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How to setup an ecommerce company in India?

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ecommerce startup in india

India is a land of budding entrepreneurs. The youth of India is disillusioned from the lure of getting a job and they do not mind taking risks to reap greater rewards. The internet boom in India has also caused some young people to take to the internet to fulfil their dreams of moneymaking. However, there are many formalities and legal proceedings, which must be addressed before a person, is able to own an online store.

To start a business in India is definitely no cakewalk. However it has improved a lot over the last five years. Legal, taxation and other process are not streamlined.

-Saurabh Nangia. Founder, Targeting Mantra

From Market Research to legal registration to selecting appropriate tools for business management, if you aspire to become an entrepreneur then you need to have nitty gritty of all business and legal matters. Market research will help you prepare a plan for your company, legal registration will be required when you are satisfied with your business plan and want to start it as your career, finally tools such as version management,  account and records management will help you manage your business effectively and securely. A good record holding service will also help you in maintaining your sales records and thus you can always do taxes right and your operations are more efficient. Also all the legal requirements can be satisfied with good record keeping. Access to some documents should be controlled or they might be a major security breach and your trading secrets can be compromised.   To setup an ecommerce company in India a proper procedure should be followed.

1. Market research and testing – The market for the idea must be extensively researched and narrowed down. Most of the ecommerce websites in India fail because they try to cater to a bigger market than they can handle and thus their customer service suffers. In addition, they lose out to big online department stores like Amazon and EBay and their business is forced to shut down. However if the market that is being catered to is small and the products that is on offer is specific the company can survive.

2. Legal Registration of the Company– In India, to set up an ecommerce business one must fulfil many formalities with the Ministry of Corporate Affairs. Unlike in other countries it is mandatory to register an ecommerce business with a legal address. To register an ecommerce business a company must have complete these formalities

  • A valid address – The team must provide a valid address for the business. It can be a private address of a team member too. Nevertheless, to rent a certain office space is advised.
  • Two Board of Directors with DINs – There must be at least two board of directors with valid Director Identification Numbers. A person can register himself as director for a company by paying a sum of around 300rs to Ministry of Corporate Affairs. Any competent lawyer can draw up documents for the DINs.
  • A sum of 100,000 Rs Capital – At the end of financial year, the company must show a capital of 100,000 Rs in its books.
  • A valid company name – A valid company name has two components. The first word denotes the unique name of the company. The second word denotes the nature of the company. For example Tata Consultancy Services, Reliance Telecom, Sapient Consulting etc.
  • Other Laws – Certain laws are to be taken care of by a company. Laws like labour laws, taxes like VAT and GST might be applicable on the company and a competent chartered accountant is often required to take care of these.
  • Many times employee insurance etc. has to be taken care of, but small teams run most of the ecommerce startups and hence it might not be required.

Many online law companies can help you in setting up an ecommerce company.

3. Tools required – It is perhaps the most ignored part in the setting up of the ecommerce company. Most start up teams do not spend enough time on research for tools that are required and hence their productivity remains low. Because of low productivity, their competition has an advantage over them and it causes the company to incur losses. A startup should make sure that they have the right tools for setting up an ecommerce company.

These tools are absolutely required by the startup companies. Get the complete list here

1)      Online conferencing tool -Most of the ecommerce sites are setup by the people who are already working somewhere and thus cannot meet often. To ensure that there is no gap in communication a good conferencing tool is required. Tools like Skype and Yahoo Messenger can actually help a person as they allow group conferences with audio and video calls free over the internet and are easily available.

2)      A file sharing Service- There must be a central file repository or else there definitely will be a gap in research and data. Without a central file sharing system, all the data will be scattered and thus productivity will be very less. There are many solutions for this in the market. However, Skydrive and Dropbox are the most widely used and easily available services.

3)      Records Management Service – This is often the most neglected service by the ecommerce website owners. There is a wrong perception that data is managed easily online. However, they neglect the security of their data. SaracenDataStore is one such service provider, which can really help you in making your data secure. Such a service is very safe and data is stored behind the safety of impenetrable firewalls. A formal record management policy is necessary for any company.

I am a software engineer in a prestigious MNC. I am NSE certified derivatives professional and I like to dabble in money making schemes a lot. I like to read, play subway surfer on my tab and I am always connected to internet.

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Why hair transplant is so demanded in Turkey

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Men face every day the aesthetic canons that society imposes. It is no longer only women who suffer the consequences of maintaining an attractive and young image, but nowadays the male sector is also affected. In the case of men, alopecia is one of the biggest concerns, because a beautiful, strong and healthy hair is symbol of beauty and youth.

