Planning Private Business Start-Up

El Alioui, Safaa

The main objective of the thesis is to use several managerial tools in order to plan how to start a private Moroccan-Czech business in the Czech Republic. In order to achieve this goal, the main objective was subdivided in a set of partial goals. To start a business includes firstly to have an idea and to consider its viability through a feasibility study before planning its execution. Secondly, to support the startup process from the procedural point of view, it is reasonable to use project management since it revealed processes that are common to any project lifecycle: initiation, planning, execution, control and closure. The application of these processes helps to create a structured action plan. In order to answer all questions, the thesis is divided in three steps. In the first one, project management is explained as well as its concepts and processes and application method. The second step describes the methodology of a startup business; and the third step is the achievement of the constructed methodology in a real business planning, that is monitored and evaluated continuously. The result of the thesis is a business idea verified as viable through a feasibility study. Then a business plan is prepared in order to detail the opportunity, strategy and financial expectations; this document is a key to find investors, funding or associates and should consider potential risks and how to avoid or solve them. When the financial and material requirements are met, the legal and administrative procedures as well as the company installation can start. The thesis also includes a time schedule and budget to every activity which have to be respected and continuously controlled during the business operation executing. However, some risks may appear during the project, and a good preparation and planning means keeping in mind the project's achievement.

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