Choose Your Business Type

  1. Choose your Business type:

Each business type and industry have different legal, operational and business needs. Before you start your business, it's important that you understand how these obligations will affect your business.

  • Buying an established business can save you time and help you hit the ground running. However, there are risks involved, including previous business debts and existing staff issues.
  • Taking over the family business? It can be a great solution for everyone, but also has its challenges.
  • If you’re not an Indian citizen or permanent resident and want to start a business in India, you’ll need to know the requirements that apply to Indian businesses.
  • As comparable to other business decision, you should consider franchising carefully. Franchising is unique with its own legal requirements and code of conduct where you need to follow the right processes.
  • Working from home can be convenient and a more flexible way of running a business. You can maximise your success by understanding the risks and government requirements that apply to you.
  • The way you operate your online business will depend on the type of products or services you offer. Having a plan early on can lay the foundation for an effective online presence regardless of the option you choose.

2. Choose your Industry type:

  • Each industry has its own unique legal, operational and business requirements. For example, you may be running a restaurant and checking for a FSSAI license & health and safety requirements.
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