Men, after trying several homemade methods or miraculous solutions, see how their baldness increases in the same proportion as their self-esteem decreases. The worst of all is that alopecia is something inevitable, but the good thing is that there are medical advanced treatments that really provides good and natural results.

Capillary grafts are no longer a taboo and Turkey is the European epicentre for this type of treatments, becoming the mecca of health tourism, especially related to provide modern and effective solutions against alopecia.

The most advanced hair treatments in Turkey

Turkey has many expert clinics in this field, such as Capilclinic, that make possible this international acknowledgment of hair treatments in this country. This popularity is due to their ability to apply the latest technology and the most modern methods in the solutions offered to their patients.

The most demanded treatment to solve the alopecia problem is the hair transplant in Turkey,  that ensures natural results and the patient does not have to worry about anything, since they often offer packages where all expenses are included: treatment, hotel, private transport…  It is also remarkable that this country is becoming so popular as a medical destiny because of its really competitive prices if we compare them with the same procedures carried out in other European countries. In addition, these packages we’re talking about offer many more advantages than the treatments in other countries for much less money.

Therefore, personal attention and professional and economic reasons are the main motives that make thousands of people travel to Turkey to undergo medical treatments.

How to know if a capillary graft is well done

The main objective that we want to achieve with a capillary graft is naturalness. In this sense, we can say that the treatment has been a success when nobody notices it. The experience of the professionals of the medical team that carries out the treatment is the key element that guarantees the natural results. Each graft must be made according to the angle and direction of the hair of the area of ​​the head in which it is located.

In addition, other aspects have to be taken into account to achieve that naturalness. For example, considering the age of the patient is essential, since it would be very artificial for a 60-year-old man to have a very low frontal line, more appropriate for adolescents.

The decision about what kind of hair transplant choose and which will be the most effective should be taken with the precise advice of the professionals, after evaluating each particular case and the patient’s own expectations.

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BI Tecnology leading the way in provision of industrial machinery

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The Italian company BI Tecnology has merged with I.mec in order to provide a better service to its clients and make it much easier for them to access products and services easily without losing any of the years and years of expertise gained in the industry.

They specialise in main products that have applications across many industries from food and pharmaceuticals to ceramics and waste disposal and recycling. They are experts across machinery for all these sectors and the provision of machinery it assist with the production of quality materials and ingredients.

Industry experts Bitecnology.com are able to give advice and guidance on all aspects of iron removal systems, vibrating sieves and mixing tanks, no matter which sector requires the equipment, and they carry all the right quality assurances and certifications so you can be safe in the knowledge that you are working with a quality piece of equipment.

Putting the customer first and adapting to their needs

Bitecnology have a whole team of experts who can not only ensure that the right equipment is purchased that meets the client’s need, but they can also consult on how to adapt the wide range of equipment to meet specialised criteria dependent on the needs of the client.

The priority is customer service and experience and decent post-sale support, to ensure the use of the equipment is running smoothly and as expected. BI tecnology and I.mec consider themselves as a partner you can rely on for all your screening, filtering and iron removal.

Separation of dry materials and mixtures

Bitecnology are specialists in vibrating sieves which are used to separate mixtures and in the production of heterogeneous solids. The size of the orifices in the sieve vary, making one vibrating sieve more appropriate for certain tasks than another.

Often they are used in the food industry and food production lines, but also in other industries like waste separation, or removing chunks of marble from sand, or removing impurities from salt for example. The machines are ideal for use across a range of industries, not just food production but also pharmaceutical, ceramic, cosmetics and construction industries.

In instances where it is better to add water to a dry mix, there are also machines available for this. It allows sieving down to the finest particles available through a fine mechanical sieve made from steel or nylon mixed with bronze. This is known as wet screening.

Quality is assured through independent certification

In order to guarantee a quality product, and to build trust that high standards will always be maintained, BI Tecnology  have been sure to not only obtain those certifications that are required under EU regulations, but also additional certifications to show how well produced each product is.

Every machine produced is subjected to thorough systematic testing. It means you can be sure that the service is reliable and safe, and is important for quality standards. And this is in addition to the  Ex Atex and TUV InterCert SAAR Certificates the company holds.

This is how you know it is a company you can trust and rely on, but also it is vital in your own manufacturing or production line that the safety of your own workforce is catered for, and that using these machines also ensure a quality outcome for you too.

