Once you are done with a good planning and modeling the launch of your new venture is equally important. Learn the key elements to launch your own business in India and discover the path traced from the startup stage to the IPO. Also understand the revival and exit startegy to milk the venture.
Entrepreneurship development programmesDaksh Goyal
As the term itself denotes, EDP is a programme meant to develop entrepreneurial abilities among the people. In other words, it refers to inculcation, development, and polishing of entrepreneurial skills into a person needed to establish and successfully run his / her enterprise. Thus, the concept of entrepreneurship development programme involves equipping a person with the required skills and knowledge needed for starting and running the enterprise.
Entrepreneurship Development Programme (EDP)uma reur
EDP – Introduction to Entrepreneurship Development Programme
Entrepreneurship Development Programme is primarily meant for developing those first generation entrepreneurs who on their own cannot become successful entrepreneurs. It covers three major variables- location, target group and enterprise.
Any of these can become the focus or starting point for initiating and implementing an EDP.
New Ventures is a global program that provides services for the development o...jamwalakash777
New Ventures is a global program that provides services for the development of small and medium enterprises (SMEs) whose main goal is to generate a positive environmental or social change within their own communities.
Entrepreneurship development programmesDaksh Goyal
As the term itself denotes, EDP is a programme meant to develop entrepreneurial abilities among the people. In other words, it refers to inculcation, development, and polishing of entrepreneurial skills into a person needed to establish and successfully run his / her enterprise. Thus, the concept of entrepreneurship development programme involves equipping a person with the required skills and knowledge needed for starting and running the enterprise.
Entrepreneurship Development Programme (EDP)uma reur
EDP – Introduction to Entrepreneurship Development Programme
Entrepreneurship Development Programme is primarily meant for developing those first generation entrepreneurs who on their own cannot become successful entrepreneurs. It covers three major variables- location, target group and enterprise.
Any of these can become the focus or starting point for initiating and implementing an EDP.
New Ventures is a global program that provides services for the development o...jamwalakash777
New Ventures is a global program that provides services for the development of small and medium enterprises (SMEs) whose main goal is to generate a positive environmental or social change within their own communities.
Company registration has always been a major hassle for people who are looking to start-up their own business in India.With so many procedures, it has always been a lengthy task with not much an ease to complete the process. The newly introduced INC-29, a five-in-one form introduced by Ministry of Corporate affairs (MCA) in May 2015 has come a long way in improving this scenario. This presentation guides you through all the procedures one needs to go till one is officially ready to set up a small business and the relevant documents required for the same.
Filingenie is a corporate consultancy service with 360 degree coverage of integrated and comprehensive business solutions to help organizations with business formation, compliance, and various decision making processes.
How to Register a New Company in India?sicobedelhi
Registering your company is important to give your start-up a legal existence. However, registering a new company is a tedious and long process. It involves lot of legal formalities and a series of steps need to follow.
Sicobe Business Solution provide you an easy way to Register Company in Delhi
In order to be incorporated as a private limited company, a business should have at least two directors and a minimum paid up capital of Rs. 1 lakh. Private limited companies are those companies that raise capital through private deposits and shares.As per the guidelines of the Ministry of Corporate Affairs, Government of India, incorporation of a private limited company is done as follows:
The applicant has to list 1-6 names for the company. They should be indicative of the company’s objectives. The name availability can be checked online. An application has to be made to the Registrar of Companies (RoC) to get the name approved and registered.
An application also has to be made for acquiring a Director Identification Number (DIN) for the business. A DIN is to be assigned to each director and an application has to be made for digital signatures for all directors.
Forms such as the ‘Declaration of compliance’ (Form-1), ‘Notice of situation of registered office of the company’ (Form-18) and ‘Particulars of the Director’s, Manager or Secretary’ (Form-32) within 60 days have to be filled.
Applicants will then have to arrange for Memorandum of Association and Articles of Association. These have to be stamped and signed.
The forms along with stamped and signed memorandum and articles, agreements, company name availability letter along with registration fee are then to be submitted to the ROC.
The Certificate of incorporation has to be collected.
Once you finish your education and are through with the college ready to take on the challenges of the corporate world here are 10 life rules to help you through and live your life like a rockstar !
A business plan is definitely a blueprint that determines the success of an enterprise. This is the reason why it is so crucial to develop a good Business plan after a careful environment scan and SWOT analysis. Learn the key components and methods with which you can develop a good business plan.
The thought process of the entrepreneur varies from a normal person to an extent that it functions differently. Learn about the difference, the role creativity plays, what motivates an entrepreneur and the process of transitioning from Idea to Business opportunity!
Also get an insight why business fail, so that you can avoid those mistakes and how to start a business with low investment.
