How to create and start a sole proprietorship?

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Creating a sole proprietorship (EI) is often the first step for those who want to start their own business, whether to launch an e-commerce site or to become a freelancer. This legal form is characterized by its simplicity and flexibility. Unlike a corporation, a sole proprietorship does not create a legal entity separate from the individual self-employed person.

1. Prepare your project and your business plan
Before embarking on starting your business, you women database must first validate your project idea. To do this, we recommend conducting a thorough market analysis to fully understand current demand, identify your competitors, and identify opportunities. A good business plan is essential for structuring your project. It must include objectives, market strategies, and realistic financial forecasts in terms of revenue, profits, and losses. The business plan is a key document that details all aspects of the creation project. It helps convince financial partners and serves as a guide throughout the creation and development of the company.

2. Choose the right legal status
Opting for a sole proprietorship offers several advantages, including simple administrative procedures and reduced accounting requirements. It's an ideal legal form for self-employed individuals who want to start a business without having to manage the complexity of a corporation. However, it's still important to carefully compare the different legal statuses available. For example, micro-enterprises offer lower income thresholds to benefit from a simplified system. The recent abolition of the EIRL (French limited liability company) has strengthened the protection of the personal assets of sole proprietors.