Posts Tagged: business

Legal

Types of Contract

A contract is simply an agreement between two parties where an offer and acceptance to do or refrain from doing a particular thing along with some form of consideration or remuneration to be given on the fulfillment of the promise.

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Advantages of MSME Registration

Micro, small and medium enterprises (MSMEs) are often considered the backbone of Indian economy. MSME’s or SSI provides greater employment opportunity and ensures infrastructural development and industrial growth in the semi-urban and rural areas. Further, these have served well the socialist goals like equality of income and regional imbalances.

Legal

Annual Mandatory Compliance for Start-ups in India

Startups in India have to follow a number of compliances placed by various statues. These include the periodic filing of tax and other returns, holding the board and other meetings, maintaining statutory books and accounts etc.

Legal

Sale of Business Agreement

In this capitalist world, constant economic transactions are taking place. One of these important transactions is selling your business. While the sale of your business sounds like a simple enough deal, there is a lot of basics which has to be hammered out in this comprehensive document.

Legal

Freelance Agreement: Important Clauses

A freelance agreement is an agreement in which people are free to work at their own liberty for their clients. According to the dictionary meaning of freelance, it is serving one or more companies at a time on contract basis as opposed to working for a single company. The person who offers services to other people/companies is a freelancer. They do not work for one person but serve more than one person at a time on their own terms and conditions. Generally, they have expertise in a certain field/matter. E.g. if you visit a studio the person who clicks your photo is a freelancer. He is not your employee though he served you as he has expertise in photography, he served you on his own terms and conditions and he is not obliged to work for you. You are his client. There is a freelance agreement between you and the photographer for a photo.

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Importance of Memorandum of Association

The Memorandum of Association (MOA) is the company's Constitution, prepared at the time of registration and periodically updated to incorporate changes. It is a legal document that defines the very foundation of the company. Therefore, utmost precision and clarity need to be taken at the time of drafting the MOA.

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Essentials of Partnership Deed

Partnership refers to an agreement between two or more persons. To form a partnership firm there is a need for an agreement between the partners. Therefore, a partnership deed is a written agreement specifying certain rules and regulations among the partners. It requires signature by all the partners with an aim to prevent further possibilities of disputes or disagreement arising among the partners.

Legal

How to Register Your Home Address as Company's Registered Office

Registration of a business is very tough indeed worth putting in time for choosing a correct address as the Company’s registered office. The entire procedure of company’s registration, as well as fulfilling governmental requirements, involves a huge amount of finance and procurement of a commercial space is an add-on to the cost.

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Difference between LLP and Partnership

A limited liability partnership, as its name suggests is a business organization where though the partners bring investment in the firm, they have a limited liability towards the dues of the partnership.

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Pros and Cons of Freelancing

A freelancer is someone who sells his or her service to an employer without a long-term contract. They are independent workers serving multiple consumers on a short-term basis with their own terms and conditions. Freelancer is a self-employed or independent contractor.

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What are the Advantages of Partnership Deed?

A partnership deed is an agreement among the partners that lays down the rights and responsibilities of the partners in a business operation to avoid future inconveniences. It has the force of law and is designed to guide the partners in the conduct of their business. A partnership agreement may be written or oral.

Legal

What are the requirements for Trademark Renewal?

Trademark renewal is the process to renew the trademark timely for enjoying its benefits and giving legal protection to it. Also, it is necessary to register the trademark on time so that it should not be removed from the register of trademark known as trademark journal.

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What are the Requirements for Registering a Sole Proprietorship

In a Sole Proprietorship, only one corpse or human being executes the business. Accordingly, the holder and the business are examined as individual material and substances. In other words, there is no variety between the sole-proprietorship and its possessor. Business drafted out by a single person is not like conventional and classical businesses. It is more of a one-man-show which is not expandable beyond an assertive point. Moreover, there is no decree or law leading its listing and working.

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What are the Essentials of a Business Plan?

Many people have unique ideas for starting up a business, but lack of finances does not allow them to start a business. So, the funds and the investors who are funding in your business play a very significant role. They are only going to invest in your business when they will see that they are going to get profit through this investment.

Types of Contract

Advantages of MSME Registration

Annual Mandatory Compliance for Start-ups in India

Sale of Business Agreement

Freelance Agreement: Important Clauses

Importance of Memorandum of Association

Essentials of Partnership Deed

How to Register Your Home Address as Company's Registered Office

Difference between LLP and Partnership

Pros and Cons of Freelancing

What are the Advantages of Partnership Deed?

What are the requirements for Trademark Renewal?

What are the Requirements for Registering a Sole Proprietorship

What are the Essentials of a Business Plan?

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