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Plan of Action
Plan of Action
Hey everyone! I'm Florian, and I'm thrilled to announce that my dream of opening a sandwich shop is finally coming true!
After lots of planning and hard work, I've found the perfect spot in the heart of town. Now, before we can open our doors, we need to make sure we're properly insured and have all the necessary permits.
Once we have all the paperwork in place, we'll be ready to open our doors and start serving up some delicious sandwiches!
With an amazing team by my side, we're gearing up for our grand opening. It's going to be a day filled with great food and even better company.
I can't wait to welcome you all to my sandwich shop and share my passion for food with the world! See you soon!
Cost Price Template
Permits
Exploitation Permit
Without this Exploitation Permit you are not aloud to have chairs, a bar, tables and a terras.
The costs of this permit are 393,75 euros.
Insurances
Business liability insurance €412,29 euros
Protects your business from financial losses due to liability claims from third parties.
Disability insurance €225 euros
Provides income protection if you become disabled and are unable to work.
Private car insurance €300 euros
Covers damage to your vehicle and liability for accidents while driving.
Absenteeism insurance €72,89 euros
Compensates for lost income when employees are absent due to illness or injury.
Building insurance €60 euros
Covers damage to your property, including buildings and structures.
Legal expenses insurance = between 1.5% and 5.5% of total labour costs
Covers legal costs for disputes or litigation, typically based on a percentage of labor costs.
Legal Forms
sole proprietorship & general partner.
mine is a sole proprietorship
A sole proprietorship is a business structure where you, as the sole owner, have complete control and responsibility. You're personally liable for all business debts and obligations. It's simple to set up and offers full control over operations, but personal assets are at risk.
A general partnership is a business structure where two or more individuals share ownership and management responsibilities. In a general partnership, each partner contributes capital, labor, or expertise to the business and shares in the profits and losses. Partnerships are governed by a partnership agreement, which outlines the rights, responsibilities, and profit-sharing arrangements among the partners.
while both sole proprietorships and general partnerships offer simplicity and shared ownership, they differ in terms of liability, decision-making, and profit-sharing. Sole proprietorships are suitable for individual entrepreneurs seeking full control over their businesses, while general partnerships are ideal for two or more individuals looking to share ownership, responsibilities, and risks. However, both structures expose the owners to personal liability for business debts, which is a key consideration when choosing a business structure.