READERSFAME - Start Business and idea, Business registration

Business Registration: It is always better to do business than job. If you have good idea and you are well prepared, go for business registration. Make your objective final and register your business. Objective of a business is required to finalize, in which field you want to do business and for which product you are planning. Business objective e.g. 1. To give service of transportation to manufacturing industries, which includes raw materials and finished products. 2. To manufacture automotive components. These are the objectives of any business or any company/industry. Any objective can be decided by any business as per their products or services. Company secretary will help to decide and make precise objective. After objective definition business is to be registered. There are various types of businesses which are discussed below: 1. Sole proprietorship:   Any single seller can start his business by registering proprietorship. There is no need of more d

Business resources are the inputs required to run business. Some inputs are easily available but for other inputs more efforts and legal procedures are required to get and start business. Various inputs like employee, physical equipment, raw material, funds etc. are must to start business. These are the main resources because without these resources business can’t run. Land:   Land is a natural resource which is used for setting up workshops, offices, warehouses, buildings and free space for tree planting, parking and other required reasons. Land can be acquired by purchasing from suitable area. Another option is to get land by purchasing from industrial development corporation. If purchasing is not possible, land or workshop can be taken on lease. Based on financial planning and funds available anybody can take decision of getting land for business. It is better to think on private and self-owned land to avoid lengthy procedure and investing more for land. Ready workshops or