Business start-ups and entrepreneurship

Business start-ups and entrepreneurship
What is entrepreneurship?

Entrepreneurship and start-ups are ways of becoming professionally independent.

If you want to start your own business or want to work as a freelancer, you have to register at an institution, an authority or at one of the chambers (Chamber of Industry and Commerce, IHK, or Chamber of Skilled Crafts, HWK) – it depends on the kind of work which you want to do. Similarly, there are various requirements and rules for registering your start-up. Here, it also depends on your line of work and your occupation which rules are important. Doctors, for example, need to register at the Medical Association, while traders have to register their business at the Trade Office. The different rules and regulations are called registration procedure. If you want to work in the skilled crafts sector, the Chamber of Skilled Crafts is responsible for you. Some businesses also require specific qualifications, permits or licences. On the other hand, there are liberal professions or freelancers who only have to register at the Tax Office.  And some businesses need to be registered at more than one institution.

If you want to start your own business, a consultation can be of help while you develop your business plan. The business plan should include, for example, the amount of money you intend to earn.

The Thuringian Centre for Start-ups and Entrepreneurship (ThEX) offers you free-of-charge consultations and important information on how to start your own business. If you are a citizen of a country other than Germany, you can find a similar range of services specifically for migrants at the IQ-Service Centre Entrepreneurship (BWTW). You can find further Information in English on entrepreneurship in general on the website of the Federal Ministry for Economic Affairs and Energy (BMWi).
E.g. freelancing, permits ...

What is business support?

You have founded your company some time ago and have successfully established your business on the market? As a small or medium-sized enterprise you have been watching the market of your product or service and have been wondering about the size of your business? Have you already reached the optimum size for your business? Or should you expand your offer?

These questions are without doubt part of your responsibility as an entrepreneur. Aside from looking after your business’ revenue you have to constantly deal with taxes, legal questions and the HR management. But these questions should not keep you awake at night.

The Thuringian Centre for Start-ups and Entrepreneurship (ThEX) supports you if you have questions on digitalisation, creative industry or subsidised consultations by independent business consultants.
E.g. funding, guidelines and conditions ...

What is business succession?

A personnel change in the management of an enterprise is called succession.

Current estimates indicate that between 2014 and 2018 2,800 Thuringian enterprises with 39,000 employees will implement a succession plan. On the other hand, there is the problem of sinking numbers of new start-ups. Therefore, there is also a sinking number of potential successors. As a result, many businesses are confronted with considerable problems in finding suitable successors. It is essential for a sustainable Thuringian economy that the upcoming transfers of business ownership are completed and that suitable successors are found.

Do you work in a business which requires a successor? Or are you an entrepreneur interested in taking over an existing enterprise? The Thuringian Centre for Start-ups and Entrepreneurship (ThEX) will gladly support you in realising your plans with the help of succession guides.
E.g. reasons, process ...