{"id":483,"date":"2019-07-03T13:26:11","date_gmt":"2019-07-03T07:56:11","guid":{"rendered":"https:\/\/www.techandtrain.com\/blog\/?p=483"},"modified":"2025-10-22T14:54:59","modified_gmt":"2025-10-22T09:24:59","slug":"list-of-things-needed-to-create-a-startup-in-india-in-it-products-services-area-part-2","status":"publish","type":"post","link":"https:\/\/www.techandtrain.com\/blog\/2019\/07\/list-of-things-needed-to-create-a-startup-in-india-in-it-products-services-area-part-2\/","title":{"rendered":"List of things needed to create a startup in India in IT products \/ services area – Part 2"},"content":{"rendered":"\n

Many students in management and other advanced courses struggle with details on how to start their entrepreneurial journey. Questions around cost, process, steps, office, digital \/ software items needed, etc. keep them confused and away from taking the first step. In that series, I had posted a blog \/ article in the past: https:\/\/www.linkedin.com\/pulse\/how-build-lean-startup-tier-2-3-cities-india-part-1-neil-harwani\/<\/a><\/p>\n\n\n\n

Further to above, find below a detailed list for what is needed for a mid sized company \/ startup of 20 to 100 employees to start working:<\/p>\n\n\n\n

  1. Professional email & website<\/li>
  2. Target market, target customer, target offerings, target geography, target method of sales details among other things<\/li>
  3. Details of idea & product \/ services, pitch and marketing information decks<\/li>
  4. Udyog Aadhaar registration<\/li>
  5. PAN, TAN & GST registration depending on your business size<\/li>
  6. Lawyer and CA for company formation, tax filing and yearly audit certification<\/li>
  7. Startup registration with Government of India<\/li>
  8. Bank account to disburse salary and maintain operations<\/li>
  9. EPF registration in specific cases<\/li>
  10. Medical, life & travel insurance subscription depending on need and compliance<\/li>
  11. Online storage from Google, Microsoft OR Apple<\/li>
  12. Software for accounting, managing docs, intranet, etc.<\/li>
  13. Membership of meetups, incubators, etc. that help startups<\/li>
  14. LinkedIn premium, good smartphone, Facebook \/ Twitter \/ LinkedIn pages<\/li>
  15. Desktops & laptops which could be on Ubuntu Linux or Windows or Mac<\/li>
  16. Co-Founders and focus \/ advisory groups, mentors<\/li>
  17. Trademark filing and intellectual property rights management<\/li>
  18. Funding clarity: boot strapped or funded or mixed<\/li>
  19. List of angel investors, incubators, venture capitalists, government agencies, banks, crowd funding platforms who could fund the business<\/li>
  20. Operating space: Digital or physical or mixed location business<\/li>
  21. Network of related entrepreneurs & customers who could potentially support your journey<\/li>
  22. Sample contracts for employees, contractors, consultants, customers, vendors, suppliers, sales, etc.<\/li>
  23. Templates for internal documents<\/li>
  24. Leave management, employee management portal & cyber security software<\/li>
  25. Target quality and other certifications like ISO \/ CMMI, etc.<\/li>
  26. Admin, HR & Finance staff<\/li><\/ol>\n\n\n\n

    Hope this helps the students community in understanding what to expect in terms of starting the journey of business.<\/p>\n\n\n\n

    Email me: neil@TechAndTrain.com<\/p>\n","protected":false},"excerpt":{"rendered":"

    Many students in management and other advanced courses struggle with details on how to start their entrepreneurial journey. Questions around […]<\/p>\n","protected":false},"author":2,"featured_media":484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[54],"tags":[98],"class_list":["post-483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup","tag-entrepreneurship"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.techandtrain.com\/blog\/wp-content\/uploads\/2019\/07\/Enterprenourship.jpg?fit=960%2C637&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7do02-7N","jetpack-related-posts":[{"id":185,"url":"https:\/\/www.techandtrain.com\/blog\/2018\/05\/how-to-build-a-lean-startup-in-tier-2-3-cities-in-india-part-1\/","url_meta":{"origin":483,"position":0},"title":"How to build a lean startup in a Tier 2 or 3 city in India ? 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