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Points to Pondor Before Starting your Business Startup Launch Checklist www.signitiv.com


A startup is a company designed to develop and validate a scalable business model effectively. India is one of the world’s most densely nations and has slowly evolved into a powerhouse over the last few decades influencing the world economy and the innovation sector. It has also been one of the entrepreneurial ventures. Here are the steps which helps and guide you to turn your big idea into a successful business. EVALUATE YOURSELF Always remember that why you have started a business? Once you have the reason for it, then start asking more questions to help you to figure out the type of business you should start.  What skills do you have?  Where does your passion lie?  Where is your area of expertise?  How much do you afford to spend?  How much capital do you need?  Are you even ready to be an entrepreneur? Be brutally honest with your answers, so that it will help you to evaluate yourself. COME UP WITH AN IDEAS Getting an idea can be as simple so you can take any idea and customize it to the times and your needs. Add your own creativity to any concept. Customizing a concept is not a choice, it is a necessity if you want your business to be successful. One of the best way to determine whether your idea will succeed in your community is to talk to people you know. If it is a business idea then talk to the coworkers and colleagues. CHECK THE TRENDS AND AIM PERFECTLY A startup becomes successful only if the business is with the trending aspects. There are multiple trends which might be noticed during the assessment. However, the aim of a startup should be to offer a good product or service to customers which is relevant for them at the present time. The news, events, launches or other recently happenings can also be referred to know more about the business trends. This will help your startup in setting an appropriate business plan.

SIGNITIV CONSULTANCY PRIVATE LIMITED STARTUP BUSINESS CONSULTING SERVICES CALL: +91 7449103000 | +91 7449104000 | +91 7449105000 | +91 7449106000 WEB: www.signitiv.com EMAIL: hello@signitiv.com


WRITE YOUR BUSINESS PLAN A business plan is a written description of how your business will evolve from when it starts to the finish of a product. The things should be involved in your business plan are as follows:  Title page  Executive summary  Business description  Market strategies  Competitive analysis  Design and development plan  Operation and management plan  Finance factors SET UP A GOOD WEBSITE Setting up a good website and having an online presence is almost the unspoken rite of passage for anyone with a business today, as studies have shown that customers are learning more and more to research online before buying it. Creating a website enables you to be visible to the right people, encouraging personal customer engagement with your company. Your website should also include your companies terms of service, your privacy policy, etc. Benefits:  A good website promotes personal customer engagement which builds more confidence in your brand  Your website should be your face to the world where people can seek out trusted information about what you do. TRADEMARK YOUR NAME A trademark is an asset that can be valuable for your brand to succeed. Your trademark is essentially the character of your brand and as soon as your brand gains attraction. Benefits  Registering your trademark is the first step toward ensuring your customers identify your products or services only with your brand.

SIGNITIV CONSULTANCY PRIVATE LIMITED STARTUP BUSINESS CONSULTING SERVICES CALL: +91 7449103000 | +91 7449104000 | +91 7449105000 | +91 7449106000 WEB: www.signitiv.com EMAIL: hello@signitiv.com


DO MARKET RESEARCH The most crucial step when starting a business is to understand the market. The easiest and the fastest way to validate your idea to get to the market with a product as quickly as possible. Speed is critical in today’s marketing, because things are changing faster than ever before. So, market research plays a vital role in a startups. GET THE RIGHT MENTOR If you are starting up, getting the right mentor not for the money but for his time and connections that can take you forward. Let the mentor go out and get you connected to the investors to get angel funds. So that you can take it across to the next level. MAKE IT REGISTERED Before looking for the funds, registering a company as a private limited company is a must if you want to build a scalable business. Many startups and growing business choose to register as a private limited company as it allows outside funding to be raised easily. It should include the followings.  Business structure  Business name  Permits  License  Bank accounts  Trademarks, copyrights. FINANCE YOUR BUSINESS There are many different ways to get the resources you need to start your business which are figured out below.  Fund your startup yourself  Pitch your needs to friends and family  Request a small business grant  Start a crowdfunding campaign online  Apply to the local investors group  Seek a bank loan.

SIGNITIV CONSULTANCY PRIVATE LIMITED STARTUP BUSINESS CONSULTING SERVICES CALL: +91 7449103000 | +91 7449104000 | +91 7449105000 | +91 7449106000 WEB: www.signitiv.com EMAIL: hello@signitiv.com


BUILD YOUR OWN TEAM To scale your business, you need to hand off responsibilities to other people so you need a team. When a team comes together, the first thing you will have to do is to understand the different skill sets within your team and decide who will do what in your company. The objective of this is to have an open and honest discussion with your team members about their part in the success of your company. GROW YOUR BUSINESS There are million different ways to grow your business. You could acquire another business, start targeting a new market, expand your offerings and more. First step is that, you should have a plan to market yourself. It can be achieved by social media effectively through organic, paid campaigns. So in order to compete with your competitors you should keep researching the market, hiring good people and making a superior product and you will be on your way to building your own startup which you have dreamed about.

SIGNITIV CONSULTANCY PRIVATE LIMITED STARTUP BUSINESS CONSULTING SERVICES CALL: +91 7449103000 | +91 7449104000 | +91 7449105000 | +91 7449106000 WEB: www.signitiv.com EMAIL: hello@signitiv.com

Pointes to Pondor Before Starting Your Business Startup launch Checklist  

A startup is a company designed to develop and validate a scalable business model effectively. India is one of the world’s most densely nati...

Pointes to Pondor Before Starting Your Business Startup launch Checklist  

A startup is a company designed to develop and validate a scalable business model effectively. India is one of the world’s most densely nati...

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