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Money: For whom a small business is really worthwhile

Government extends repayment deadline to emergency business account to 2023

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as the first step towards entrepreneurship, many founders initially open a small business, because it is the easiest way to make themselves independently. But for who is that worthwhile?

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In principle, everyone can start a small business in Germany. Whether as an additional income to the main occupation, additional income for students or at the start of full-time independence - with a small business, it is possible to start their own company without start-up capital.

Less regulations and obligations

Although the operator of a small economy is in legal terms An entrepreneur, but he does not appeal to the status of a merchant, as the commercial portal "Commercial Login" reports. For this reason, he is not obliged to duplicate bookkeeping and may tax its profits under a normal tax return. In addition, in contrast to commercial enterprises, he can liberate sales tax liability. However, two prerequisites must be met, over which the blog "make self-employed" enlightens: The sales of the operation may not have exceeded a gross value of 17,500 euros in the past calendar year and must be expected to remain below 50,000 euros in the current year. In the course of a successful exemption, invoicing accounts for the collection of sales tax, so that a small - scale trading agent can usually offer its goods at a cheaper price or achieve more profit. However, an irregular obligation is the registration at the Gewerbeamt, so "Commercial Sign in".

Denver Broncos' head coach search starts out in the Midwest

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Who wants to start as a single person and wants to test his business idea with the smallest possible financial burden, can take the first step with a small founding. Nevertheless, you should first inform yourself about all eventualities thoroughly. Contact persons may be commercial offices, the Chamber of Commerce or the Employment Agency.

on the business idea, it comes to

for founding in technical areas with high initial investment, however, it may be more meaningful that the small business control does not use how "make self-employable". Because high investments for technical devices such as computers or software solutions can quickly lead to a high load. These investments hit with several thousand euros to be booked, correspondingly high, sales tax will be charged when purchasing. This can be asserted in waiver of a liberation as input tax.

Also, those who want to sell mostly at business customers, with the sales tax liability often better than in the small business regulation. Because when purchasing the goods, founders are then entitled to deduct in principle. Thus, net prices can be taken as a calculation basis - the selling prices decrease accordingly. Sales tax is only a continuous post.

Those who think about the establishment of a small business should be aware that this decision retains its validity for at least five years. In addition, small - s workers are liable with their private assets, the insurance intermediary warns "Finanzchef24". Editorial Finanzen.net

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