Of course, creating an ecommerce is not a simple task, but it is not a task that we have to be scared of by its excessive complexity from now on. To the point that starting an online company of these characteristics and with the prospect of having great professional success will need, above all, a good team to develop the project with greater guarantees that this desired objective is met.
But it is the aspect linked to financing that can bring us the greatest problems for its proper development. In particular, due to the lack of credit at the precise moment of starting it, which is when the greatest difficulties arise. Given the need to buy computer equipment, technological supports and the hiring of the most appropriate personnel to carry out their most relevant tasks.
On the other hand, you cannot forget that in order to face a challenge of these dimensions, that is, to launch an ecommerce platform, the first thing you will need is to develop a tight and realistic work plan. As you already know in any professional project, it will be necessary to start build online store or commerce From the beginning. Without rushing and attending to the first needs and that are what you will have to pay through a bank line of credit.
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Create an ecommerce: attend to the legal aspects
There is no doubt that the legal basis in your business will be very important in the beginning. In order that you cannot have some other problem from that precise moment. To do this, you need to be aware of the current regulations on this aspect. So that you do not have any more problems, you will have no choice but to report on the jurisprudence at this time. As for example, the one that we point out below:
- Law 7/1998, of April 13, on general contracting conditions.
- Royal Legislative Decree 1/2007, of November 16, approving the revised text of the General Law for the Defense of Consumers and Users.
- Law 3/2014, of March 27, which modifies the revised text of the general law for the defense of consumers and users.
In all cases, it will serve as an element of study to start or develop an online store or commerce. From where they will give you the guidelines to become an entrepreneur in this productive sector.
In this sense, you should remember that it makes no sense to create an ecommerce and not comply with current regulations. Because the only thing that can cause you from that moment on are many more problems than you think at first. Even to get you to stay on the road with your business project. Of course you should know that the legal aspects of an online store or electronic commerce are governed by several laws. Both to put it into practice and to its management.
Name your digital company
In the first place, do not doubt that when deciding a name for our new ecommerce we are going to find two well differentiated cases. On the one hand, find a name that can impact users or customers, and on the other, that is linked to the activity of your business from any approach in its management.
While on the other hand, it is also very important that you take into account from this moment the aspect linked with your application. Because in effect, we will find that many names are already in use and therefore, we must be very creative. More than you might think at first. Because at the end of the day it is not about giving them any name since it can have an unwanted effect with your intentions in the online business.
From this very special point of view, do not doubt that the choice of the name for our online store will be a little more complicated task. To the point that it may take more time than you think right now. It is preferable to wait a longer period of time and do it well than to give any name to your line of business through the Internet. This is a factor that you should reflect so that everything develops perfectly from this moment on. To the point that when we talk about this aspect we usually refer to branding campaigns that are actually very effective.
Another variant is the one that currently offers the fact of going to a technological platform so that you can develop your activities within the online company. From this point of view, there are many options available in the market for the creation of an ecommerce, however, the first thing we must take into account is the size of our online store.
Online business creation: official grants
Madrid has become the first city in Spain where it will be possible to create a company through the Internet, after the city council joined the program "Undertaking On-line", an initiative of the Ministry of Industry that will soon be extended to other Spanish cities. With the implementation of this bureaucratic tool, all the necessary procedures can be brought together to transform an entrepreneurial idea into one, instead of going from window to window.
Through this new means you can directly formalize these procedures on line from home and faster. The period of 28 days - period that it costs to create a company in Spain when having to go through the offices of the town hall, the autonomous community, registries, notaries or tax authority, among others, is significantly reduced through this route because she does all the paperwork online, except for the notary.
Caution with lines of credit
Before the possibility of contracting one of these loans, it is necessary to carefully analyze the contract to verify what commissions does it incorporate and in what amounts they are stipulated, since they can excessively increase the final price for using this financing. To the already traditional opening, other more atypical ones are usually added that derive from any movement or revision since the contracting of this product. They are basically the following:
- Those that are mostly installed in their contracts are the opening ones, which represent between 2% and 3% of the quantity demanded.
- Other less common ones may appear in this type of product and that are related to the extension and reduction of the loan and, which also oscillate between 2% and 3%.
- In the event of a full or partial early repayment, the borrower will be obliged to pay the loan provider an early repayment compensation in an amount of approximately 1,00% of the amount of the loan repaid in advance.
- Another penalty that can be included is that derived from cases in which the clauses of the contract have to be varied, or simply have to be modified.
How are these credits?
This class of credits that some banking entities commercialize allow their recipients the medium and long-term financing of their business investments, with the possibility of agreeing a fixed or variable interest rate as a proposal to attract the attention of their potential subscribers, accessing to a line of credit that can reach 50.000 euros, and that contemplates an average amortization period that ranges between 5 and 15 years.
These lines of credit can be used perfectly for many activities of the company or professional activity of its applicants, from the acquisition of real estate, to paying for machinery, furniture, computer equipment, etc., through the most specific needs of each business.
Also the self-employed and professionals can have other financing channels according to their needs, such as, for example, to fulfill their fiscal duties, for which more specific financing channels have been developed but with less implementation in their current offer.
Although most of these financial products are designed to provide the necessary liquidity for the proper functioning of their respective businesses or professional activities, other needs demanded by these groups cannot be forgotten either. Indeed, the freelancers and professionals They may have financing channels to fulfill their fiscal duties, for which more specific sources of financing have been developed. This is the case of the "Tax Payment Loan" that some credit institutions have launched in recent months, in this case being a professional credit for the payment of your taxes. Its main proposals are based on the fact that it does not carry interest and that it can be returned within an estimated period of 3 months.
It also has a monthly or maturity amortization and the incorporation of an opening commission that is higher than in other financing models, specifically 3%, which is precisely the main drawback that this financial product incorporates at the time of contracting it. The now traditional opening is usually added to other more atypical that derive from any movement or revision since the contracting of this product.