Role Of Agencies assisting EntrepreneurshipAnubha Rastogi
Various agencies in India including DICs, NSICs, EDII, NIESBUD,NEDB and more are functioning to promote entrepreneurship. Several new initiatives have also been taken by the Government of India to promote the culture of entrepreneurship.
Women today are forming the indispensable part of the society, we are talking about women empowerment, we are talking about breaking the glass ceiling, yet there are many issues that need to be addressed. Learn the insights about women entrepreneurs with a key focus in Indian ecosystem.
Profits are no longer contradictory with social upliftment. Making organizations that are self-sustainable and still impacting the society through a bottom-up approach is absolutely possible.
Learn some successful examples of social entrepreneurs in India and how they are impacting the society. Also, discover what it takes to be a social entrepreneur.
Discover how entrepreneurship is changing in the recent times and the fundamentals of starting your own venture from the scratch. Your Financing options, making your business plan , preparing your pitch deck and other challenges and mistakes to be avoided as you take the course of entrepreneurship.
Entrepreneur & Entrepreneurship Development Anubha Rastogi
Being an entrepreneur can be challenging, rewarding, frustrating, satisfying, disappointing, and exhilarating. To help you through all the highs and lows of starting your own enterprise here is easy to understand guide with basic fundamentals of entrepreneurship being explained.
making everything a delightful experience and getting closer to customer to engage them in the process is something which winning companies are adopting. Gamification and App Development solve the purpose. learn the key fundamentals and explore how can they add value.
With advent of the internet and global connectivity, the way business is done is changing, the way we utilize the people and their potential is changing, the way we interact with people is changing. Nobody is a stranger now and we are connected to one another with the network of networks.
Virtual Communities are interaction platforms for the new age millennials and beyond. The presentation explores different dimensions of establishing and fostering such Communities and the way their potential can be harnessed for the process of co-Creation.
Designing Organisation for Digital SuccessAnubha Rastogi
When everything is becoming digital it is so important for organizations to transform themselves digitally. The presentation examines the characteristics of a digital organization and the roadmap that should be undertaken to bring about the digital transformation. Going further about the details of digital leadership principles and how do you successfully build an Online PR system.
Social Media Marketing: The Power of NetworksAnubha Rastogi
Social Media has emerged as the next big revolution in the world. Changing the way we interact with people and shooting up the speed of information transfer that is happening in the blink of seconds, social media has brought about a revolution.
the presentation explores various mediums of social media that can be harnessed for leveraging maximum benefits.
Video Marketing: Harnessing the power of multimedia.Anubha Rastogi
People remember 20 percent of what they hear, 30% of what they see and an amazing 70% of what they see & hear, and probably that's the reason why videos are absolute favourites of both the marketers and consumers. The presentation gives key insights on video marketing and how can that be harnessed in the best way to drive results.
We are living in a world where an average user spends 5-6 hours on the handheld device Mobile which has become an indispensable part of life. How can this mini device be used to drive growth, reputation and sales, the presentation examines the fact.
Search Marketing is one of the core aspects of Digital Marketing. Paid or Organic, it is not about the competition between the two...but the way both are utilized in sync to drive SERP traffic onto your website.
Content Marketing: How to make a good content and its impactAnubha Rastogi
Learn how to create a good content, the basic fundamentals and how content planning and writing is done and in the process understand the impact of a good content in establishing a brand image and sales.
Understand the intricacies of setting up an online E-Commerce store. Learn the basic fundamentals of B2B vs B2C E-
Commerce portal and major components in an EC Development process.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
2. Anubha Rastogi | VSB
Key Stages of Startup Businesses
Startup Capital
Formation Process
3. Starting a new business has always been a challenging and exciting process. Here’s a step-by-step guide to starting a
business in India:
1. Obtain Director Identification Number (DIN)
Obtain the provisional DIN by filing application Form DIN-1 online. The application form must then be printed and signed
and sent for approval to the ministry along with proof of identity and address. Upon verification and approval, a permanent
DIN is issued.
2. Obtain Digital Signature Certificate
The digital signature certificate can be obtained from one of six private agencies authorized by MCA 21. Company directors
must submit the prescribed application form along with proof of identity and address.
3. Reserve the company name online
Company name approval must be done electronically. The applicant can check the availability of the desired company name
on the MCA 21 web site. A maximum of 6 names may be submitted. Once approved, the selected name appears on the
website.
4. Stamp the company documents
The request for stamping the incorporation documents should be accompanied by unsigned copies of the Memorandum
and Articles of Association (MAA), and the payment receipt. The Superintendent returns the copies, one of which is duly
stamped, signed, and embossed. Then the MAA must be signed by the company promoters and required information filled
in their own handwriting.
