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!

