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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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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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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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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Venture Debt: An Alternative  Financing Solutions

Venture Debt: An Alternative Financing Solutions

Start-Up
Introduction Venture Debt There’s no question that equity has a critical role to play in helping founders to meet their business goals. But it is important to recognize that equity is not the only source of startup funding. Using debt to complement your equity funding can be a smart move for stakeholders in a variety of situations, including when they want to: Higher valuation. The valuation of business during the equity funding is critical to the success of the business. Higher the valuation lower the dilution. Companies often use venture debt to extend their runway so that they have more time to grow their business before their next valuation. Secure greater upside. Dilution is a serious consideration during equity funding. By using venture debt to meet a portion of their…
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Getting Started with a Limited Company

Getting Started with a Limited Company

Start-Up
Dear Friend, Now days India experiencing boom in start-ups. Current Govt. is providing various facilities to new entrepreneurs to start and fund their ventures. A Private Limited Company is most preferred business structure for starting new venture. In this post we will discuss the advantage and characteristics of pvt ltd company, which make its best from other options:-   Advantage of Pvt Ltd Company Separate Legal Entity: The shareholders and directors are separate from company. They are not liable for liability of company. Uninterrupted Existence: Since Shareholders/ directors are separate from company, hence company can exist even after the death of any/all shareholders/ directors. Free Transferable : Shares of a Pvt ltd company is free and easy as compared to proprietorship business. Ownership is separate from management : The Status of Directors and…
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10 Point Checklist for Startups

10 Point Checklist for Startups

Start-Up
In recent years India is evidencing boom in startup culture. Many young entrepreneurs are starting theirs venture and setting new benchmark in Indian Markets. These success stories inspire others to start their own venture and be “Start-up”. If you are also planning to start your business - congratulations!  Once you get over the initial excitement, it’s time to break down the process of launching your startup into manageable chunks. In this post we have listed out the preliminary task/checklist which you need to do before the launch:- Learn from Leaders: Read some books written by great authors like Purple Cow: Transform Your Business by Being Remarkable by Seth Godin, Influence: The Psychology of Persuasion by Robert B. Cialdini, PhD, How to Win Friends and Influence People by Dale Carnegie, Outliers: The…
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18 Enablers of Startups

18 Enablers of Startups

Start-Up
Building a Start-up is like throwing the ball at a distance target. The odd that you will hit the target will be higher is you know the correct direction to throw. While running a business most of the time we play blind.  An enablers always come to rescue the start-ups at the time of such blind games. In general there are 18 enablers in startup environment which are grouped under 6 categories . Customers A customer is always looking for those products which haven't yet delivered. The size of market should match with the ability of startup to deliver the products. Unmet Need:-  Best Opportunity come from helping the customers. Find a problem that is not yet solved, where the customer is in need, they do pay for solution. Right Size…
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