The project in five facts.
Challenge, approach and results.
In Slovenia, with the transition to a market economy, the number of small and medium-sized enterprises began to grow. Unfortunately, this has also led to an increase in the number of newly established companies that fail. The processes and methods that help the founder to define the company's policy and strategies in the establishment and start-up period were examined.
Problem
In Slovenia, with the transition to a market economy, the number of small and medium-sized enterprises began to grow. Unfortunately, this has also led to an increase in the number of newly established companies that fail. The main reason for this is that companies do not develop business plans.
A good plan enables the entrepreneur to work more easily and to have a clearly defined vision of objectives. Since many newly established companies fail due to incorrect and inadequate planning, they decided to present the process of establishing a company. In the diploma thesis, they demonstrated the planning of company establishment from the initial idea to the actual start of operations and the initial four-year period of business operations using a practical example of an imagined company.
Solution and Method
The processes and methods that help the founder to define the company's policy and strategies in the establishment and start-up period were examined. Since the establishment of a company is the first phase in its life cycle, it is important that great attention is devoted to the establishment and that it is carried out consistently and precisely, as the further growth and development of the company depend on this. From everything described, we can therefore conclude that planning the establishment and initial operations is a complex process and that it is actually an essential component of every business operation.

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