#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
Startup India Recognition and its benefits
Startup India is a flagship initiative of the Government of India, intended to catalyse startup culture and build a strong and inclusive ecosystem for innovation and entrepreneurship. The main goal of Startup India is to ensure that each startup transforms into a viable business and is able to scale its growth. Keeping this in mind,
- Published in COMPONENTS OF STARTUP INDIA, Starting a business, startup business, Startup India
#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
#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
- Published in Startup Master Class
#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 to apply Loan under Startup India
Startup India Scheme is an initiative of the Indian government, the primary objective of which is the promotion of startups, generation of employment, and wealth creation. It was launched on the 16th of January, 2016 by Prime Minister Narendra Modi at Vigyan Bhawan, New Delhi. Stand Up India Scheme Stand-Up India Scheme Facilitates bank loans between
- Published in Mudra loan, startup business