{"id":15299,"date":"2025-09-19T14:06:08","date_gmt":"2025-09-19T11:06:08","guid":{"rendered":"https:\/\/uusyrityskeskus.fi\/checklist-for-new-entrepreneurs\/"},"modified":"2025-10-17T12:36:37","modified_gmt":"2025-10-17T09:36:37","slug":"checklist-for-new-entrepreneurs","status":"publish","type":"page","link":"https:\/\/uusyrityskeskus.fi\/en\/checklist-for-new-entrepreneurs\/","title":{"rendered":"Checklist for new entrepreneurs"},"content":{"rendered":"\n
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Checklist for new entrepreneurs<\/h1>\n<\/div>\n<\/div>\n\n
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Etusivu<\/a><\/span> \u00bb Checklist for new entrepreneurs<\/span><\/span><\/div><\/div>\n<\/div>\n\n
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Checklist for new entrepreneurs<\/h2>\n\n\n\n

This checklist summarises the most important points that should be considered and addressed when establishing a new company. Review the list step-by-step \u2013 you can use it to support your planning, in a conversation with a business advisor, or as a checklist before you click on the \u201cStart a business\u201d button. <\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n

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\ud83d\udca1 Entrepreneurship starts with an idea<\/h3>\n\n\n\n

A good company is born from a good idea and careful preparation.<\/em><\/p>\n\n\n\n

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    Clarify your business idea \u2013 what problem will you solve, to whom will you sell and why would the customer choose you?<\/div><\/div><\/li>\n\n\n\n
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    Create a business plan \u2013 write down the goals, customers, products\/services and procedure.<\/div><\/div><\/li>\n\n\n\n
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    Perform profitability and funding calculations \u2013 estimate the income and costs realistically. Pay attention to pricing. <\/div><\/div><\/li>\n\n\n\n
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    Meet experts and discuss your idea \u2013 book an appointment for business guidance and utilise networks.<\/div><\/div><\/li>\n\n\n\n
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    Reflect on your own livelihood and unemployment security \u2013 how will you live before the company starts to make a profit? Find out about the possibility of a start-up grant and other subsidies. <\/div><\/div><\/li>\n\n\n\n
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    Determine your unemployment security as an entrepreneur \u2013 benefits are usually not available until the end of business operations; join the Entrepreneur Fund in time if you want earnings-related benefits instead of Kela benefits.<\/div><\/div><\/li>\n\n\n\n
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    Apply for funding for the company\u2019s needs from Finnvera, Business Finland or a bank. Private investors and equity investors may also be an option. Remember the self-financing share and securities. <\/div><\/div><\/li>\n\n\n\n
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    Check any permits and notifications \u2013 are the operations subject to a permit or do they require special approvals?<\/div><\/div><\/li>\n<\/ul><\/div>\n<\/div>\n\n\n\n
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    \ud83c\udfdb The stages of establishing a business<\/h3>\n\n\n\n

    When the foundation is strong, the practical steps are easier.<\/em><\/em><\/p>\n\n\n\n

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      Choose the most suitable form of company \u2013 trading name, limited liability company, general partnership, limited partnership or cooperative? The form will affect liabilities and taxation. <\/div><\/div><\/li>\n\n\n\n
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      Choose the company name and protect it if necessary \u2013 check the availability, consider a trademark and a domain name.<\/div><\/div><\/li>\n\n\n\n
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      Register the company correctly \u2013 submit the start-up notification in the Business Information System (YTJ) and also register with the necessary tax authority registers (VAT, advance tax, employer register).<\/div><\/div><\/li>\n\n\n\n
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      Open a bank account for the company and select payment methods \u2013 separate the company\u2019s money from the owner\u2019s money. Think about invoicing, payment terminals and e-commerce. <\/div><\/div><\/li>\n\n\n\n
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      Arrange bookkeeping and choose an accounting firm \u2013 bookkeeping is required by law but also a business management tool.<\/div><\/div><\/li>\n\n\n\n
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      Insure the company and the entrepreneur \u2013 YEL is required by law. Liability insurance, property insurance, accident insurance, and patient or motor vehicle insurance may also be necessary.<\/div><\/div><\/li>\n\n\n\n
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      Acquire facilities, machinery and equipment \u2013 compare rental and purchase options, take care of the contracts.<\/div><\/div><\/li>\n\n\n\n
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      Take care of safety and information security \u2013 make sure that the products and services meet safety requirements, that the instructions and markings are in order and that customer and payment information are carefully protected.<\/div><\/div><\/li>\n<\/ul><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n
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      \ud83d\udcb6 Daily business and managing it<\/h3>\n\n\n\n

