Announcement: “How to start a business?” Workshop

Too many times during my interactions with aspiring entrepreneurs and students I am asked to handle sessions on “How to start a business?” It is a rather obvious question that every serious wannabe entrepreneur ends up facing. Since there are not too many people well versed in the regulatory affairs and equally adept at teaching them, I find it difficult to refer them anywhere.


So, when Kalyan (a dear friend) called in to share details about his training company (Ace Academy) offering a one day workshop by the title “How to start a business?” I voluntarily accepted to share the information amongst my network.


If you are a serious entrepreneur or an aspiring entrepreneur or a curious student wanting to know what kind of enterprise to set and the related regulatory requirements, then this is the workshop to attend. The details are below:


The workshop will be held at ACE Academy’s training centre at Mylapore on Saturday, 22nd February, 2014, between 10 AM & 5 PM


The workshop will be interactive and will cover the following steps-


1.0    Analyse the business                                                                                                                            -


- Classify according to manufacturing, trading or services


- Know your peers and competitors


- Decide what operations to outsource and which ones to retain in-house


2.0   Decide on the location


- Closer to the customer or closer to the resources


3.0   Decide on the funds  required and means of funding


- Prepare Business Plan


- Decide fund requirements


- Decide on sources of funds


4.0   Decide on the entity


- Decide based on flexibility, speed, credibility, limited liability, cost, etc


5.0   Decide on the name


- Tips on naming


- Booking the name


- Relationship between name and entity


- Apply for trade mark / copy right


6.0   Form the entity


- Proprietorship


- Partnership


- One Person Company


- LLP


- Private Limited Company


- Public Limited Company


7.0   Obtain PAN & TAN


- PAN


- TAN


8.0   Open bank account


- Type of account


- Type of bank


- Documents required


9.0   Registration under tax laws


- Applicability Matrix


- Income Tax


- Central Excise


- VAT & CST


- Service Tax


10.0            Import Export Code and MSME registration


- Import / Export Code


- MSME Registration


The fee for the workshop is Rs. 2,490/- (Including service tax)


Those interested in benefitting from this workshop can contact +91 44 2498 1027 or 97109 28701.


Please contact the above numbers to register! Good Luck and Happy Learning!


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Published on February 18, 2014 07:18
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