Starting a new business requires a certain amount of capital. The amount of investment required to start a business would differ based on the business model and the business plan. However, the investment in the business has nothing to do with the success of the business or potential size of the business. For instance, Infosys started in 1981 with an investment of $250 (Rs.15000) is now an $8.64 billion (Rs.54000 crores) global company. Therefore, if you are an entrepreneur with a limited budget, you can follow the following steps to start a business. Let’s share me positive guidelines about starting a business online in the easiest way.
LLP Registration with EMI Option
The first step in starting any business is to incorporate a new business entity. Incorporation of a business entity would facilitate the opening of bank account for the business, obtaining tax registrations and invoicing clients. LLP (Limited Liability Partnership) registration is the low-cost business registration at just Rs.8000. Further, with EMI option available from IndiaFilings.com for LLP Registration, a business can be started in India at just Rs.715 per month with a 12 month EMI plan.
Sell on Ecommerce Portals
Once the business is registered, becoming a seller on Flipkart or Snapdeal is easy. The articles on “How to become a seller on Flipkart” and “How to become a seller on Snapdeal” provide detailed information for becoming a seller on an established eCommerce platform. Becoming a seller on an established eCommerce portal like Flipkart or Snapdeal or Amazon provides easy access to potential customers. Further, as aspects relating to marketing, technology and logistics are taken care of by the eCommerce platform, you can easily start generating revenue.
The story of Siddharth, a young entrepreneur is a good example of a success story built on eCommerce portals: