Need help to start a business
sasikumar
(Querist) 28 November 2012
This query is : Resolved
hi experts;
actually i completed my B.tech information technology in this current year but i m intrested to do a business oriented in computer coaching classes , projects, and s/w development and bpo but i can't get any ideas that how to start it and wat r all the formalities but i m sure i will be doing it confidentially so kindly help me experts which may lighten my life... my contact number: 9655507698
ajay sethi
(Expert) 28 November 2012
you have to decide whether you want to work as sole proprietor or as aprtnership firm or as company . if it is as a firm has to be regsitered as firm .
if you wan to start a company fulfill formailites for starting a company
Raj Kumar Makkad
(Expert) 28 November 2012
Dear Sasikumar! I think you require advice of your co-professional instead of legal fraternity. You have yet to start your profession and there is no any legal formality at this stage which may be disclosed to you, however, you require your own technical and professional guidance which can be given only by already experienced person of that field.
prabhakar singh
(Expert) 28 November 2012
Before starting any new business one needs to go for a detailed report to know how it proceeds,what is it's growth,what would be the requirement of capital,when can a break even would be achievable and do I have all the capital needed ,if not, then source of supply of deficiency would be debt.
The model firm as proprietorship or partnership or limited partnership or as a company.There is lot of benefit if one opts to run the business by a limited partnership or by a company.One needs the help of C.A if one has to go for a limited partnership or for a company or for loan from banks.
ONE MORE USEFUL GUIDANCE FROM ME WOULD BE THAT SINCE YOU ARE PROPOSING TO GO FOR COACHING CLASSES YOU MUST VISIT TO http://www.business-personal-coaching.com/start-your-own-coaching-business.html.
There are several good institutions such as NNIT ,Educom,MTEdu,etc. for franchise also.
sasikumar
(Querist) 28 November 2012
ajay sethi sir thank u very much sir actually i want to do it as sole proprietor.
sasikumar
(Querist) 28 November 2012
rajkumar makkad: very thankful saying sir exact thing wat i expected is the thing u said thank u very much sir.
sasikumar
(Querist) 28 November 2012
prabakar singh: sir i need ur blessing sir really i got some clear tips from u the link which u send me is more helpful and i m going to start as a company and no partner ship and sure consult CA thank u very much sir
prabhakar singh
(Expert) 28 November 2012
You are most welcome.My all best wishes to you.