Startups and it ideas

2. •Simply a startup are the companies that are in
initial/ first stage of operation
•Startups are founded by one or more
entrepreneurs who want to develop a product
or service for which they believe there is a
demand, or they can be able to make demand
for their product or service
STARTUP

3. 1-Location:The most important factor that we
consider in a startup is the location. We must decide
whether the business is conducted online, in an office,
or by considering our home as an office. We can
choose our location according to the product and
service we provide.
2-Funding:Startups first raise funds mainly from
family and friends. They also take loans from banks.
Currently, there are several schemes and several loans
in banks. For startups, the bank only charges a small
amount of interest for these loans. After the startup is
developed, they can also get funding through crowd
funding.
Factors to consider when starting a startup

4. 3-Legal structure: Startups need to consider which legal structure best fits their
entity.
4-Market: Consider the broad market your business can serve. You can think
about what geographic range you can cover and what kind of people might have the
need that your business.
5- Competitors: Research the businesses that produce similar products or
services. You can learn what advertising works for them and what locations they
serve.
6-Employees:If you have business partners, you might consider how much work
each plans to do and any jobs that you don't want to do.and how many employees
you need
7- Specific audience: After you've discovered your market, you can narrow down
your focus to what specific audience you plan to target. Consider these aspects of your
potential customer:
•Age

5. Positive parts are:
1. More opportunities to learn
2. Increased responsibility
3. Flexibility
4. Workplace benefits
5. Innovation is encouraged
6. Flexible hours
POSITIVE AND NEGATIVE PARTS OF STARTUPS

6. Negative parts are:
1. Risk of failure
2. Having to raise capital
3. High stress
4. Competitive business
environment

7. STEPS TO START A STARTUP
1. Having a great idea
2. Market research
3. Creating a business plan that outlines your
company structure, goals, mission, and valves
4. Funding: this is the most important and task-
intensive step in a startup.
5. Legal paper. The next step is the making and
developing of all the required legal papers. This
includes licenses and permits.
6. Establish a suitable location.
7. Plan to attract customers' attention
8. Establish a customer base and adapt a growing
plan.

8. THANK YOU