We’ve prepared a Google Drive folder, put everything in it and mailed it over to the trade office. Some days later, we both received a signed form back, which means: Boundfox Studios is founded! Woohoo

The next thing we did was to open a bank account. After some serious research, we decided to go with Penta. They provide a German IBAN, multi-user account, VISA debit cards and can be used as a GbR. Other option would be Holvi, almost similar, but a little bit more expensive. Another really interesting option would be Fyrst, but they don’t have credit cards, which is much likely needed as an IT company. All other traditional banks, like Sparkasse, Volksbank etc. were not in our scope as a modern IT company.

Der Beitrag Founding Boundfox Studios – We are founded! erschien zuerst auf Boundfox Studios.

• the business registration (Gewerbeanmeldung)
• company agreement (Gesellschaftsvertrag)
• identity card

In addition, since Chris is not living in Karlsruhe and won’t be here when Manu turns in the papers, he needs to send a signed certificate of authority (Vollmacht) and a copy of his identity card.

Last but not least, Boundfox Studios will be founded in Manu’s private apartment. To do so, he needs a statement of his landlord that he is allowed to found the company. We already have the OK from the landlord, but we’re awaiting a written statement.

It looks like everything is coming together pretty well. Hopefully, we can turn in the papers next week. After that, we need to register the company at the IHK, the Chamber of Commerce and Industry. With a bit of luck, Boundfox Studios will be founded until April 1st.

Der Beitrag Founding Boundfox Studios – Preparing Business Registration erschien zuerst auf Boundfox Studios.

The first document is the company agreement (German: Gesellschaftsvetrag) between Chris and Manu. It handles all the basic agreements, like the name of the company, the initial deposit, who and how contracts with others are done or the duties of each associate.

Today, after the coach provided some valuable feedback to the company agreements, we signed it. Basically, that’s the official founding of Boundfox Studios GbR – yay! Although we still have to sign some more papers at the finance authority and the trade office.

The second paper is the business plan. In there, we collect a lot of information about Boundfox Studios itself. Why and how we want to found it. What’s the idea about Boundfox Studios and what kind of games we want to create. We collect ideas about who our customers will be and how to reach them via marketing. Other ideas cover the chances and risks of the company and the first financial forecast. Our business plan holds 8 pages, currently and will increase after Mr. Kleinknecht’s valuable feedback.

The next thing to decide is where we open our companies bank account. So stay tuned for the next blog post!

Der Beitrag Founding Boundfox Studios – Coaching erschien zuerst auf Boundfox Studios.