Spin-Off Entrepreneur
This form of entrepreneurial development had its origins in France and has been explored worldwide. The concepts developed in this field of work are based on different types of study, I will explain it better below.
In a simple way, the spin-off of several companies can be conceived as a set of activities implemented by a company, in order to help one of its employees, one of its retirees or a group of employees or retirees interested in creating a new company .
The company can be a supplier, like PPA, another format is for the new company to act as a customer, acquiring raw materials and manufacturing products for the market, this model can be born and grow with the structure of an incubator.
Thus, this new category of training for entrepreneurs uses, in a way, two concepts:
1- Mother company, supporting an employee with a set of activities, which vary from one context to another, but which often include technical help, business advice, direction and management and, sometimes, financial support.
2-Derivative or spin-off company, that is, the company that benefited from support from its original company.
Thus, there is the creator, the one who starts the project of creating a future entrepreneur, persuading the parent company to assume the status of parent company, because of its participation in the creation of companies, the parent company contributes to the development of entrepreneurial skills in your own company, for economic growth or even to develop jobs in your region.
Spin-Off can be a powerful lever for boosting human resources within the parent company and economic development abroad.
HOW ADVANTAGES FOR THE MOTHER COMPANY CAN BE STRESSED.
1-Best position to react to environmental turbulence.
2-Concentration of resources on higher value-added activities.
3-Exploitation of products, technologies and other inactive assets.
4-Expansion of the list of products and services offered.
5-Exploring new markets.
6-Sharing of risks.
7-Growth of bargaining power with suppliers.
8-Productivity and organizational flexibility gains.
9-Economies of scale.
10-Component cost reduction.
11-Contribution to job creation.
12-Preservation of jobs.
13-Image Enhancement (SOCIAL ROLE).
14-Emergence of an entrepreneurial culture.
15-Staff turnover.
16-Possibility to attract the best talent in a competitive market.
Therefore, society benefits through the creation of businesses, jobs and wealth, a new local and regional economic dynamic, the possibility of tax reduction or stability, development of business dynamics, creation of inspiring models for young people and for education and consolidation job creation in lagging regions.