# Why does an Engineer study Business?

**General Knowledge**
- The world is economic
- who has heard of the crisis
- CPI? Unemployment Rate?
- Interest Rates

**Personal Motives**
- Living is economic
- Buy a house, ask for a loan...
- Manage your income and expenses
- 
**Work Related Motives**
- How long do you want to work?
	- Who will work for a company
	- Who will create their own company

## What skills does an engineer need?
- Knowledge
	- technological and scientific 
	- languages (english)
	- ethical knowledge
	- environmental knowledge
	- humanitarian knowledge
	- be willing to learn
- Skills
	- Good Communication
	- Management Skills
	- Working with a team
	- Taking Responsibility
	- Common Sense
	- being tolerant
	- innovative
	- imaginative
	- creative
	- curious

# Work for yourself

The key question is: *Do i want to create a company?*

- Alone or with partners?
- Legalform?
- Ltd?

# Legal Forms

## > Individual Entrepreneur
- Present and future wealth
- Economical and fast
- Best for small businesses
- High tax rate
## > Limited  Company
- Minimal capital 3.000€
- Prefer transfer between partners
## > Limited Liability Company (Most Used)
- Minimal capital: 60.000€
- Free transfering of shares

# Legal Entities

## > Physical Person
- Individual Businessperson
- Community owned property
- civil society
## > Legal Person
- Trading Company
- Limited Liability Company
- Collectively owned company
- Limited joint-stock partnership
- Limited Partnership
## > Special Commercial Companies
- Labor Company
- Cooperative labor society of the Valencian community