Checklist for Starting your own Business

1. Be Prepared

Are you the right person to do business – Most of the Media paint a picture of Entrepreneur as a brilliant,Suave, Cool business person who handled every challenge  with ease. But real Entrepreneurship is about “down in the gutter”, “kick in the Gut”, “stabbed in the back”, “terrifying mistakes” and horror stories that almost every Entrepreneur goes through. Read more – Ask these questions before you think of becoming one! 

2. Name your company

Today we are living in a society which is Brand conscious, which puts a lot of importance in the name you choose for your business. Read more – Awesome tips for naming your company

3. Decide upon kind of registration for your company

The form of Business Entity you choose, can have more far implications than you think. Depending on your Business entity investor will choose whether to invest in your company or not, exit strategy depends on it, liability to the owners and the potential growth benefits too depend on the entity you choose. Read more – Options to register your company

4. sole-proprietorship

Becoming a sole -proprietor is the easy way to start a business without any of the legal procedures you can kick start on your idea.

2 comments

  1. Thanks for the valuable information on your website. I am writing you
    with a lots of expectations as I did not get answer for my simple
    question on e-commerce registration.

    I live in Bangalore in a
    rental house and would like to start my online selling – e -commerce
    website from rental house My landlord is fine with this and he is ready
    to give NOC letter as well.
    Landlord is also Okay with me keeping the small quantity of goods at home (its a big home actually so we can store).

    I
    applied for VAT and CST # with a great hope and one of the leading
    service provider with this was there to help me with getting the VAT and
    CSTs but the TAX officer says that I need to have a warehouse and own
    house with a go-down to start my e-commerce?

    Kindly help me to
    understand Why do I need to have warehouse and shop when I want to sell
    online… Cant I just start my business getting VAT and CST from my
    home? Please help me sir. I have good leads and people who can supply me
    the goods at good rate so I can sell but local tax officer in Bangalore
    is holding up.

    I apologize for the long email and bothering you
    with my questions I am sure you would have come with these things
    before so I look forward for your help and valuable advise. I am happy
    to pay for the service if needed.

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