Starting a business involves consideration of various factors such as type of organization to be set up, how & where to be set-up, registrations & approvals required, activities to be undertaken post set -up etc.
Licenses and permits are mandatory, and before you can legally begin to operate your business, you need to have all its licenses and permits in place. Common licenses and permits,that a business may need include Service Tax Registration, Tan Registration, Vat Registration etc.
Compliance becomes a part of the overall business strategy to carry out the operations smoothly, no matter how big or small. It will ensure that a company can uphold a positive image and build consumer trust and also avoid the legal consequences.
Restructuring is a procedure in which a business changes the strategy or direction of its organization. It may involve change in the place of business, increase in capital, change in objects or mere change in the constitution etc.
Your business is important for you and therefore the decision to close the same is difficult too. Closing of any organisation involves various factors like whether it should be sold or closed away.