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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"   Computer Repair A computer repair business is one of the most profitable small business ideas that can be started on a budget. It requires a one-time investment and is an ideal option for a home worker who wants to balance work and life. This business can be promoted through flyers or by setting up a website. It also provides a lucrative opportunity to build an online reputation. Wedding Planner Wedding planning services business has a wide potential as Indian families tend to show off their social standing through big fat weddings. Moreover, this business also reaps high profit margins with a very low investment. However, it is important to make sure that you are on the same page with your planner as well as know their expertise and work style. Schedule an in-person meeting to assess this. Tax Consultant Est...

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" The entrepreneurship ecosystem in India is flourishing with the launch of new start-ups every day. These start-ups are working on developing and bringing new products and services to market. Some of these start-ups are developing entirely new solutions while others are transforming existing products into something better. However, the key to success of any start-up lies in a well-developed business plan. A business plan is a document that helps entrepreneurs and business owners define their goals, track progress and make changes when necessary. A business plan also helps businesses find funding and investors. It is important to know that a business plan is a marketing document . It must convince investors, lenders and partners to invest time and money in the company. A business plan should also be clear and concise. A good business plan should inclu...

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 boom in the e-commerce business, there is a huge demand for logistics services. Many entrepreneurs find their livelihood in this sector. A good logistics network can help businesses reduce their delivery time and costs. This will help them increase their market share and profits. This is why logistics has become a profitable business to get into. The first thing that you need to do when starting a logistics company is to find out what services you are going to offer. Once you have decided what your logistics company will do, the next step is to create a business plan for it. This will include everything from the services you are going to offer, to your costs and revenue. You should also make sure that you have all the necessary documents and compliances to run your company. Decide on the legal structure for your logistics company. Common options inc...

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" Under the LLP Act, it is mandatory for all regulated LLPs to file their ROC and ITR Returns on time. If an LLP fails to submit the documents, it may face severe penalties from the Department of Corporate Affairs (DOCA). The annual compliances that are due for filing by a LLP can vary depending on their incorporation date. However, most of them include the following: ROC Annual Filing is the process of submitting essential documents and financial statements to the Registrar of Companies to comply with statutory regulations. The process ensures transparency, accountability, and legal compliance for businesses, and helps maintain accurate records of a company's operations, financial health, and compliance status. In order to comply with ROC filing requirements, it is necessary for businesses to gather all required documentation, verify and pr...

Is it Necessary to Register a Startup in India?

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Is it Necessary to Register a Start-up in India? "Call Our Business Plan Experts at +91-72999-72500" A startup is a small business that aims to solve problems that are already present in the existing systems. It's a venture that is usually funded by the founders, or they may try to attract financial interest from outside investors in exchange for a stake in the company. The process of registering a startup in India is relatively quick and straightforward. However, it's important to know that the documentation required must be precise and up-to-date. This includes the Memorandum of Association (MOA) and the Articles of Association (AOA). During the startup registration process, you must also choose a type of business structure. This can be a private limited company, a registered partnership firm, or a limited liability partnership. The chosen structure will determine which tax benefits you will be eligible for. For example, if you register your ...

Successful Business Ideas for Small Business Entrepreneurs in India

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Successful Business Ideas for Small Business Entrepreneurs in India "Call Our Business Plan Experts at +91-72999-72500" One of the biggest reasons why start-ups fail is because they don't align their business idea with market demand. Identifying your audience is key to finding an original and profitable idea. India is a developing country with a large population, and it also has a long tradition of entrepreneurship. This article will present successful business ideas for small business entrepreneurs in India . Market Research Market research is the best way for small businesses to learn more about their existing audience and potential customers. While there are some high-end market research tools that offer on-demand insights, for a more cost-effective approach, small business owners can conduct their own surveys. In addition to learning more about their audience, the data that can be gained from a survey can also help small businesses iden...

10 Common Mistakes to Avoid While Filing GST Returns in India

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10 Common Mistakes to Avoid While Filing GST Returns in India "Call Our Business Plan Experts at +91-72999-72500" 10 Common mistakes to avoid while filing GST Returns in India As a taxpayer, it is your responsibility to file returns on time and pay taxes under the correct heads. Not doing so can result in penalties and financial losses for your business. The  GST return filing  system is complex and requires a lot of manual data entry to generate reports. It's common for human error to occur during this process which can lead to mistakes in GST filing and compliance.  Here are some of the common errors that can be avoided: Putting wrong details in GSTR-1 form: This is one of the most common mistakes that are committed by the taxpayers. While filling the GSTR-1 form, they tend to enter wrong invoice details such as place of supply and rate of tax. This can lead to mismatch of data between GSTR-3B and GSTR-1, which in turn can result in revenue lo...