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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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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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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