This document provides guidance for starting a new business or startup. It discusses what entrepreneurs are and how they benefit society by discovering new markets and technologies, mobilizing capital, and creating jobs. It outlines different types of businesses that can be started, including marketing products, production, business-to-business, and services. The document then provides two sessions on how to find a new product and how to get loans to overcome barriers. It discusses developing a business plan, getting necessary registrations and permits, and preparing financial documents to strengthen a loan application. The goal is to help new entrepreneurs successfully start their business.

1. Guidance for Good Startups
for Upcoming Entrepreneurs
Prepared by:
Mr. A. Sundaramoorthy
Entrepreneurs

2. What is Entrepreneur?
A person who systematically organizes
and manages any Enterprise,
especially a business, usually with
considerable initiative and risk.

3. Why Govt. need them ?
• Every successful entrepreneur brings about benefits not only for himself/
herself but for the society or country as a whole. The benefits that can be
derived from entrepreneurial activities are as follows:
Discover new markets
• In economics, markets are people who are willing & able to satisfy their
needs is called effective demand. Entrepreneurs create customers or
buyers because they are resourceful.
Discover New Sources of Materials
• Due to the innovative nature of Entrepreneurs, they persist on discovering
new sources of materials to improve their enterprises.

4. Mobilize Capital Resources
• Capital resources, from a layman’s view, refer to money. However, in
economics, capital resources represent machines, buildings & other
physical productive resources. Entrepreneurs have initiative and self-
confidence in accumulating & mobilizing capital resources for their
business
Introduce New Technologies
• Aside from being innovators & reasonable risk-takers, entrepreneurs
take advantage of business opportunities. Every year there are new
technologies & products to satisfy human needs.
Create Employment
• The biggest employer is the private sector. Millions of jobs are
provided by factories, service industries, agricultural enterprises &
small-scale businesses.

5. Aim of this Webinar
Session 1 : How to find a New product for Start-ups.
Session 2 : How to get Entrepreneurs Loan for Start-ups and How to
break Loan Barriers.

6. How to start-up a Business

7. Different Types of Business for Start-ups
• Marketing a Product (Any Product to
customers)
• Product Production ( Creating New
Product)
• Business to Business ( B to B) Being a
Distributor (Company to Retailer)
• Service ( Computer Centre, Financing,
Training Centre, etc.,

8. SeSSion : 1
How to find a New product for New
Business.

9. Kitchen & Kitchen Mate a Business R&D
Centre
Old Technology to Advance
Technology.
Simple cutting process turns
in to variety of cutting
process with different Knifes.
Knife > Knife with peeler >
Knife Stand > Magnetic Knife
Stand > Knife stand with knife
Sharpener> etc.,
Turning a simple daily needed
services to product.( Mobile
Stand, Key holder, etc.,)

10. Product Designing Methods
1. New Innovative Product. (Any thing
useful and reduce human effort)
2. Providing New Shape or Design for
Existing Product. (new model of spray
bottle)
3. Agricultural product or Food product
(Health oriented Herbal biscuits)

11. SeSSion : 2
How to get Entrepreneurs Loan for
Start-ups and How to break Loan
Barriers.

12. Essential for Entrepreneurs
Role of Money in
Business
Role of Money in
Business
Capital InvestmentCapital Investment Employee Salary Production Cost Marketing/Sales
Government
Entrepreneurs
Scheme
Government
Entrepreneurs
Scheme
Loan at Low
Interest Rate
Loan at Low
Interest Rate BankBank
Loan Barrier Starts Here
How to get ride of Loan Barrier
Varieties of Beneficial
Scheme
Varieties of Beneficial
Scheme

13. Documents need for Bank to Grand
Loan over Government Scheme
1. Bank Loan Application form.
2. Income Tax Return.
3. Cibil Credit Report.
4. Project Report.
5. Projection Report.
6. MSME Registration Certificate.
7. Building or office Location (Own or Rental).
8. GST Registration

14. Approaching Banks
• Approach a bank which
Offers/Encourage
Entrepreneurs scheme.
• Approach Bank located near to
your Location/Area.
• Frequently visit the Bank and
have a account and make some
transactions.

