The Ultimate Ways : How To Start A Business In India
How To Start A Business in India
India has cardinally grown to become one of the greatest countries to launch a start-up in with its plethora of programs such as “start-up India”. Presently, we see two sides of the coin. On one side we see massive layoffs from corporates and MNCs whereas on the other side we see flourishing start-ups maturing into conglomerates such as Urban clap, Ola, and so on and so forth. The essentials of starting a business in India are as follows:
The Business Idea and Plan
The Business Idea and Plan
Just as a tree grows depending on the stability of its roots, similarly a good business idea is essential for the initiation of a start-up. A question such as whether to pitch a service-based or a product bases company to launch is cardinal. Moreover, the baseline idea should be catered to offering something unique to the palette over the pre-existing services.
Market Research
Market Research
Understanding market statistics is crucial before investing in capital. Hence it is essential to research the present market trends and service offerings. Moreover, this is the phase where you dig deep into the recent market techniques of offering payment via Paytm business account and also think about possibilities of third-party services such as Urban Clap partner.
Budget and Financing
Budget and Financing
Capital is essential for investing in any business and sometimes it could be difficult to come to buy especially from the banking sector owing to the topsy turvy economy, this is where the other alternatives such as merchant cash advance come into its benefits where the collateral is not necessary.
Making It Legal
Making It Legal
The final step in setting up a business in India is making it legal, cardinally by registering it either as an LLP or Private Limited company. On doing so the company will get an official GST number upon registering which they can link to their bank account to enable transactions and even list themselves on Google to help search in finding your business.
These are essential simple steps by which you can launch your startup in India.
We would like to thank Digital Marketing Lead for providing the details, data & support for this article. The detailed information was provided on the basis of the advertisement & client demand conducted by the Digital Marketing Lead for the year 2018-2019.
Simple Ways For Your GST Certificate Download
Steps for the GST certificate download
GST was introduced in India in the year 2017 on 1st July, which has lead to the removal of a plethora of indirect taxes like VAT, CST in India. GST is essentially the single uniform indirect tax structure presently in India. According to the GST Act(goods and service tax 2016-2017), each and every taxpayer whose business annual turnover is above 20 lakhs has to register themselves under GST.
It is also cardinal for a taxpayer to take a printout of the Registered GST certificate and display it in the premise of the business stating that the business is “GST Registered Business“. GST certificate should be available on the business premises at any point in time.
How To Download The GST Certificate
How To Download The GST Certificate
In order to download the GST registration certificate, you need to access your GST account. You will need to follow the steps below:
1)Open the GST common portal through the link given ![]()
https://www.gst.gov.in/
2) Now, move your cursor towards the ‘Login’ button and click to access the username and password page.
3) Enter your ‘Username’ and ‘Password’ along with the captcha and click ‘Login’.
4) Now, click on Services –> User Services –>Download Certificate.
5) This is the last step in the downloading procedure, just click on the ‘Download’ button to download the GST registration certificate. The registration certificate comprises all the details on the tax transactions.
The validity of the GST certificate
The validity of the GST certificate
The GST registration certificates issued to a normal registered person do not have any expiry and they will remain valid until and unless GST registration is not surrendered or canceled by the GST authority. In addition to this, for a casual taxable person and for the non-resident taxable person the GST registration is valid for a period of 90 days (from the date of registration). However, the validity of the registration can further be extended at the end of its validity period.
Profitable Upcoming Business Ideas In India
The common notion of a business idea to be exquisitely unique has quite outgrown its importance since the majority of the probable business ideas have either been implemented or are being implemented. Hence we did our research to find some of the most profitable upcoming business ideas in India.
Upcoming Business Ideas In India
Candle Making:
Profitable Upcoming Business Ideas In India: Candle Making
Candles today are more than just a religious accessory, its use has encroached into the world of aesthetics which is essentially the hot cake of Instagram. The perks of investing in this industry are the fact that it requires less incurring investment and can be a good business idea for housewives and retired personals.
Travel Agency:
Profitable Upcoming Business Ideas In India: Travel Agency
Tourism has become the primary source of bread and butter for India and hence the need for travel agencies has become cardinal. The only constraint in this industry is having good networking skills to navigate throughout India. (more…)
How To Start A Business In India : Guide For Every Entrepreneur
How To Start a Business
Knowing how to start a business would not mean that you can succeed in one day. Getting to know about the details can prove beneficial in guiding you the way. Always remember “Rome was not built in a day”. India has cardinally grown to become one of the greatest countries to launch a start-up in with its plethora of programs such as “start-up India” helping the nascent phases of the business. In the present scenario of the economy, we see two sides of the coin, on one side we see massive layoffs from corporates and MNCs whereas one the other side we see flourishing start-ups maturing into conglomerates such as Urban clap, Ola, PR Forbes and so on and so forth. The essentials of starting a business in India are as follows:
The Business Idea and Plan
Just as a tree grows depending on the stability of its roots, similarly a good business idea is essential for the initiation of a start-up. The question such as whether to pitch a service-based or a product bases company to launch is cardinal. Moreover, the baseline idea should be catered to offering something unique to the palette over the pre-existing services.
The Business Idea and Plan
Market Research
Understanding market statistics is crucial before investing in capital. Hence it is essential to research the present market trends and service offerings. Moreover, this is the phase where you dig deep into the recent market techniques of offering payment via Paytm business account and also think about possibilities of third party services such as Urban Clap partner.
Market Research
Budget and Financing
Capital is essential for investing in any business. Sometimes it could be difficult to come buy especially from the banking sector owing to the topsy turvy economy. This is where the other alternatives such as merchant cash advance come into its benefits where the collateral is not necessary.
Making it Legal
The final step in setting up a business in India is making it legal. Business can do it cardinally by registering it either as an LLP or Private Limited company. In doing so the company will get and official GST number upon registering. The GST number is used to link to their bank account to enable transactions. It even helps in listing themselves on Google and other digital platforms to help searchers in finding the business.
Marketing & Advertising
If you want to get your start-up launched in India, follow the following steps.
