Dear Seniors,
My friend and I are starting a new business (re-sale), so please advise me on what documents or procedures I need to follow to start this new venture, such as:
1. PAN
2. Rental Agreement
3. VAT Certificate
4. Current Account
5. Company name - Should it be "Enterprises" only?
Please suggest. I am eagerly awaiting your valuable reply.
Thanks & Regards
From India, Bangalore
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3My friend and I are starting a new business (re-sale), so please advise me on what documents or procedures I need to follow to start this new venture, such as:
1. PAN
2. Rental Agreement
3. VAT Certificate
4. Current Account
5. Company name - Should it be "Enterprises" only?
Please suggest. I am eagerly awaiting your valuable reply.
Thanks & Regards
From India, Bangalore
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Use this comprehensive checklist to plan each step of your new business and transform your dream of entrepreneurship into reality. These steps may not necessarily be completed in the order listed; however, you can use them as a guideline for completing all of the necessary business startup tasks.
- Determine what kind of business you want to start.
- Learn about the industry for your business.
- Analyze the market for your business.
- Study your competition.
- Educate yourself on running a business.
- Join trade associations.
- Name your business.
- Perform a trademark search.
- Register a domain name.
- Design a website.
- Obtain a logo.
- Determine business structure (sole proprietor, partnership, or corporation).
- Evaluate your personal budget.
- Write a business plan.
- Write a marketing plan.
- Locate financing.
- Create a list of start-up supplies with a budget.
- Set up a system for accounting and payroll.
- Apply for a business license, federal tax ID, fictitious business name.
- Select a location and set up shop.
- Order signage.
- Obtain business tools (computer, printer, fax, postage, office supplies, and fixtures).
- Order business stationery (business cards, letterhead, brochures).
- Obtain inventory.
- Create an operations and employee manual.
- Hire employees.
- Set a launch date.
- Plan a grand opening event.
- Send announcements to everyone you know.
- Send press releases.
- Turn on the OPEN sign!
- Revisit your business plan and update often.
- Evaluate your marketing strategy often.
- Prepare a realistic business plan.
Think of this as your business roadmap. Define exactly where you want to get with your business, and then you can effectively map out your path towards achieving your goals!
From India, Hyderabad
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- Determine what kind of business you want to start.
- Learn about the industry for your business.
- Analyze the market for your business.
- Study your competition.
- Educate yourself on running a business.
- Join trade associations.
- Name your business.
- Perform a trademark search.
- Register a domain name.
- Design a website.
- Obtain a logo.
- Determine business structure (sole proprietor, partnership, or corporation).
- Evaluate your personal budget.
- Write a business plan.
- Write a marketing plan.
- Locate financing.
- Create a list of start-up supplies with a budget.
- Set up a system for accounting and payroll.
- Apply for a business license, federal tax ID, fictitious business name.
- Select a location and set up shop.
- Order signage.
- Obtain business tools (computer, printer, fax, postage, office supplies, and fixtures).
- Order business stationery (business cards, letterhead, brochures).
- Obtain inventory.
- Create an operations and employee manual.
- Hire employees.
- Set a launch date.
- Plan a grand opening event.
- Send announcements to everyone you know.
- Send press releases.
- Turn on the OPEN sign!
- Revisit your business plan and update often.
- Evaluate your marketing strategy often.
- Prepare a realistic business plan.
Think of this as your business roadmap. Define exactly where you want to get with your business, and then you can effectively map out your path towards achieving your goals!
From India, Hyderabad
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Firstly, if the business is a partnership firm, you will need a Partnership Agreement. For trading businesses, VAT registration is necessary, and for service-based businesses, Service Tax Registration is required. A current account is essential for managing financial transactions. If the business premises are rented, a Rental Agreement is needed.
For non-factory setups, Shops & Establishment registration is necessary, while factory setups require Factory Licenses. Additionally, a PAN card is mandatory for filing Income Tax returns.
From India, Ahmadabad
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For non-factory setups, Shops & Establishment registration is necessary, while factory setups require Factory Licenses. Additionally, a PAN card is mandatory for filing Income Tax returns.
From India, Ahmadabad
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Dear Sir/Madam,
We are a proprietary firm with an established business in Goa for the past 14 years. As part of our expansion program, we are interested in setting up a manufacturing base in or around Haridwar, Uttarakhand. We require associates and guides to assist us in the following:
1. Plot selection.
2. Factory building.
3. All legal and statutory formalities through various nodal and local/central government agencies.
4. Employee hiring.
5. Financial/bank formalities for processing of loans, etc.
Please share your views for appraisal.
Thanks and best regards,
Prasanna
From India, Mumbai
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We are a proprietary firm with an established business in Goa for the past 14 years. As part of our expansion program, we are interested in setting up a manufacturing base in or around Haridwar, Uttarakhand. We require associates and guides to assist us in the following:
1. Plot selection.
2. Factory building.
3. All legal and statutory formalities through various nodal and local/central government agencies.
4. Employee hiring.
5. Financial/bank formalities for processing of loans, etc.
Please share your views for appraisal.
Thanks and best regards,
Prasanna
From India, Mumbai
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
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