in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
👋Making our GPT "Public" from "Anyone with link" after reaching 1k+ conversation.
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StartupIndia Recognition
Tax Exemption
Business Registration
Brand Protection
And much more
Get Premium Customer Experience Club at Affordable Pricing with @LegalSuvidha
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✈️ LUT in GST for Exporters: Key Insights ✈️
Exporters, did you know that a Letter of Undertaking (LUT) under GST isn't just a formality but a gateway to tax-efficient exporting in India? LUT allows you to export goods/services without paying taxes upfront, offering later refunds. Yet, to fully benefit, you must adhere to specific conditions:
📝 SEZ Sales: Only exports to SEZs for authorized operations qualify for zero-rated supply. Ensure your invoices get the right endorsements, or you might face disallowance.
🌏 Exporting Services: For zero-rated status, prove your services are used outside India, with payments received in foreign currency. Be prepared to present the FIRC/BRC from banks, which can be tricky with traditional banking.
📦 Goods Exports: Timeliness is crucial; export goods within 90 days of invoicing or pay taxes. Use the shipping bill to declare and manage tax liabilities, optimizing your cash flow.
Act now: Apply for the LUT for 2024-25 to start your zero-rated sales journey from April 1, 2024. Stay compliant and cash-flow savvy!
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👋 Welcome to Day 1 of our 90 - day series!
Today, we're diving into an exciting opportunity: launching your very own Cloud Kitchen right from your home with minimal investment.
Step 1: Crafting Your Menu 📋
Let's begin by curating a menu that showcases your culinary talents. Keep it simple yet tantalizing to captivate your future customers.
Step 2: Setting Prices That Work 💰
Start with competitive prices that attract customers while ensuring profitability. This strategy allows people to indulge in your dishes without straining their wallets.
Step 3: Giving Your Business a Unique Identity 🏷️
Select a memorable name for your Cloud Kitchen—it's your chance to leave a lasting impression! Choose something catchy that reflects your brand's personality.
Remember to trademark your brand name for personalized ownership.
Step 4: Choosing Your Channels 📲
Decide where you'll showcase your delectable creations—whether it's via delivery apps like Swiggy and Zomato, direct sales, or on social media platforms such as Facebook and Instagram.
Explore diverse avenues to reach a wide audience of hungry customers!
Step 5: Putting Your Plans into Action 🚀
Once you've outlined your channels, it's time to execute your strategy. Whether it's enhancing your online presence or forging partnerships, meticulous planning is crucial for success.
Key Steps for a Successful Start:
1.Develop an irresistible menu.
2.Obtain necessary licenses such as FSSAI, MSME, and GST if required.
3.Collaborate with delivery platforms like Swiggy and Zomato.
4.Engage with local customers through offline channels.
As orders start rolling in, consider expanding your reach by establishing a website for your Cloud Kitchen. This opens avenues for growth and showcases your offerings to a broader audience.
Empowering Houseworking Ladies 👩🍳
Cloud Kitchen presents a golden opportunity for houseworking ladies with culinary skills and passion. It enables them to become independent entrepreneurs, managing their business from the comfort of their own kitchens.
Are you ready to embark on this flavorful journey? Share your thoughts below and get attached with our experts, and let's turn your Cloud Kitchen dreams into reality! 🌟
#CloudKitchen #StartupJourney #Entrepreneurship #HomeBusiness
Check full post here: www.linkedin.com/posts/mayankwadhera_cloud-kitchen…
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Learn USA Taxation System in Hindi : Initiative by Mayank Wadhera, (CA CS CWA L.LB M.Com) Founder CA4CPA.com
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The Power of Partnership: Why Two Directors are Essential for Startups
In the world of entrepreneurship, the formation of a private limited company is a popular choice for many startups. One key requirement is to have a minimum of two directors. Here are the top reasons why having two directors is not only mandatory but also advantageous for startups.
1. Complementary Skillsets: Startups often require a broad range of skills to successfully navigate the early stages. By having two directors, your startup can benefit from their diverse expertise, enhancing decision-making and fostering innovation.
2. Shared Responsibilities: Managing a startup can be overwhelming. Two directors allow for a more balanced distribution of responsibilities, reducing the pressure on a single person and ensuring that all crucial aspects of the business are well-managed.
3. Network Expansion: Directors with different backgrounds and experiences bring their own networks to the table. This helps in creating valuable connections for your startup, fostering opportunities for collaboration and business growth.
4. Improved Investor Appeal: Investors often look for diverse teams with a strong balance of skills. Having two directors sends a message of professionalism and stability, making your startup more attractive to potential investors.
5. Business Continuity: With two directors at the helm, the startup is less vulnerable to disruptions. In case one director is unavailable, the other can step in and keep the business running smoothly.
Here's a story of two entrepreneurs with different skillsets coming together for a common goal:
The Dynamic Duo: Pathaan and Tiger, met at a startup incubator. Pathaan, a creative genius with a flair for marketing, had a background in design. Tiger, a tech-savvy engineer, was a master at developing cutting-edge software solutions.
Despite their differences, they shared a common vision: to revolutionize the way people interact with technology. Combining their skills, Pathaan and Tiger co-founded a startup that aimed to create a groundbreaking virtual reality platform.
As co-directors, they complemented each other perfectly. Pathaan's marketing expertise helped them create a strong brand identity and effectively reach their target audience, while Tiger's technical knowledge ensured that their product was innovative and robust.
Their combined efforts attracted the attention of investors, who were impressed by the startup's dynamic leadership and potential for growth. With the support of these investors, Pathaan and Tiger's startup rapidly expanded, making waves in the tech industry.
The success of Pathaan and Tiger's partnership highlights the immense benefits of having two directors in a startup. By uniting their diverse skills and expertise, they were able to create a thriving business that positively impacted the lives of millions.
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Want to learn about any legal or compliance requirements for a person to start his business or to run a business?
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