Research on Investment Estimation when Deciding to Start a new Business

• Author: Guga, L.
• Position: Dept. of Economic Sciences and Business Administration, Transilvania University of Brasov
• Pages: 85-88

Bulletin of the Transilvania University of Braşov

Series V: Economic Sciences • Vol. 7 (56) No. 1 - 2014

RESEARCH ON INVESTMENT

ESTIMATION WHEN DECIDING

TO START A NEW BUSINESS

Lucian GUGA1

Abstract: An entrepreneur has to follow several steps when deciding to

start a new business. Starting a business involves planning, making key

financial decisions, completing a series of legal activities, hiring reliable

employees and after all of this the success of the new firm is determined by a

few steps, which every manager must take into account. One of these steps is

adopting a company name, the calling card of the business, taking into

consideration the related tips regarding its selection. Entrepreneur must

estimate the initial investment and the necessary financial resources. When

talking about a company its mission must be clear and easy to understand.

Thus, the description of the main activity and the general environment must

be present in the business plan as well.

Key words: starting a business, manager, resource allocation, investment

estimation.

1 Dept. of Economic Sciences and Business Administration, Transilvania University of Braşov.

1. Introduction

The appearance of the workplace can

define the work atmosphere, and it can also

be a key factor in determining the clientele.

The most important position in a business

is that of a manager. In this case the head of

the company must be aware of the

requirements of the posit ion, the different

types of managerial styles, and in the end

he must adopt a suitable one for his

company. Of course, the financial and

human resources must be taken into

account when starting a business. In the

following paper these steps are explained

and put into application through the birth

and evolution of a limited liability

company.

The main objective of this paper is to

introduce the statistical method for

determining the investment.

2. General description of a company

In the current economic environment,

industrial and administrative, managerial

foresight is an attribute which, if well

executed, leads to securing the future of an

enterprise from the point of view of its

human and material resources. Managers,

who properly exert their forecasting

capabilities, lead the company to success.

For the businesses that have a large

volume of information processi ng, the

rational planning of activities, flexible and

tailored to the competitive market is

indispensable. Auto Service networks are

characterized by current works and