Resources for entrepreneurs in India
Founders’ agreement is an essential document that one must look at before starting any business. We try to touch upon some of the important elements that should be included in a Founders’ agreement.
Indian laws allow different types of business entities to be established such as Sole Proprietorship, Partnership Firm, Limited Liability Partnership, Private Limited Company and Public Limited Company. Choice of the business entity depends on various factors including taxation, liability, future growth strategy, investment and exit strategy.
If statistics are to be believed, most businesses never receive Angel or Venture capital funding. How do they survive and become successful in absence of such investment? The article helps one find ways to bootstrap their business when VC money is either no available or not an option.
Do you know the difference between cash flow and profit? Often entrepreneurs ignore financial exercise only to realize that it has cost them their business. How can you avoid such mistakes? The article attempts to answer these questions.