Tag: Business Consultant

10Apr 2020 by Admin 4 Comments

Impact of COVID-19 on Indian Economy

Covid-19, 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…

14Nov 2019 by Admin 3 Comments

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…

10Jul 2019 by Admin No Comments

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…

10Apr 2019 by Admin 6 Comments

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…

20Oct 2018 by Admin 14 Comments

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…

13May 2018 by Admin 22 Comments

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…

Tag: Business Consultant

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