage of the feedback and fine-tune what you offer to meet the needs of customers in the best possible way.

FINANCIAL RESOURCES
How do you finance the initial stages of your business (premises, equipment etc.)? What is the cost structure of your company? What are the pricing principles? How much sales are needed to be profitable? Take care of accounting services, invoicing tools and bank account. Learn also about taxes. 

HUMAN RESOURCES
What additional skills are needed in your team? Do you have sufficient business know-how and persistence in the long run? What needs to be outsourced? Who do you need to network with? Explore other Seinäjoki companies in The Business Directory.

REGULATIONS AND REGISTRATIONS
Find out about business registrations, permits and other legal obligations needed to run a business in Finland. Before setting up the company check also the availability of planned business name.

PROTECTION OF ASSETS
Reserve the domain name and social media accounts for the company. If necessary, take care of trademark protections. Also take care of the company’s and entrepreneur’s insurance, as well as employee insurance and occupational safety. Remember to make all company agreements in writing.

BUSINESS PLAN AND CALCULATIONS
After considering the things above, start preparing a more detailed business and financial plans. More information on setting up a business Finland you may find in Guide to Entrepreneurship and Infofinland.fi

Further counselling

• If you are a student in Seinäjoki University of Applied Science, business counselling is provided to all students by Y-Zone Business Hub.
• If you need counselling on practical matters in setting up a business (e.g. registrations, taxes), book a counselling time on-line to Uusyrityskeskus Neuvoa-Antava. Read more about setting up a business in The Entrepreneur’s Guide.
• If you are unemployed and actively seeking for a job, contact your personal job search advisor at TyöLakeus before setting up a business.
• If you need guidance and advice on general daily life issues and local services, contact Immigrant’s Advisory and Guidance Service MONI-Info.
• If you need counselling on boosting your business idea in general, book a counselling time to Into Seinäjoki’s Business Services (booking calendar below). Together we’ll refine your idea – find out its special features, challenges and opportunities.