Founding a company in a team

You might plan to set up a new business with one or more partners. Working in a team means that the founders can support each other in the startup phase and develop ideas together. As an added bonus, you’re likely to have more equity for financing your business. Bear in mind, though, that teamwork requires everyone involved working together. Especially if more than three people are involved, decision-making processes can prove challenging. It is important that you allocate the responsibilities for individual areas right from the start, and that you choose the right legal structure for you. On the Startup Portal, you can find additional tips for setting up a business as a team.