Before we proceed we would like you to Check out our new tool to calculate the investor and Founder payout and equity sharing based on the investment made by each entity here http://gizmo.startupfreak.com/ Aakash Saxena (changed name), a former technical head of a very famous travelling website, quits a 1 Cr package for a startup which he feels worth millions. …

What taxes do I need to pay and what taxes are the manufacturer’s liability? Moreover, on which amount should I (and the manufacturer) pay the taxes? E-commerce is the buzzword nowadays. Because of the convenience it offers of buying things sitting in your home or office it is becoming increasingly popular. Many big and small companies are riding on the …

When the world is looking at the electoral decision of world’s largest democracy, the man leading the race has surely a lot to learn from his administrative and innovative style of governance for entrepreneurs. 1. When the going gets tough, tough gets going: The claims of development which Mr. Modi makes have taken a lot of tough time to become …

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The adage no job is finished until the paperwork is done was born in the business world and remains an integral part of starting and maintaining a business. Proper record keeping not only will allow you to keep a handle on expenses and use past figures for future planning far more accurately than your memory, it will also keep you …

In the age of the computer and internet it is easy to overlook time proven business marketing strategies like the typical postal mail. This can be a very large mistake. While it is true that most people use or have access to computers, virtually everybody receives mail. In many demographics, large percentages of the population are still not completely comfortable …

Far and away the largest expense to a business is labor costs. In a new business without a steady stream of revenue making payroll can be a huge drain on your cash reserves. Depending on how well capitalized your business is, two or three off weeks with expenses and payroll coming from reserves can mean the end of your business. …

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Startups go through a series of funding from venture capital firms. Capital is raised in multiple rounds of financing as the valuation of a company may increase when the startup demonstrates: Increased probability of success Proof of concept Growth in customer base, etc. In each round of financing, valuation is done independently. Investors who invest in early rounds prefer to …

Collection of revenue is very important for functioning of any government and is prevalent since time immemorial. Different types of taxes are imposed by government viz income tax, corporate tax, property tax, sales tax, excise tax, custom tax, and service tax. These taxes help government to run administration to meet socio-economic objectives of government What is Excise Duty ? Excise …