How to Open a Service Company

 The ever-present demand on the market for professional advice and services makes a service-related activity a good business opportunity : it is important, however, to clarify immediately that it is necessary to have specific preparation in the sector in which you want to enter and know the market well of reference .

 Before starting a business, therefore, it is essential to create a business plan in which medium and long-term strategy and objectives, financial coverage and market penetration methods are indicated.

 You can start a business in various sectors, for example:

 1.       postal services

2.       tourist services

3.       Personal services (for example, aged care services, housekeeper services, etc.)

4.       marketing consultancy

5.       cleaning companies

6.       Administrative services

7.       financial and insurance services

8.       management of libraries and archives

 In short, the possibilities in the field of services are many: let's see then how to create a service company; what are the costs and the bureaucratic procedure to follow.

 The procedure to follow to start a service company

The path to follow to start a Service company is similar to that of many other types of businesses.

 First, an authorization must be sought from the Department of Communications of the Ministry of Economic Development.

 You must then open the VAT number, choosing the code most suitable for your business: the advice of a trained accountant is essential.

 Subsequently, Business registration must be made to the Chamber of Commerce (mandatory in the case of opening of an individual company).

 Depending on the activity, specific authorizations, licenses and certifications must be requested .

 The fire certificate issued by the Fire Brigade will also be needed.

 Registrations must also be made to (for the protection from accidents at work) and (according to the code, to the Craftsmen and Merchants cash desk or to the Separate one).

 Finally, at least one month before the actual start of the activity, the Certified Start of Activity Report  must be sent to the municipality (electronically). In the following 60 days, then, the competent office will verify the actual possession of the requirements stated in the document.

 What are the costs of starting a service company?

In this case, the costs depend above all on the sector chosen and what the activity for its performance requires, in terms of equipment and material above all.

In principle, to start a service company, the following must be considered:

 1.       the costs associated with renting or purchasing the premises (at least 20 sq m up)

2.       expenses for equipment and material useful for the activity

3.       the costs related to the opening of the VAT number

4.       registration in the Register of Companies of the Chamber of Commerce

5.       the costs of hiring employees and staff

 If it is true that making an exact calculation of costs is difficult, it can be said that to start a service company,

 A good opportunity is represented by franchising : joining a company that offers this type of business model allows you to cut costs .

 If the costs may appear high, we must remember that there is always the possibility of obtaining financing (regional, state or Asian) to start your own business: there are many opportunities, even with a non-refundable basis, to give life to your business idea.

 Open a service company: advantages and disadvantages

 Before opening a service company, it is necessary to carefully evaluate the pros and cons related to this type of activity.

 On the one hand, the market for service companies is flourishing: specialist or personal services are always in great demand. The more specialized they are, the higher the profit.

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 However, it is good to remember that we are talking about a highly competitive market and the best known brands have more grip on the public.

 Consequently, before starting a service company it is important to study the target market very carefully and create a detailed and "realistic" business plan to understand if there is a possibility of success or if the risks outweigh the opportunities.

 Open a service business: do you need advice?

 Have you decided to enter the services business ? Well, you will need a complete business plan and to know the sector of reference well, you will also have to follow a very precise bureaucratic procedure and have enough funds to start. Does it seem complicated to you? Don't worry, contact us: we will follow you every step of the way to help you start your service company; we will also take care of the paperwork necessary to obtain funding to leave. Fill out the form and request your free consultation!