Basics of starting a company in India
Since starting a business in India involves a number of formalities, it is best to be aware of the nature of requirements at the outset.In an earlier post, we discussed the simple sole proprietorship,...
View ArticleNurturing India's Entrepreneurship
A recent article in a business newspaper brought to mind a question someone asked us once – “Does India have a culture of entrepreneurship?”The immediate reaction may be to say “No” as we compare our...
View ArticleFunding a Small Business
When starting a business, obviously one of the prime concerns is how to sustain funding. The entrepreneur or promoter group will have to bring in capital to the start up business, and quite often, in...
View ArticleWays to popularize your website
If your small business depends a lot upon the volume of traffic on your website, you will need it popularized. Website positioning helps drive a steady stream of targeted traffic to your site, and...
View ArticleRequirements for Starting a Business in India
What is the first thing to be done to start a business in India? What are the key issues that must be addressed before others? Here’s our top 10 compilation.Make a business plan. It will change many...
View ArticleFunding Start-ups in Rural India
In a post last week we spoke about how institutions were taking initiative to develop the skills of small entrepreneurs. Now, ICICI Bank has announced that they will fund start-ups in specific sectors...
View ArticleManaging Collections in a Small Business
Horror stories about the treatment meted out by Debt Recovery Agents to loan defaulters have been in the papers recently. While banks and financing institutions have a mechanism in place (regardless of...
View ArticleWorking in a family business
From big companies to start-ups, a number of businesses in India are still family owned. Having family members work with you can be a huge advantage; on the flip side, you have to handle the dual...
View ArticleInheriting a successful business successfully
In an earlier post we discussed the challenges faced by someone entering a family business. We explore this further by talking about how to inherit a business successfully.Family businesses are not new...
View ArticleBeing a serial entrepreneur in India
Given the wave that the economy has ridden in recent years, a number of people who start a business in India don’t stop at just one. Whether it is a matter of balancing the business portfolio by having...
View ArticleNaming your new business in India
Choosing the right name for your business is both important and tricky. A name must be such that it prompts recall of your business; it must also be “right” from the legal point of view to avoid...
View ArticleInfosys: the startup business that made India proud
NR Narayana Murty has acquired legendary status not only for spearheading a group that turned a startup business into a $4 billion colossus in 25 years, but also for the ethics that he and Infosys...
View ArticleNetworking to build your business in India
A very large number of startup businesses in India owe their initial success to personal contacts. But the list of acquaintances is usually short, and that is why business networking is so vital to...
View ArticleTime Management for Businesses
Time management is one of the biggest challenges that a small business owner faces, day in, day out. While there will never be enough time to complete everything on your list to perfection, some simple...
View ArticleChoosing The Right Franchisor
When you start a new business, you would be mostly advised to venture into a field that you either understand or are passionate about. If you are looking to grow an existing business, you might...
View ArticleMaking a budget for your small business
Budgeting is not just an art, it is a learning process in itself. A well made budget is critical to the survival of any business. It tracks the flow of finances and provides insight into those areas...
View ArticleAn Online Storefront That Sells
It’s the festive season and a busy time for most business owners in India. Retail stores are wearing a new look in a bid to attract customers. If your business has an online storefront, it’s the right...
View ArticleGetting Good Value For Your Business
The face of business has changed unrecognizably in recent years. No longer are businesses for life; indeed most entrepreneurs are looking to make a killing by selling out. Thus, securing a good...
View ArticleFunding Your Franchise Business
While taking up a franchise may give you a head start on many counts as compared to building a business from scratch, when it comes to financing, you’re faced with the same challenges you would with...
View ArticleMarket your small business at low cost
Starting a new business in India costs a bit as it is, without taking into account the resources needed to market it. So what is it that you, as a small business owner, can do to get the word out about...
View ArticleIndia 'one-person company' proposal
Business Standard reports that the draft Companies Bill 2007 has proposed a new entity called one-person company (OPC) that will be a private limited type of entity for an individual promoter....
View ArticleWays to manage the business cycle
Managing the business cycle is one of the biggest challenges that entrepreneurs can face. And there is no escaping it.Given the globalized nature of business, events in far shores can make a big impact...
View ArticleHaving the older and wiser in your workplace
Most business persons will acknowledge that they owe a lot of their success to their employees. Human resources are among the foremost and most expensive resources, and are notoriously hard to build...
View ArticleHow to raise prices and not lose business
If there’s one worry that dogs business owners, it’s the problem of having to raise prices. Inflation is part of every business’ reality, and sooner or later you will have to up prices in order to keep...
View ArticleBasic Lesson in Entrepreneurship
Today's ET carries a piece by Sudeshna Sen titled "Rita Sharma: England's richest Asian woman entrepreneur", profiling England's richest Asian woman entrepreneur.It's refreshing to read a name that...
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