#9 Managing short-term funds are critical for the long-term success of any Startup.
Managing current/short-term funds is critical for the long-term success of any Startup. Working Capital Management or in simple words ensuring adequate short-term liquidity is important in order to meet current business obligations, and in the process ensuring the survival of the business. Very often start-ups forget that your financing is great but one element they
- Published in Startup Master Class
#8 What Is Financial Statements, MIS & KPIs, & Why Is It So Important?
When we start a startup journey then its important to learn about Financial Statements, Management Information Systems, and Financial Key Performance Indicators. These three measures indicator for a startup to analysis busineses ups and downs. Financial Statements are reports that every business organization must prepare to be able to indicate to its stakeholders and operators,
- Published in Startup Master Class
#7 Business Contract & Agreement between two parties
Thinking about contracts any consensus between two parties can be termed a contract but from experience, we know that it is always better to have things in black and white on paper, so it’s going to be very important for us to understand how contracts work. Key Aspects of Contracts: Any type of contract contains
- Published in Startup Master Class
#6 Understanding your Intellectual Property Obligations
Trademark | Copyright | Patent | Design As a business owner, if you have a unique idea i.e. likely going to be translated into a product or service or an algorithm, it is very important to think about the intellectual property right for this particular thing right from the beginning. Because intellectual property right (IPR) is something
- Published in Startup Master Class, Trademark Registration
#5 Understand the Permits, Registrations & Compliance for your business
In any business legal and statutory clarity is of utmost importance but unfortunately most early stage entrepreneurs do not have the clarity or do not do enough homework in order to make sure that they understand the legal aspects well, because of which at the end of the day the business bears the brunt. and
- Published in startup business, Startup Master Class
#4 Choosing the Right Legal Structure for your Startup
Choose right Legal Structure for your business – Company | LLP | OPC | NGO Usually, it happens that in the rush for growing your business, you end up ignoring some common legal issues that cost you heavy on time and money. Here are some common mistakes that can be avoided: Ambiguity in terms of agreement
- Published in startup business, Startup Master Class
#3 Analysing Environment and Competitive Advantage
Environment analysis is an important tool that helps in an organisation’s decision-making process and also helps foresee the organisation’s future. Understanding the industry helps you understand your competitive advantage. There are various factors which one needs to look at while analyzing the environment. Analysing Competitive Environment You might have an amazing idea, and a great vision,
- Published in Startup Master Class
#2 Identifying Target Segment & Market Sizing
Understanding the target segment for your Startup; Understanding the target segment is important for succeeding. One of the key things entrepreneurs should keep in mind, as they start up, is to stay focused. It is best to choose a smaller segment of customers within the overall market and serve that one segment really well. Before
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#1 Identifying and Assessing the Idea
Mapping Need-Gap to Idea The primary challenge for an entrepreneur is often ensuring that he/she has a viable business idea, which is largely dependent on the ability to identify a gap in the market that presents itself as an opportunity. How to get a startup idea The first step for an entrepreneur, before starting a
- Published in Startup Master Class
How Important is it to get a Trademark registration for a Startup?
If you start your own business, start a business is easy task but the journey doesn’t stop there. Now it’s time to build your brand; to distinguish your own goods, services and ethos from your competitors (both current and would-be). It’s time to start establishing the unique name and image of your business as the ultimate
- Published in Trademark Registration
Khadi fights back to protect ‘Charkha’ symbol Trademarks, Internationally
In the recent days, Khadi and Village Industries Commission (KVIC) has taken various initiatives for protection and promotion of Khadi as a brand in India and internationally and are the registered proprietors of over a hundred trademarks registrations including the symbol of ‘Charkha’ in India and other countries like Russia, China, Germany, Australia, UK and
- Published in Trademark Registration
Britannia Sues Future Group For Trademark Infringement Claim Packaging Of Tasty Treat Is Deceptively Similar To Good Day Biscuits
Britannia Industries has filed a trademark infringement case against Future Consumer alleging that the Kishore Biyani-led company (Future Group) has copied the packaging of several of its biscuit brands. In the case filed in Delhi High Court last week, Britannia has alleged that Future Consumer’s packaging for some of its ‘Tasty Treat’ brand of biscuits
- Published in Trademark Registration
How to Manage Trademark Objection-Startup Guide
Trademark Objection means, the trademark registry has examined or checked your trademark application and while checking, they have reasons to object the application and ask for clarification on certain points. The registry uploads a copy of Examination Report on their official website http://ipindia.nic.in(trademark application status) and sends a letter to the applicant asking for a
- Published in Trademark Registration
#6 Understanding your Intellectual Property Obligations
Trademark | Copyright | Patent | Design As a business owner, if you have a unique idea i.e. likely going to be translated into a product or service or an algorithm, it is very important to think about the intellectual property right for this particular thing right from the beginning. Because intellectual property right (IPR) is something
- Published in Startup Master Class, Trademark Registration
Classification of goods and services – Name of the classes under TRADEMARKS RULES, 2002
THE FOURTH SCHEDULE TO TRADEMARKS RULES, 2002 Classification of goods and services – Name of the classes Class 1. Chemical used in industry, science, photography, agriculture, horticulture and forestry; unprocessed artificial resins, unprocessed plastics; manures; fire extinguishing compositions; tempering and soldering preparations; chemical substances for preserving foodstuffs; tanning substances; adhesive used in industry Class 2 . Paints,
- Published in Trademark Registration