What’s the right time to raise funds? The best time to raise capital for a start-up is when you have a clear idea of what you want to do and a clear idea of how much money you need to get to a milestone that will set a higher value for your company. In general,… Continue reading ‘WHEN IS THE BEST TIME TO ENTER SHARK TANK’
Category: Start-ups
Simplified: Compliances under GST law
“Compliance has nuisance value”, is a simple answer we give to the entrepreneurs wondering about necessity of filing tax returns. Paying taxes and filing tax returns on time won’t add any value to your business. But failure to do so, leads to financial and non-financial challenges for business. Such as: Interest must be paid for… Continue reading Simplified: Compliances under GST law
Ideation to IPO – Entrepreneurs’ Guide to choose Legal Entity
“An idea is only as good as its execution” – a popular saying in the startup ecosystem. When entrepreneurs come up with an idea, rightfully their complete focus is on making that idea work and take the product to the market. Usually, most entrepreneurs are either confused or ignorant about type of entity suitable to… Continue reading Ideation to IPO – Entrepreneurs’ Guide to choose Legal Entity
Process for Conversion of LLP into Company
When the startup’s product is well-received by the market, focus is then on to scale up rapidly. For this, founders may approach investors to raise funds. Investors invest against various securities like equity shares, preference shares, debentures, etc. These securities cannot be issued by an LLP. Therefore, a business operating as LLP must be converted… Continue reading Process for Conversion of LLP into Company
Procedure for conversion of Partnership firm into LLP
In the product development and testing phase, startup will extensively interact and transact with vendors and customers. This increases the probability of unforeseen liabilities and in turn the necessity of limited liability. Therefore, at this stage basic corporatization is advisable. This would mean that entrepreneurs may convert their partnership to LLP (limited liability partnership). Let… Continue reading Procedure for conversion of Partnership firm into LLP
Startup valuation – An inexact science?
In a recent judgment, Delhi High Court reminded taxmen that the valuation of startups in not an exact science. Taxmen ought not to interfere with valuation arrived at experts in the field unless they can demonstrate the flaw in method adopted for valuation. However, before taxability, an entrepreneur should understand popular valuation methodology. Startup Valuation:… Continue reading Startup valuation – An inexact science?
Guide for Indian Food Delivery Start-Ups in 2021 (2/2)
In our previous post, we discussed typical business models and key business metrics of food delivery startups. Let’s continue the discussion on revenue streams and cost structure in the food delivery space. Revenue streams Since food delivery businesses are marketplace which connect restaurants to customers, the primary revenue streams are two-fold: Commission per order (as… Continue reading Guide for Indian Food Delivery Start-Ups in 2021 (2/2)
Guide for Indian Food Delivery Start-Ups in 2021 (1/2)
The convenience of ordering food on-click coupled with the necessity arising out of COVID-19 pandemic has enabled the proliferation of food delivery start-ups in recent times. Multiple food options at tips of the fingers and quick delivery at any time and place have made such start-ups popular among millennials and Gen-Z. Therefore, the growth of… Continue reading Guide for Indian Food Delivery Start-Ups in 2021 (1/2)
What is the ideal time for a new business to get registered under GST?
Do I have to register my business under GST? Should I take burden of GST compliance right away? What is the ideal time to get registered under GST? What documents are required for getting GST number? These are few common questions faced by many budding entrepreneurs. Under the GST law, business can register either voluntarily… Continue reading What is the ideal time for a new business to get registered under GST?
Exploring the New MSME Registration (UDYAM)
Meaning of UDYAM: The notification issued by the Government says that from July 01, 2020, an MSME will be known as UDYAM, and the enrolment or the registration process will be known UDYAM Enrollment Registration. Eligibility Criteria: Ministry of Micro, Small and Medium Enterprises vide its notification dated 1st June read with notification 26th June, 2020 has revised criteria for classification… Continue reading Exploring the New MSME Registration (UDYAM)