15. Income Tax
• Displays our Annual turnover.
• It fix our Loan Repay ability.
• Higher Income increases
higher Loan Limits.
• Minimum 3 Years Income Tax
report needed for one who
approach Loan.

16. CIBIL CREDIT REPORT
• Shows your genuineness over
credits.
• Higher score provides reduced
Interest rate.
• High Score reduce bank barrier over
Loans.
• 3 months ones Account Refresh.

17. Project Report
• Brief Explanation about your
• Business Plan
• Product & Production Plan
• Number of Employees
• Machineries required and their
cost.
• Financial Plan
• Vendors
• Marketing Strategies
• Yearly Plan
• Financial Process
• A complete statement of your
Business.

18. Projection Report
• Hard to prepare, so you can get help
from Charted Accountant (CA) to
handle this.
• Need Projection Report with 5 Years
Business Growth Calculation.
• Need attestation from CA.

19. Documents Required for MSME Registration
• Personal Aadhaar number
• Industry name
• Address
• Details of bank account

20. MSME can be divided into two heads:
• Manufactured Enterprise
• Service Enterprise

21. Manufacturing Sector Enterprises
• Micro Enterprises - Does not exceed twenty-five lakhs rupees (< 25 Lakhs).
• Small Enterprises - More than twenty-five lakh rupees but does not exceed five
crores (25 Lakhs to 5 Crores).
• Medium Enterprises - More than five crore rupees but does not exceed ten crore
rupees ( 5 Crores to 10 Crores).

22. Service Sector Enterprises
• Micro Enterprises Does not exceed ten lakh rupees (< 10 Lakhs).
• Small Enterprises More than ten lakh rupees but does not exceed two
crores rupees ( 10 Lakhs to 2 Crores).
• Medium Enterprises More than two crores rupees but does not
exceed five core rupees ( 2 Crores to 5 Crores).

23. Benefits for Registration as an MSME:
• Interest against bank loans is relatively cheaper.
• Various tax rebate is offered to MSME
• Many government tenders are open to MSME
• Easy access to credit
• Business registered under MSME is given higher preference for
government license and certification.
• One Time Settlement Fee for non-paid amounts of MSME is available.

24. Documents Required for MSME Registration
• Business Address Proof
• Copies of Sale Bill and Purchase Bill
• Partnership Deed/ MoA and AoA
• Copy of Licenses and Bills of Machinery Purchased

25. Process for MSME Registration
1) MSME registration can be done online by visiting the MSME official website.
2) In the application form, you need to mention details regarding your company
and the following details need to be published:-
• Aadhar number of the applicant
• Name, gender, PAN number, email id and mobile number of the applicant.
• PAN, location, and address of the organization.
• A number of employees and the date, you are planning to start your business.
• Bank account number and IFSC code.
• A list of basic business activities of the enterprise.
• NIC 2 digit code.
• A-List of Investments in plant and machinery/equipment.

26. MSME Registered
Certificate Model

27. GST Registration

28. You can reach Bank Loan without Barrier
 Bank Loan Application form.
 Income Tax Return.
 Cibil Credit Report.
 Project Report.
 Projection Report.
 MSME Registration Certificate.
 GST Number
 Building or office Location (Own or
Rental).
Note : If you have clear all above documents, don't worry Bank will approach you to have a Loan

29. List of Indian Entrepreneur
• Brijmohan Lall Munjal (1923- ), founder of The Hero
Group, which owns Hero Motors
• Dhirubhai Ambani (1933–2002), founder of Reliance
Industries
• Ghanshyam Das Birla (1894–1983), prominent member
of the Birla family
• J. C. Mahindra, co-founder of the Mahindra Group
• J.R.D. Tata, founder of Air India and Chairman of the
Tata Group for 52 years.
• Karsanbhai Patel (1945- ), founder of the Nirma Group
• Sabeer Bhatia (1968- ), co-founder of Hotmail
• T. V. Sundaram Iyengar (1877–1955), founder of the TVS
Group