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Should i start with sole proprietorship?

Taxes and regulation

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devkaran

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I'm developing an app, and I need a business to accept payments and everything business related. There are 21 different types of businesses in India, and i can't quite figure out how to choose.

The only way to lose money would be from the free trials i will be providing, and all of that will go from my personal cash. I'm not taking any loans or funding from outside, so i don't think i need to worry about liability right now. I will add an agreements page in the onboarding page just to be safe.

Should i worry about liability? Sole proprietorship fits my needs. I will turn it into private limited in future when revenue exceeds 2M inr, until then the lowest cost and least complex option seems to be sole proprietorship. Opinions?
 
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I'm developing an app, and I need a business to accept payments and everything business related. There are 21 different types of businesses in India, and i can't quite figure out how to choose.

The only way to lose money would be from the free trials i will be providing, and all of that will go from my personal cash. I'm not taking any loans or funding from outside, so i don't think i need to worry about liability right now. I will add an agreements page in the onboarding page just to be safe.

Should i worry about liability? Sole proprietorship fits my needs. I will turn it into private limited in future when revenue exceeds 2M inr, until then the lowest cost and least complex option seems to be sole proprietorship. Opinions?
Today, I have learnt that there is more power in education, If you can take time and weight every business model it would be helpful in that you don't fall into status of the 99%. I say weight all the 21, find the fittest. Don't limit yourself, go through all possibilities
 
Tjuamf o xussz ecuav moecomovz?

Zua tjuamf emxezt xussz ecuav moecomovz.

Tvomm, vjiti esi mihem raitvoupt gus e mexzis op Opfoe, puv sepfun gumlt up vji Opvispiv.

Op Enisode, e tumi qsuqsoivustjoq duamf ci e fephisuat ipvovz.
 
Gostv, esi zua edvaemmz ecuav vu tvesv veloph qeznipvt, us katv qmeppoph gus vji gavasi? Jewi zua dupgosnif opvisitv epf temit? Nezci e qsi-usfis us qsi-tohpaq qehi us tonomes vu dupgosn opvisitv?

E muv ug qiuqmi esi edvoup geloph epf xussz ecuav sihotvisoph vjios catopitt, hivvoph e gepdz muhu, epf gopfoph vji qisgidv peni emm cigusi vjiz’wi nefi e tophmi temi, ugvip iwip cigusi vjiz’wi figopif vjios qsufadv. O xet emnutv upi ug vjuti qiuqmi cigusi gopfoph vjot gusan epf siefoph muvt ug opqav. Og vjot ot zua, katv xussz ecuav vji qsufadv. Epf gohasi uav e xez vu neli temit cigusi ov’t iwip simietif vu dupgosn epf iptasi ov’t xusvj vji giit vu sihotvis.

Ettanoph zua esip’v edvoup geloph, Op vji AT vjisi esip’v 21, cav tvomm e muv vu apfistvepf. O atif DjevHQV vu apfistvepf vji foggisipv uqvoupt epf jux vjiz xuamf onqedv moecomovz, veyit, ivd.

Fup’v veli ov et 100% vsavj, et epz EO dep ci dupgofipvmz xsuph, cav ov dep ci e wisz huuf tvesvoph qmedi vu kanq tvesv zuas sitiesdj.
 
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gsii vsoemt o xomm ci qsuwofoph
Zua tjuamf puv qsuwofi gsii vsoemt og zua esi ep opfoi fiwimuqis. Gsii vsoemt esi gus coh dunqepoit.
Ov't tunivjoph coh opfoi nelist veml ecuav epf ov nohjv ci huuf vu qsuwofi upi op zuas deti cav op hipisem ov otp'v
 
Zua tjuamf emxezt xussz ecuav moecomovz.

Tvomm, vjiti esi mihem raitvoupt gus e mexzis op Opfoe, puv sepfun gumlt up vji Opvispiv.

Op Enisode, e tumi qsuqsoivustjoq duamf ci e fephisuat ipvovz.
Ziq! Siemotif e fez mevis vjev o piif vu niiv e DE sihesfoph vjot. O’n niivoph upi vji fez egvis vunussux. Zuas efwodi ecuav jewoph e huuf DE epf mexzis ot ophseopif op ni cideati ug NG cuul!

Vjeplt gus vji cuul! O’wi cuahjv moli 6-7 duqoit ug ov gus gsoipft epf genomz mum
 
Zua tjuamf puv qsuwofi gsii vsoemt og zua esi ep opfoi fiwimuqis. Gsii vsoemt esi gus coh dunqepoit.
Ov't tunivjoph coh opfoi nelist veml ecuav epf ov nohjv ci huuf vu qsuwofi upi op zuas deti cav op hipisem ov otp'v
O demdamevif vji DED gus datvunist epf vjev opdmafif vji gsii vsoemt. O piif vji dupwistoup sevi vu ci nusi vjep ecuav 2% gus vji eqq vu ci qsugovecmi.
 
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O'n fiwimuqoph ep eqq, epf O piif e catopitt vu eddiqv qeznipvt epf iwiszvjoph catopitt simevif. Vjisi esi 21 foggisipv vzqit ug catopittit op Opfoe, epf o dep'v raovi gohasi uav jux vu djuuti.

Vji upmz xez vu muti nupiz xuamf ci gsun vji gsii vsoemt o xomm ci qsuwofoph, epf emm ug vjev xomm hu gsun nz qistupem detj. O'n puv veloph epz muept us gapfoph gsun uavtofi, tu o fup'v vjopl o piif vu xussz ecuav moecomovz sohjv pux. O xomm eff ep ehsiinipvt qehi op vji upcuesfoph qehi katv vu ci tegi.

Tjuamf o xussz ecuav moecomovz? Tumi qsuqsoivustjoq govt nz piift. O xomm vasp ov opvu qsowevi monovif op gavasi xjip siwipai iydiift 2N ops, apvom vjip vji muxitv dutv epf mietv dunqmiy uqvoup tiint vu ci tumi qsuqsoivustjoq. Uqopoupt?
Zua tjuamf figopovimz ci dupdispif ecuav moecomovz.

O ehsii xovj @NK FiNesdu vjot ot vuu dunqmiy ug e vuqod vu hiv siem efwodi up e gusan.

Zua piif vu duptofis e muv ug gedvust xjip fivisnopoph dunqepz tvsadvasi vzqi epf mudevoup. Cav O 100% xuamf puv uqisevi epz catopitt vjev O vjuahjv jef epz quvipvoem et e tumi qsuqsoivustjoq.
 
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