Setting up in business - where do I start? You have a good idea, but you do not know how to turn your idea into a business? You still have a lot of questions, you have to make important decisions in legal, organizational and financial matters? The help of a professional start-up consultant is often sought in order to find the best solutions here. And our close links with experienced lawyers and accountants mean we can provide you with a comprehensive service. Studies have shown that every second new business fails after two to three years because of lack of knowledge of existential, i.e. financial and economic matters. In the worst case you may have to abandon your project. Better organization and company structure and a good consultant can prevent this. Secure the services of Elzenbeck & Partner, the competent consultants for the start-up and the early years. Test your entrepreneurial skills here  How we proceed Our consultants are all experienced management consultants who have accompanied numerous successful start-ups. The first thing your personal consultant will suggest is that you draw up a business concept with his help showing how you plan to finance your future company, your advertising measures and where you expect to be in three years time. Thus piece by piece you put together your business plan.   These areas must be checked Personal qualities Have you the motivation to prove yourself as manager in your specialist field, even when the going gets tough? Professional qualities You should of course have completed the required training or course of studies. And you must have the necessary know-how about the field you plan to enter. Testing marketability If your idea is feasible, have you chosen the right location, where you are easily reached and where competition is not too fierce? Determining capital requirements What investments, expenditure and running costs must be borne in mind when you start up your business? How much capital do you have? Checking commercial feasibility What is the minimum sales figure which will allow you to cover your costs? Draw up a plan including forecasts of sales and profitability, liquidity planning etc. The points mentioned here will of course be discussed with you in detail.