When setting up an LLP company it is imperative that one follows the proper procedure of registering the business and obtaining various unique identification numbers by which the business is registered. These numbers such as the CIN and DIN are necessary and customers should know these numbers. It is mandatory for companies to display these numbers on their invoices, bills, letterheads etc., as...
Knowing the right people in the right place can get things done; this is such an age old adage that still holds good, especially in these challenging times when entrepreneurs are looking at every avenue to push their startups to the next level. Plain good old relationships management is now termed as networking but yes it has taken on a dynamic form of its own and has assumed a very hard to...
In the new millennium, global trade is a booming industry. It is not, however, a brand-new concept. In the middle ages, caravans delivered silks and spices. Seeds and salts were in low supply and in high demand on a regular basis. People were anxious to get their hands on these treasures and would travel or pay others to do so. Thus began the history of international trade. In India, trade has a...
Are you a new startup business owner or founder who is gearing up to launch your product sales process with your reliable team of sales professionals? This is an important step and a stepping stone to a future filled with business success. It could also be that you are planning to expand your startup and are gearing up to explore unknown territory. You may have your company scaling at an...
In a world that seems awash with the word startup the popular concept today has become a hallmark across nations. Emerging markets and developed economies are both experiencing a rise in startups. We can safely say that this trend will become the core industry in the near future. India is not new to the start-up concept. In fact, it has been inundated by the trend in the past few years. Startup...
For a startup to grow and thrive in a country it needs government support. The Indian government has launched a number of initiatives for startups that are aimed at ensuring long-term economic growth and fostering innovation, consequently increasing job prospects in the country. The government has set up the ‘Department of Industrial Policy and Promotion’ (DIPP) for formulating policies and...
One of the pillars of the government’s Make in India endeavors is the Startup India initiative. This gave rise to a slew of start-ups, which are said to be multiplying at a rate of 10 to 12% every year. This new surge neatly matches the government’s goal of creating a digital economy based on India stack-based inventions like UPI and BHIM. With so many new firms sprouting up every...
When it comes to both Small and Medium Enterprises (SMEs) in developing countries like India there is no doubt that they contribute to improving the standard of living by creating employment opportunities. Despite the fact that numerous studies were conducted on business incubators, the answer to the importance of entrepreneurial skills in the role of business incubators is still not clear...
With numerous tech firms entering the market and roughly 42 companies becoming unicorns in 2021, India’s startup ecosystem has come a long way. Startup ecosystems in India are at their best and the overall environment is pro-business, encouraging aspiring minds to develop innovative ideas. However, we all know that starting a business involves much more than just having an idea; it...
Innovation is the driving force behind a startup. Startups become multibillion-dollar corporations when they successfully implement their novel idea. The start-up’s new product ideas, new ways of doing things and appealing designs are all part of its intellectual property (IP). However, these businesses often find it difficult to figure out how to protect their intellectual property while growing...
