14Nov 2019 by Admin No Comments
Types of Businesses

Types of Businesses

Economy, Start-Up
A business entity is an organization that uses economic resources to provide goods or services to customers in exchange for money or other goods and services.There are different types of businesses to choose from when forming a company, each with its own legal differences. Typically, there are five main types of businesses: Private Limited Company, Limited Liability Partnership, General Partnership, Sole Proprietorship, and One Person Company. Before creating a business, entrepreneurs should clarify what is important to them when running their business. Private Limited Company: A private limited company is a company which is privately held for small businesses. The liability of the members of a Private Limited Company is limited to the amount of shares respectively held by them. Shares of Private Limited Company cannot be publically traded. Features of Private Limited…
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10Jul 2019 by Admin No Comments
The Bulb | An Analysis of Business Idea Validation

The Bulb | An Analysis of Business Idea Validation

Start-Up
Introduction Everything starts with an idea and it depends on what you do with that idea, and what steps you take to turn your idea into a reality. Before we go into the details let’s define “What a business Idea means?” As there is no authentic definition of the idea, we can define it as under “A business Idea is a unique concept that can be used for solving problem(s) being faced by potential customers and may be used for financial gain.” Identification The best way to arrive at a good startup idea is not trying to think up new startup ideas – that would be the wrong way. The ideal way is to look for problems and needs, preferably problems and needs you have faced yourself. Alternatively, it could…
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10Apr 2019 by Admin 5 Comments
Choosing the Right Legal Structure for Your Start-up

Choosing the Right Legal Structure for Your Start-up

Start-Up
Introduction No matter what your business is, you need a basic legal understanding and the ability to see what you really should have done and should do in future. As a startup, you invest every minute in growth and related activities, and thus, legal matters of the business often get ignored. This leads to common legal mistakes that impact your company’s success or failure in the long-run. Hence, it is prudent to be aware of the legal matters of your business from the start. Starting from the correct choice of a legal structure to know about the registration process for the same, and finally, decide on the right location for establishing your entity – all these aspects need your attention. Of course, to get all your assumptions and decisions checked, you must seek advice…
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02Feb 2019 by Admin No Comments
Start Dairy Farming Business in India – Invest Less and Earn More

Start Dairy Farming Business in India – Invest Less and Earn More

Business, Start-Up
Dairy farming has been an age-old business in India passed down from generation to generation. During the late 20th century, this tradition saw a decline. However, thanks to the advancements made in science and technology, huge progress has been made. The contribution made by Amul in the form of the ‘White Revolution’ played a very important role in transforming the dairy industry in India from its stagnation level to a world leader. Requirements of Dairy Farming Business Below mentioned are the components of Dairy Farming to be used or installed before and after starting business:- Shed: There must be proper covered area built in the farm land before bringing in cattle to be kept. Land: Farm owners should maintain cultivated areas or land for growing fodder crops for cattle. The…
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