A wide range of products are available

It is not just the vibrating sieve that is available, there are a wide range of products to suit your needs, including:

Vibrating sieves

Mechanical canvases for vibrating sieves

Iron removers

Mixers

Pumps

Dissolving Units

Mill discharge Units

They are happy to go through a consultation to discuss the best option, simply complete a form online or give them a call for a specialist, competitive quote.

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How to plan the best Ibiza party

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Ibiza is the party capital of the world. In the beautiful Balearic Islands in the Mediterranean sea, the island vibes and gorgeous weather has hundreds of thousands of visitors flocking to the island every year ready to relax, unwind and in many cases party hard.

VIP night in London Barcelone MArbella ibiza

This is why Ibiza is a fantastic place to host the event to end all events, but with so many parties to choose from on the island, how do you get people to yours? Here are some hints and tips to get you started when planning your first Ibiza event.

First things first – set a budget

Amazing parties do not just happen. They need time, a lot of effort and planning, and be prepared to invest a little money in the party.

It is important not to underestimate the budget you will need. Do your research in relation to how much everything will cost, from licences if you need them, staff to run security and provide drinks and food, a DJ, rental of important equipment and the hire of the venue itself.

It can soon add up. You should also allocate some funds towards marketing the event if you want people to book a ticket or simply turn up. Whether you are printing publicity material, or promoting via social media and online, it will cost money.

Choose a venue that will blow people away

For any Ibiza party planner the first thing you have to do is choose a venue, and the more spectacular or unusual the better. You want your guest to walk in an say wow, and be talking about it with all their friends for years afterwards.

When choosing a venue you need to consider the logistics first. First consider how many attendees you are expecting. If it is a more intimate gathering of around 20 to 50 people, then there are many gorgeous villas to choose from.

Or you might want something a little more grand if you are expecting several hundred like a beach party. Talk to the various venues available to hire. Make sure that they are open to your hosting a party at their location, and be conscious of local laws and the neighbours especially of you want to have live or amplified music at the party and the intention is to keep it going long into the night. Or even until the sunrises – this is Ibiza after all, the party capital of the world.

Also consider location in terms of accessibility. Is it easy to get to and find? How will people get home at the end of the night? Much of Ibiza is spread across the island so if taxis are involved you might need to let some of the taxi companies know that you will need a lot of taxis on the night you choose. Also consider other elements of the party. For example you can’t host a pool party without a pool, and if you are serving food, what facilities are there for preparing it.  

Get the sound and lighting right

Lighting can make a huge difference to the atmosphere of a party, particularly at night and especially if you are intending to have professional filming if you want to create promotional videos for future parties.

Think about the atmosphere you want to create, is it something subtle, or a lighting spectacular? The most simple space can be utterly transformed by lighting and this is no area to cut costs, it is likely you will need lighting equipment hire Ibiza, as buying it yourself really will blow the budget.

Are you thinking of pyrotechnics, LED displays, lasers or dry ice. Then the best option is to hire what you need for the event. A good hire company will also be able to provide all the rigging you will need too, delivered, installed and dismantled by professionals.

The second major piece of electronics that you have to get right is the sound system, especially for a music event. Consider sound system hire Ibiza for everything from PA systems to advanced mixing desks for live events and concerts.

Looking after your guests with the best service

You’ve gone to all the trouble of setting up the most amazing venue, the entertain is going to be fantastic, the marketing has got people to turn up – the last thing you want is for the event not to meet expectations.

You need to have a plan for how you will look after your guests after they arrive.

One of the most important aspects, especially for large crowds is the toilets. You do not want half your guests in a queue for the toilet all night. You also do not want those toilets to immediately become disgusting because you haven’t got enough for the number of people. So make sure you have that covered.

You also need to work out the bar, any VIP area and catering options if you are providing them. You want your guests to feel comfortable at all times, and not leaving because they are hungry or thirsty.

Finally, the most important aspect – the people. When you hire staff for the night, as security, runners, bar staff, cleaners, remember that they will be representing you and they need to have a positive attitude when it comes to looking after your guests. This can make all the difference between a smooth running amazing event, and one that very quickly turns into chaos.

It can sometimes feel a bit daunting when planning your first event, especially if you have never done it before. There are a lot of moving parts, and your organisational skills need to be incredible to avoid the pitfalls of a failed event. But don’t let that put you off. It might even be worth calling in a professional Ibiza event agency, so that you can have a little peace of mind in the planning and also rely on their expertise in event planning and the local area. You can then concentrate more on having a good time and enjoying the show rather than run yourself ragged on the night.

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