TheRodinhoods

Few doubts regarding a Startup!

Hello,

First of all thank you so much for approving my account so fast. 🙂

I am connect to TRHS Discussions from a long time and love reading them. But there are few things I can’t figure out yet so need your help.

I worked for one year as a network engineer and then left job in Feb this year cuz I always wanted to start an online marketing company. Things are going good as of now and I am working from home as a web designer and social media strategist. But this thing gave me a tag of Freelancer which I never wanted to become. So I decided to get a small space and start it professionally like a micro enterprise.

I got financial as well as motivational support from my mother and I am just hoping that things will work out fine. I am working in the same field as a part timer since 2008. Please help me out in few things:

1. Office Space or Shop: Personally I want an office space where 5-6 people can sit and work but my family is more like get a shop so that more can approach you and its better than working in a hidden space. Which one will be better according to you my experienced entrepreneurs?

2. Friends and Relatives: At this point of time I am pretty sure that I want to do my own work but the pressure from relatives and friends I am getting distracts me a lot. They are always like “Businesses are not meant for people like us, get a job and start earning instantly”. How can I deal with it cuz these things somehow demotivates me. :/

3. Home to Office: What things I should keep in mind while shifting my work from home to office. I am quite familiar with the legal formalities and Acts now but what’s bugging me is that how to give salaries/PF/ESI etc. Basically how to manage accounts. Plus is there’s anything else I should keep in mind which you guys faced while starting your business?

Waiting for your valuable feedback.

Thanks and Regards,

Sauravjit Singh