Hi Everyone,
I have some queries related to a product company. I have an idea on which i’m working right now but i’m little worried because of below queries so i’m asking them here. Please share your experience and answer them. Thanks.
Queries/Questions:
Is it a good idea to start with a product company if we don’t have any prior knowledge of business? What necessary steps can we take before we start our business?
How risky or challenging for a startup can be if the same idea & products available in the market in some other parts of our country or at low level in same state?
What precautions/steps should a startup can take to grow their customer base and save themselves from any legal issues?
What necessary steps can we take if we have a very low budget for a product company? Where & how can we invest our money which can help us to gain more customers?
Should we register the company before selling our products or we should wait till we get enough money to start with? Is it necessary to get a tin number we sell any product at a very low level? Is there any legal issues?
