This document provides an overview of starting a startup company and entrepreneurial success. It discusses what a startup company is, noting they are often initially funded by their founder as they work to commercialize new products or services. It then outlines some of the rewards of entrepreneurship like increased freedom and independence, but also notes the risks like uncertainty of income and responsibility. The rest of the document offers tips for entrepreneurial traits, developing a business plan, complying with regulations, financing options, and resources for assistance. The overall message is that starting a business takes passion, persistence, and hard work but can be very rewarding.

1. STARTUP COMPANY &
ENTREPRENURIAL SUCCESS
TOPIC NAME:-
INTRODUCED BY:-
Y. Sravan
Article Assistant(Tax & Acc)
ERNST & YOUNG(HYD)
(2018-2021)
Sunil Kumar Patro
Article Assistant(Tax & Acc)
ERNST & YOUNG(HYD)
(2018-2021)
Swatishree Gupta
Article Assistant(Audit & Acc)
ERNST & YOUNG(HYD)
(2018-2021)

2.  Startup is a Company that is in the First Stage of its
Operation. These Co. are often initially bankrolled by
their entrepreneurial founder as they attempt to
Capitalized on developing a product (or)Services.
 A startup is a way to translate academic inventions into
commercial goods and services that benefit the public.
 Also serve as an engine for local economic development
and job creation.
Sravan , Sunil & Swati16-Mar-19

3. sunil
Welcome & Introduction.
Rewards & drawbacks of entrepreneurship.
Business Entry Strategies.
The Business Plan.
Legal & Regulatory Compliance.
Choosing a form of ownership.
Debt & Equity financing.
Where do I go from here.
Sravan , Sunil & Swati16-Mar-19

4. Profit:-
Freedom from the limits of standardized pay for
standardized work.
Independence:-
Freedom from supervision and the rules of
bureaucratic organizations.
Satisfying Way of Life:-
Freedom from routine, boring, unchallenging
jobs.
Sravan , Sunil & Swati16-Mar-19

5.  Uncertainty of income.
 Risk of losing entire investment.
 Long hours and hard work.
 Lower quality of life until the business gets established.
 Complete responsibility.
Sravan , Sunil & Swati16-Mar-19

6. 1. Passion.
2. Persistence.
3. High need for achievement.
4. Willingness to take measured risks.
5. Self-confidence and self-reliance.
6. High energy level.
7. Desire for responsibility.
8. Open Minded.
9. Responsiveness to opportunities.
10. Self -Starter.
sunil Sravan , Sunil & SwatiSravan , Sunil & Swati16-Mar-19

7.  Strategic Focus (Leadership,Management & Planning).
 People (Personnel ,Learning & Development).
 Operations (Process , Work ).
 Marketing ( Customer Relatins , Sales & Responsiveness).
 Finance ( Assets , Facilities & Equipment).
Sravan , Sunil & Swati16-Mar-19

8. To start with Good People.
To Make Something Customers actually Want.
To Spend As Little Money As Possible .
Have Pride in How far you Have Come.
Have faith in How far you can go.
Do not be afraid of change it is Leading you to New beginning.
Dear future I am Ready .
Sravan , Sunil & Swati16-Mar-19

9. 1. Be a Keepeer of the Company Vision.
2. Absorb the Pain for the term.
3. Find the Smartest people & Defer on Domain Expertise.
4. Be Good link b/w the Company + Investors.
5. Be Good link b/w the Company + Product.
6. Be able to Learn the Job.
7. No Experience Almost Preferred.
8. Stay on top of Trends & Tech Shifts.
9. Never Turn Down a Conversation.
10. Put the Right People in Right Seats.
Sravan , sunil & Swati16-Mar-19

10. 1. Never stop Learning.
2. Save Your Health.
3. Proper Accounts Maintainance.
4. No Credit.
5. Records Keeping (Long run Help).
6. Buy In Bulk.
7. Passive Income Sources ( increase )
8. Focus Your Active Income In Your 20’s
sunil Sravan , Sunil & Swati16-Mar-19

11. sunil
Here are the 15 most profitable industries in 2018, ranked
by net profit margin:
1. Accounting, tax prep, bookkeeping, payroll services: 18.3%
2. Legal services: 17.4%
3. Lessors of real estate: 17.4%
4. Outpatient care centers: 15.9%
5. Offices of real estate agents and brokers: 14.8%
6. Offices of other health practitioners: 14.2%
7. Offices of dentists: 14.1%
8. Specialized design services: 12.8%
9. Automotive equipment rental and leasing: 12.5%
10. Activities related to real estate: 12.3%
11. Warehouse and storage: 11.6%
12. Offices of physicians: 11.5%
13. Nonmetallic mineral mining and quarrying: 11.2%
14. Medical and diagnostic laboratories: 11.1%
15. Other schools and instruction: 10.5%
Sravan , Sunil & Swati16-Mar-19

12. sunil
Prior Work
Experience
45%
Family Business
6%
Other
4%
Chance Happening
11%
Education/Courses
6%
Suggestion
7%
Personal Interest/Hobby
16%
Friends/Relatives
5%
Sources of Startup Ideas
Source: Data developed and
provided by the National Federation
of Independent Business Foundation
and sponsored by American Express
Travel Related Services Company,
Inc.
Sravan , Sunil & Swati16-Mar-19

13. sunil
The Business Plan
Presents the business opportunity and how
you will take advantage of it.
Helps you think about the business in a systematic
and disciplined way.
Provides a blueprint for building your business
over the next three to five years.
Used for presenting your ideas to lenders,
investors, creditors, customers, managers.
Sravan , Sunil & Swati16-Mar-19

14. sunil
 Register your business name.
 Get a state business license (if needed).
 Get a city/county business license.
 Get a federal/state tax ID number.
 Comply with minimum wage/overtime laws.
 Make arrangements for paying taxes.
 Make arrangements for statutory benefits.
Sravan , Sunil & Swati16-Mar-19

15.  Personal Savings.
 Friends and Relatives.
 Suppliers.
 Banks.
 Government Programs.
 Individual Investors (Angels).
 Venture Capital.
 Sale of Stock.
sunil Sravan , Sunil & Swati16-Mar-19

16. sunil
Choosing an Ownership Form
Organizational costs.
Limited versus unlimited liability.
Continuity.
Transferability of ownership.
Management control.
Raising new equity capital.
Income taxes.
Sravan , Sunil & Swati16-Mar-19

17.  Credit card.
 Signature loan.
 Relatives and friends.
 Collateralized bank loan.
 Commercial loan.
 SBA Guaranteed Loan.
 Six-County RLF.
 Six-County TBAF.
 Other.
sunil Sravan , Sunil & Swati16-Mar-19

18.  Bank makes loan, SBA guarantees between 75 to 85 percent.
 Interest rate capped at prime plus 2.25 to 2.75.
 Repayment terms usually seven years (longer for equipment).
 Contact: Local SBA lender.
 Service Corps of Retired Executives (SCORE)
 Business Information Center (BIC)
 Partnership with SBA, SBDC, SCORE, Ogden City
 Market research resources, computers, training and counseling services
sunil Sravan , Sunil & Swati16-Mar-19

19. sunil
ProNet
Purpose and explanation
http://pro-net.sba.gov/
8A Program
Purpose and explanation
www.sba.gov/gcbd
Sravan , Sunil & Swati16-Mar-19

20. THANK YOU
TO ICAI
FOR GIVEN
THIS OPPORTUNITIES
- 16-Mar-19DATE
PLACE - BERHAMPUR