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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Impact of COVID-19 on Indian Economy

Impact of COVID-19 on Indian Economy

Economy
Sources – KPMG, EY, Nomura, MoSPI   India’s real GDP decelerated to its lowest in over 6 years in 3Q 2019-20, and the outbreak of COVID-19 posted new challenges. Government has taken steps to contain the spread, such as nationwide restrictions for 21 days and a complete lockdown of the states have bought all the economic activities to standstill barring the essential services. This has an impact on consumption and investments. While Indian businesses, barring a few sectors, can possibly insulate themselves from the global supply chain disruption caused by the outbreak due to lower reliance on intermediate imports, their export COVID-19 infected nations could take a hit. In sum, the three major contributors to GDP – private consumption, investments and external trade, will get affected. Three scenarios can be…
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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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