#5 Understand the Permits, Registrations & Compliance for your business

#5 Understand the Permits, Registrations & Compliance for your business: Are you? Planning, Starting, Growing Company, Get your business start and manage all year round with decade of experience.

In any business legal and statutory clarity is of utmost importance but unfortunately most early stage entrepreneurs do not have the clarity or do not do enough homework in order to make sure that they understand the legal aspects well, because of which at the end of the day the business bears the brunt. and most entrepreneurs realize it too late in the day regarding the various legal pitfalls and at that point of time Often steps are taken too late in the day by which time the legal aspects have already become very complicated so for any business before you start is going to be very important to ask ourselves three fundamental questions

1. What kind of Registrations need to be made?
2. What kind of permits need to be obtained?
3. What kind of compliances need to be followed?

#6 Understanding your Intellectual Property Obligations

#6 Understanding your Intellectual Property Obligations: Are you? Planning, Starting, Growing Company, Get your business start and manage all year round with decade of experience.



#Trademark | #Copyright | #Patent | #Design

As a business owner, if you have a unique idea i.e. likely going to be translated into a product or service or an algorithm, it is very important to think about the intellectual property right for this particular thing right from the beginning. Because intellectual property right (IPR) is something that gets less attention and is neglected which leads to big problems in the business in the future so it is going to be very important for us to understand the critical aspects of the intellectual property rights from some of our subject matter experts.
In the process of starting your business, if you’re going to be creating anything, whether it’s creating anything which is in literary or something in writing or it’s an artistic work or it’s music or even your brand or even designs, all of these things are intellectual property and capable of protection and more importantly monetization for you going forward.