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Ten Top Tips for Starting a Business in France

1. Choose your location carefully. Don’t isolate yourself. If you do it will hamper the networking which is an essential part of any new business.

2. Prepare realistic budgets and projections.

3. Take advice ... and not purely from internet forums where opinion is often passed off as fact! Be prepared to chat with professionals. 

4. Ask yourself: 'Is there a need for my business in France?'  Is it a tried and tested concept?  Do potential customers have the budget to buy your product or service? 

5. Define your market and research it. Are there other people in the area doing the same thing?  If so, this need not be bad! It means there is a demand upon which you can capitalise!

6. Study the French language or you are handicapping yourself. This part takes effort but it will reward you many times over. Your skill with the French language will be part of your business requirement.

7. Research how 'new business start ups' work in France, and be aware of the social charges one is obliged to pay when running a business.  

8. Don’t completely reinvent yourself and expect that it will work, especially given that you'll be in a new country too. Utilise your old skills, perhaps in a slightly new way.

9. Your qualifications may not be recognised in France without further study and examinations. Do your research and check with the office local appropriate to your base. 

10. Consider a franchise. More and more of those planning to live in France are hoping to start a business and earn a living, so competition is increasing.  Consider a franchise from an established business with a good reputation. The hand-holding can really help your dream come true!

 

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