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Neha PalTop Contributor
Content Writer|| ENGINEER||
Asked a question last year

What is the best way to start my idea to startup?

Where am I?

In StartupTalky you can ask and answer questions and share your experience with others!

Groundwork:

Validate your idea. Check with potential customers, stakeholders, study your competitors, identify the issue/challenge. Gather realistic data from real people.

The journey:

Has already began…

My advice, start alone. Prepare a business plan. Join Startup India Learning program.

Form your entity:

  1. Proprietorship
  2. Partnership
  3. Limited Liabilities Partnership
  4. One Person Company
  5. Private Limited Company

If you are really decided and dedicated to work on your idea, go for a private limited company. In this structure you can utilise the optimum benefits. Of course, legal and statutory obligations are more.