How to Open a Startup if you’re an Entrepreneur in India
If you’re new to Indian business market, let our experts guide you on how to start a startup in India as an entrepreneur. Filled with tips and brainy ways to dodge the hurdles as a startup, this list is all you need to get started safely!
Ways to Open a Startup Hidden for Innovative Entrepreneurs in India
1. Shrug off that Starting Trouble
Everyone goes through the starting trouble. So, it’s natural you feel confused as to where to start your startup? Should you rent an office space for your publishing house or boutique? Regardless of your destination, it is important to get started than fantasize boundlessly!
2. Get a Team to Co-Found your Startup
The next thing you need after conjuring that inspiration is a dedicated team to help you. Be it world’s first altcoin or Canva, it takes many hands to create legendary greatness.
To make your startup a great success, get a team of professionals crucial for your work. Respect them and employee them only after ensuring that you can pay them. A great team is the backbone of many successful ventures.
3. Hire Freelancers for Cost-Efficient Work
Another progressive way of cutting cost if you’re a startup in India is by hiring freelance professionals for your work. They can offer quick work, on time without delay. This way, you don’t need to micromanage the staff or waste resources on equipping them. Often, freelancers will always have their paraphernalia to provide creative and affordable long term work.
4. Save on Office Space Rental in India
When you choose a coworking or shared office space, you also save on extravagant costs of renting a commercial real estate property. From basic amenities to the Internet and advanced services, plug and play office spaces can cut up to 70% total costs on renting.
You can save on huge investment costs and funding when you opt for fully furnished offices instead of building or buying a luxury office in the centre of the town, from scratch!
5. Investors, Angels and VCs for Startups in India
Incubators are the ground you need as a startup in India. They offer you tips to guidance and human resources to launch your startup.
The next up is Angel Investors who invest in your startup for a stake of equity. Unlike AI, VC or Venture Capitalists are rare to find and excellent if you can collaborate with. Their stakes are high and nothing beats them except crowdfunding or bank loans for starting your startup in India.
6. Consult a Legal Consultant to Guide you
Before starting any new business in India, it is important to consult a lawyer who can guide you on the pliability of your product in the Indian Market. He or she can point out the direction you must take as well as avoid to make the best out of your startup.
The Real Estate Expert Says …
If you’re ready to start your business, talk to our real estate expert on a complete array of services best fit for your startup. Don’t forget to make a start first!