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Aanchal asked

Hi Nandita, If one is looking to open their own company, what would your advice be? What are the few
Hi Nandita, If one is looking to open their own company, what would your advice be? What are the few things that one should take into consideration? Could you share some insights from your experience.
25 Jan 2017, 03:18pm
Hi Anchal, Some initial advice, more I would be happy to discuss later on my mentor board @SHEROES: 1. The structure of your compnay: is it a proprietorship firm, a partnership firm, or a private limited company. Get all required licenses, paperwork in place. Get your bank accounts, statuotory complinces in place. Now what are these? Let's discuss them in our next session. 2. What is your product / service? Is this your core competence? Or would you be dependent on outsourcing? 3. The five P's - Product, Price, Promotion, Place, People. 4. Your short term and long term goals. 5. Your resources - how much you would be able to sustain with your own resources an by when you wuld need external help. And the sacred question - "what is your business model?" Let's discuss this more sometime soon.
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Hi Anchal,
Some initial advice, more I would be happy to discuss later on my mentor board @SHEROES

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