      Managing the daily work builds the foundation of a successful company.<\/em><\/em><\/p>\n\n\n\n

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        Plan and track marketing and customer acquisition \u2013 how do customers find you and what is the customer experience?<\/div><\/div><\/li>\n\n\n\n
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        Act responsibly \u2013 take the environment, people and economy into account, treat everyone equally, comply with consumer protection and also ensure data protection.<\/div><\/div><\/li>\n\n\n\n
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        Manage the company finances \u2013 monitor the cash flow, send invoices on time, plan investments and understand the importance of accounting and financial statements.<\/div><\/div><\/li>\n\n\n\n
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        Be aware of tax matters \u2013 check the payment schedules for VAT and advance tax, apply for changes to the advance tax if necessary.<\/div><\/div><\/li>\n\n\n\n
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        Familiarise yourself with the employer\u2019s obligations \u2013 if you hire employees, remember the employment contract, insurance policies and pay obligations.<\/div><\/div><\/li>\n<\/ul><\/div>\n<\/div>\n\n\n\n
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        \ud83d\ude80 Business development and continuity<\/h3>\n\n\n\n

        By developing and designing, you are ensuring the future of your company.<\/em><\/em><\/em><\/p>\n\n\n\n

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          Apply for support for business development \u2013 take advantage of the services offered by ELY Centre, Leader, Finnvera, Business Finland and Team Finland.<\/div><\/div><\/li>\n\n\n\n
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          Growth through an acquisition? \u2013 You can also expand your business by buying another company or part of it, but plan the acquisition carefully and utilise the help of professionals. <\/div><\/div><\/li>\n\n\n\n
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          Plan business targets and continuity \u2013 discuss the potential sale process of the company, for example, with professionals.<\/div><\/div><\/li>\n\n\n\n
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          Build your networks \u2013 make use of entrepreneur organisations, regional development companies or municipal business advisors, Yrityskummit business mentors, ELY Centres\u2019 entrepreneur counselling and local cooperation with educational institutions. Network with other entrepreneurs close and further away \u2013 you never know what kind of cooperation opportunities you can come across. <\/div><\/div><\/li>\n<\/ul><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"iawp_total_views":34,"footnotes":""},"class_list":["post-15299","page","type-page","status-publish","hentry"],"yoast_head":"\nChecklist for new entrepreneurs - Uusyrityskeskus<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uusyrityskeskus.fi\/en\/checklist-for-new-entrepreneurs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Checklist for new entrepreneurs - Uusyrityskeskus\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uusyrityskeskus.fi\/en\/checklist-for-new-entrepreneurs\/\" \/>\n<meta property=\"og:site_name\" content=\"Uusyrityskeskus\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-17T09:36:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uusyrityskeskus.fi\/wp-content\/uploads\/2020\/12\/uusyrityskeskus-turkoosi.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1152\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/uusyrityskeskus.fi\\\/en\\\/checklist-for-new-entrepreneurs\\\/\",\"url\":\"https:\\\/\\\/uusyrityskeskus.fi\\\/en\\\/checklist-for-new-entrepreneurs\\\/\",\"name\":\"Checklist for new entrepreneurs - 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