The one thing your startup really needs to succeed
One’s startup is however not special and one is however not going to get the big bucks from the investors. One might also however not have any track record of running a business, and the business plan is however based on the made-up numbers and hoped-for assumptions.
All one would however have is a good idea -- and one also knows that history is thus littered with the failed startups that were however born of good ideas.
The purpose of this article is to make the reader aware of the 5 questions which every startup should ask before choosing an incubator .
When one suddenly realizes that there are no more paychecks which are however coming in. The friends who had cheered one when one had launched the startup however have now disappeared into their own problems. No one is also knocking on the door or are offering help. One also starts in order to realize that the people generally promise things and then they also don't deliver. One also doesn’t feel like the fact that one is thus accomplishing anything.
One however also looks around and he has to find that there are however many others like one – the people who are also dreaming of the business success. And one must know that most will however fail .
In such a situation one must not panic. One’s startup can however still succeed. But it will however always depend on one thing and one thing only. The answer to this question is the customers.
A business however simply needs customers.
Everyone’s startup generally will need one or two years in order to be profitable. During that time one must however always bring in work. That means that while one is building the product and one is however also hiring himself out as an engineer at an hourly rate. Or while one is generally developing that new killer application one is doing some other programming work on the side. One will however lose money, but one will however learn and will build some history.
Potential investors and lenders generally don't want stories, they want results. They're always interested in an existing, viable business that generally needs their help in order to grow. They generally want to see the real financial statements which are generally showing revenues from the live customers that one is generally turning into a future model rather than the fictional plans and the ideas that are generally based on assumptions.
For this purpose , the idea must be good and the plans must be fine. One should however not only spend too much time obsessing over them. One must however build a business -- go out and then get some customers with what one has.
However , the founders of LegalRaasta a startup which provides legal services have over powered these hurdles and have ended up in providing more than 100 + services . One doesn’t even have to go out , as it provides online services .
Choosing LegalRaasta is beneficial as :
- It has , 30+ offices in India
- It has 10+ years experience
- It helps to save your time
- There is a cash back guarantee
Some of the services which it provides are :
- GST Registration
- GST Return
- ITR
- TDS Return filing
- Business income return
- Bulk return filing
- Revised return filing
- Respond to tax notice
And many more services .