Starting a business : Choosing the Form of Business Organization type

A Business can be owned and organized in many forms as per the Indian Law. Each form has its own advantages / merits and disadvantages / demerits. Correct form of business is important as it determines the power, control , risk and responsibilities of the entrepreneur and also the sharing of profits and losses. Following are the forms of business […]

Continue reading »

Naming your Business. Why is it Important to choose good name?

Every business should have a unique identifiable name. This doesn’t mean that you should go for some name which the potential customers or your product users are not able to relate. Lets discuss on what kind of names we can plan for both offline and online businesses. Conventionally, before the surge of the internet, business houses used to have a […]

Continue reading »

How to Create a Business Plan?

Business Plan is a formal documented expression of the entrepreneurial vision, describing and elaborating the strategy and operations of the proposed venture. Writing a business plan will help the entrepreneurs to think through all aspects of the proposed business and ensure that they are familiar with all the details, for they will have to make decisions about the new venture […]

Continue reading »