How to start a business from Scratch?

First and foremost, select a name for your business and make it a legal entity. If the name gets approved better book a domain name under the same (that too at the earliest possible). To start a start-up business from scratch you need to follow a process.

Register your start-up business
1. Decide and lock on the name of the registering name of the company
2. Apply for A DIN (Director Identification Number) and DSC (Digital Signature Certificate)
3. Company Incorporation
4. Apply for PAN/ TAN

If this is a sole proprietorship business there is no need to register the business, instead, make sure that the proper licence is acquired from the governing bodies.

How to Register a Company in India?
Registering a company in India is now a simple 4-step process. Here is what you will need to acquire:i.  A  Digital Signature Certificate (DSC)
ii.  A Director Identification Number (DIN)
iii.  Registration on the MCA Portal or New user registration
iv.  Certificate of Incorporation

Hope this helps. If you still need assistance or guidance with regard to registering your company, just let us know and our team of experts will be there to guide you through it.

If you still require assistance or guidance with regard to registering your company, just let us know and our team of experts will be there to guide you through it for a nominal fee. Please do call Rushabh Vora at +91 9619776461 or e-mail at

Which company structure will suit you best?

Starting a business? Picking the right company structure for your business is as important as any other business-related activity. The right business structure will allow your enterprise to operate efficiently. In India, every business must be registered as part of the mandatory legal compliance. Before we learn how to register a company, let’s try and understand the types of business structures in India.

What are the types of business structures in India?

Let’s try and understand the types of business structures available in India. Here is a list of some of them:

1. One Person Company (OPC)
Recently introduced in the year 2013, an OPC is the best way to start a company if there exists only one promoter or owner. It enables a sole-proprietor to carry on his work and still be part of the corporate framework.

2. Limited Liability Partnership (LLP)
A separate legal entity, in an LLP the liabilities of partners are only limited only to their agreed contribution.

3. Private Limited Company (PLC)
A company in the eyes of the law is regarded as a separate legal entity from its founders. It has shareholders (stakeholders) and directors (company officers). Each individual is regarded as an employee of the company.

4. Public Limited Company (PLC)
A PLC is a voluntary association of members which is incorporated under company law. It has a separate legal existence and the liabilities of its members are limited to shares they hold.

You can choose what business structure suits your business needs best and accordingly register your business.

Here is a comparative list of the popular business structures in India.

Other forms of business structures include Sole proprietorship, Hindu Undivided Family, and Partnership firms. Please bear in mind, these structures do not come under the ambit of company law. Hope this helps towards achieving your business aspirations.

If you still require assistance or guidance with regard to registering your company, just let us know and our team of experts will be there to guide you through it for a nominal fee. Please do call Rushabh Vora at +91 9619776461 or e-mail at

Starting a business? Here’s what you need to know.

Every entrepreneur dreams of operating on the business idea he or she sees potential in. Yes, for a profit. However, it is not so as easy to set up one’s shop. There are rules and legal compliances to be met. Not only is it necessary to register your entity but it is critical that all the norms are met, for your functional ease. This organised legal entity or the so-called company that can possess property, sign documents and take legal actions.

Here is why you should register your company

  • Limit liability of the owners

Members of a company are not personally responsible for the debts of the business under the company’s name. Thus, creditors cannot claim the personal assets of the members.

  • Perpetual Existence

A company exists independent of its members. So, if a co-owner dies or wishes to sell his share, the company would still continue to exist.

  • Advantages in the Income Tax

Companies often have many tax advantages such as savings on self-employment taxes, deductibility of various insurances like life insurance, health insurance, etc.

  • Establish Credibility

Forming a company establishes credibility within the business circle. It is more prestigious and trustworthy.

  • Easy to Raise Capitals

It is easier to raise capital in a company through the sale of stock or by borrowing money.

What are the challenges you will face?

  • Corporation Formalities

Forming a company comes many responsibilities such as holding and documenting records, issuing shares of stock to the holders, organizing meetings of director and shareholders, etc. which needs a fair amount of management and skills.

  • Recurring Expenses

Along with the fees paid during the inception of the company, there are many ongoing dues, such as filing an annual report, franchise tax, etc. from time to time. One needs some amount of money aside to keep it rolling in the business.

How to plan and manage business finances better

Managerial finance is a specialised branch of finance that deals with the analysis of accounting. The technical method is concerned with the measuring of the right technique, methodology and the proper execution of accounting methods. Whereas, the managerial approach, is the understanding of what the figures indicate within the given annual report.

The managerial approach indicates if a company is doing better or worse. It also assesses the movement trajectory of the competitors to assess the real picture. This sort of an analysis using the managerial approach offer deep insights into the behaviours and trends of the company’s progress. It helps not only identify issues but also help design solutions by recognising flaws and the bottlenecks.

A sound financial management approach helps a company to remain agile, by helping the company to consolidate common resources to create newer business opportunities or save costs.

There is also a need to determine future expenses and their effect on the company’s overall budget. Variable budgeting is used to properly grasp the accuracy of the budgeting process that will help with the company’s outlook.

The following techniques are borrowed from corporate finance to achieve these objectives:

  1. Valuation- It is the process of determining the present value (PV) of an asset. Valuations can be done on assets (for example, investments in marketable securities such as stocks, options, business enterprises, or intangible assets such as patents and trademarks) or on liabilities (e.g. bonds issued by a company). Valuations are needed for many reasons such as investment analysis, capital budgeting, merger and acquisition transactions, financial reporting, taxable events to determine the proper tax liability, and litigation issues.
  • Dividend policy– Dividend policy is concerned with financial policies regarding paying cash dividend in the present or paying an increased dividend at a later stage. Whether to issue dividends, and what amount, is determined on the basis of the company’s unappropriated profit (excess cash) and influenced by the company’s long-term earning power. When cash surplus exists and is not needed by the firm, then management is expected to pay out some or all of those surplus earnings in the form of cash dividends or to repurchase the company’s stock through a share buyback program.
  • Working capital management: Managing the corporation’s working capital position to sustain ongoing business operations is referred to as working capital management. These involve managing the relationship between a firm’s short-term assets and its short-term liabilities.
  • Capital structure: In a corporate setup, capital structure is the way an establishment finances its assets through the combination of equity, debts or hybrid securities. Capital structure defines how this combination is arranged.