This paper provides an overview of the process of setting up a business in Austria. The focus is on drawing up the business plan, selecting the appropriate legal form for the company, and arranging the financing. These topics are explained, including their background. In addition, to complement the theoretical process, there is a practical application of these topics in the form of a business plan for an example of a start-up company. The discussion concludes with questions regarding entrepreneurship and situations that may arise when setting up a company, and how these can be addressed.
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