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Showing posts from September, 2023

25 Low-Cost Small Business Ideas for Company Registration in India

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25 Low-Cost Small Business Ideas for Company Registration in India? "Call Our Business Plan Experts at +91-72999-72500" You can start a business that repairs and maintains vehicles. It's one of the best small business ideas for beginners. Get a mechanic certification, purchase tools and a van to transport vehicles to and from client's homes. These ideas include service-based businesses and those that require a minimal amount of start-up capital. You can even start a business from home with these  25 low-cost Small Business ideas . Automotive Service Getting into automotive service is one of the best small business ideas, especially in metro cities. You can start a company that provides taxi services at affordable rates. You can purchase vehicles suitable for the purpose at auction sites and get them fitted with taxi meters and your brand name. You can also distribute flyers and brochures to spread the word about your automotive service busin...

How to Create a Business Plan for a New Company in India?

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How to Create a Business Plan for a New Company in India? "Call Our Business Plan Experts at +91-72999-72500" Creating a business plan for a new company in India is a crucial step in turning your entrepreneurial vision into a well-structured and actionable roadmap. A robust business plan typically includes several key sections. Firstly, the executive summary provides a concise overview of your business concept , outlining your mission, vision, and the specific problem your company aims to address.  The company description delves into the legal structure of your business, its history, and long-term objectives. Market research is essential for understanding the Indian market landscape, including demographics, trends, competition, and customer needs.  The products or services section provides detailed information about what your company offers and how it solves customer problems, including pricing strategies. Your marketing and sales strategy outlines how you ...

How to Start a Logistics Company in India?

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How to Start a Logistics Company in India? "Call Our Business Plan Experts at +91-72999-72500" With the booming e-commerce business and economy overall in recent years, logistics services are a huge industry. However, there are certain aspects that need to be taken care of for a logistics company to be successful. Some of these aspects include registration and compliance. In addition, it is important to research the market and competition. This will help to develop a unique niche for your business. Another important aspect is determining the investment amount for your logistics company . This will depend on the services you offer. Then, you will need to find investors. Many countries offer liberal rules that make it easy for businesses to find investments. You should also consider setting up a legal entity like a Private Limited Company for ease of operation. Decide on the legal structure for your logistics company. Common options include Private Limite...

Who Are Liable to File ROC Annual Returns in India 2023?

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Who Are Liable to File ROC Annual Returns in India 2023? "Call Our Business Plan Experts at +91-72999-72500" The Ministry of Corporate Affairs (MCA) requires all businesses registered in India to submit certain documentation to the Registrar of Companies on a regular basis. Those who fail to meet these deadlines are subject to heavy penalties and fines. As a result, it's important that all business owners understand their responsibilities and keep track of the key filing dates to avoid legal complications. As a rule of thumb, all LLPs and statutory corporations must submit two ROC Return forms annually: Form 11 and Form 8. Form 11 is a declaration of the financial standing of the LLP while Form 8 is a statement of solvency. Additionally, LLPs that generate income must file an Income Tax Return (ITR) with the tax department each year. To ensure compliance with ROC regulations, it's recommended that all LLPs and corporations seek professional help fr...