Anubha Rastogi | VSB
13 Steps To Starting A Business In India
4. 5. Get the Certificate of Incorporation
Forms e-form 1; e-form 18; and e-form 32 are required to be electronically filed on the website of the Ministry of
Company Affairs: Scanned copies of the consent of the initial directors, and also of the signed and stamped form of the
MAA must be attached to Form 1. One copy of the MAA, Articles of Association, Form 1, Form 32, Form 18 and the
original name approval letter, consent of directors and stamped power of attorney must be submitted to the Registrar of
Companies. The certificate of incorporation is sent automatically to the registered office of the company by registered
mail.
6. Make a seal
Companies require a seal to issue share certificates and other documents. The cost depends on the number of words to
be engraved, the number of seals required, and the time period for delivery.
7. Obtain a Permanent Account Number (PAN)
The PAN application is made using Form 49A. After PAN is obtained a printed PAN card would be delivered. The
application for PAN can also be made online but the documents still need to be physically sent for verification.
8. Obtain a Tax Account Number (TAN)
The application for TAN must be filed using Form 49B and submitted at any TIN Facilitation Center. After verification of
application, the same is sent to the Income Tax Department and the TAN is issued. The application for a TAN can be made
either online through the NSDL website or offline.
Anubha Rastogi | VSB
5. 9. Register with the Office of Inspector, Shops and Establishment Act (State/Municipal)
A statement containing the employer’s and manager’s names and the establishment’s name, postal address, and
category must be sent to the local shop inspector with the applicable fees. Establishments must be registered within 30
days of the opening of the business.
10. Register for GST
Every business whose Annual turnover exceeds Rs 20 lakh (for special states, the amount is Rs 10 lakh) has to register for
GST. Please go to the GST portal and follow the procedure instructed.
11. Register for Profession Tax at the Profession Tax Office (State)
According to section 5 of the Profession Tax Act, every employer (not being an officer of the government) is liable to
taxation and shall obtain a certificate of registration from the prescribed authority. The company is required to apply to
the registering authority using Form 1.
12. Register with Employees’ Provident Fund Organization (National)
The employer is required to provide necessary information to the concerned regional Provident Fund Organization
(EPFO) in the prescribed manner for allotment of Establishment Code Number. No separate registration is required for
the employees.
Anubha Rastogi | VSB
6. Anubha Rastogi | VSB
13. Register for Medical Insurance
Registration is the process by which every paid employee is identified for insurance purposes and their individual records
are set up for them. As per the Employees’ State Insurance (General), Form 01 must be submitted by the employer for
registration after which the Employer Code Number is issued.
Once your business is off the ground, you will need to sell your range of products too. One of the most profitable ways is
to sell online is Amazon. With its vast experience in online sales, Amazon would be happy to help you. Please register as a
seller on Amazon and discover the world of e-commerce.
8. Anubha Rastogi | VSB
Process Charts for launching a new venture
When you put everything in a diagram, the gaps and flaws become clear and so is there handling and removal !
12. Anubha Rastogi | VSB
...because a solid exit process maximizes value.
• The Exit Is Just As Important As The Investment
– How is value created? By forming a business, building the business, and selling the business
– A well-designed Exit can create as much economic value (for founders, investors, and employees) as all the
heavy lifting of actually building the business
• The Startup Landscape Has Changed
– Open source, viral media, cloud, EC2, APIs, offshoring, etc. = cheap to start & scale a company
– Lean startup model = rapid prototype & testing, multiple pivots (instead of one big business model bet)
– Goal mis-alignment between VCs & startups = Angels and super angels are the new funding sources
• The Exit Environment Has Changed
– IPO market is still (pretty much) dead
– For large companies, “M&A is the New R&D”
– Large companies have too much cash & need to buy a growth story
– Business strategies of acquirers are intersecting (Google vs. Apple vs. Adobe etc.)
Net-Net:
Cheap & lean startups + smaller funding rounds + new funding sources + faster
startup lifecycles + shorter time to (fail or) exit = The New Opportunity.
WHY THINK ABOUT YOUR EXIT?
13. Anubha Rastogi | VSB
Lower risk, more return (for Entrepreneurs)
• Entrepreneurs like to create and grow, not manage
– Start it, build it, sell it-- and then start again (or become an angel investor)
– Founders’ value typically diminishes over time, as co. requires more process, less experimentation
– Your key strengths are in creating-- not managing the people, systems and structure of a large enterprise
• The VC model breeds big, “swing for the fences” companies
– Large VC funds require massive exits to move the needle
– VCs have multiple mechanisms to block exits that would otherwise be good for Founders
• Mis-alignment of goals and time horizons
– Venture-backed companies average 6-8 years from VC financing to M&A exit
– After founders’ shares have already vested, “equity effect” becomes a drag on momentum, motivation
– Relatively few founders are still at the helm at the time of an IPO or mega-acquisition
WHY IT MAKES SENSE TO EXIT EARLY