ESTABLISHING A BUSINESS AND BEING AN ENTREPRENEUR IN FINLAND. CASE: COFFEE CLUB ”KAHVIHETKI” AY

Abstract

The main idea of this thesis work was to describe how to establish and manage a business in Finland if you are a foreigner. This thesis was based on real – life example. My friend and I established a cafeteria called Coffee Club “Kahvihetki” Ay in Finland. Both of us are foreigners and came to Finland for studies. Thus, my thesis work is based on my own experience. The main steps of establishing a business based on the example of my own business. The thesis work discusses the importance of writing a business plan before founding the new organization. In addition, the main legal issues were declared and discovered. The thesis includes the main agreements and contracts that were signed while establishing business to show and give an idea how it may look like. In additional, there is a description of why it is important to outsource some duties of one’s company, and when it is possible to manage by oneself. In the thesis, it is also shown how to develop your company and to make it known through cooperation with other companies. This thesis work consists not only from information on how to start a business, but also displays the main problems and difficulties that new founded entrepreneurs can face. The thesis also discusses how to avoid such situations and how to manage the problems that may arise.