Start-up Expenditure

There are lots of reports of famous startups currently running in loss because of unforeseen miscellaneous expenses that comes later in their business cycle. Is there anyway to tackle this issue? As big startups can get investments but small ones end up loosing investors. more  

View all 20 comments Below 20 comments
No man when you are going to start a busyness then first of all you need full technics and well knowledge of that project so there is no reason of losses but when besides this you are getting money to start a project without having previous experiences then you have to loose So dear experience and technics should be there unless more  
lack of planning leading or ending up with this issue. There should be provision for all such expenses. more  
Generally startups are based on optimistic market estimate.For a successful venture all scenario including worst possibilities need be incorporated to get a realistic assessment of fund requirement under worst situations.For getting further detais and for consulting me you can contact me at: Prasanta Misra,BTech(Hons)IITKgp,PMA,IIM,Ahmedabad, Consultant,Natural Resources Management,, mobile-9312201192 more  
Get a proper Techno-economic Feasibility Report made from a good consultant of the field. It will help you in many registrations, loans, litigation (if arises) and substantially reduce miscellaneous unforeseen expenses and liabilities. Keep proper trained, experienced, skilled and well verified honest manpower at salary marginally higher than industry standard, so that they do not indulge in unethical practices, commit serious mistakes in selection of proper manpower, equipment, machinery, raw materials, operations etc. leading to overrun, do not switch over from you after initial leaning and experience, when their actual delivery period start and making you spend more on recruitment. more  
For Indian start up, all expenses are actuals and all revenues are estimates. more  
Post a Comment

Related Posts

    • Google is a pathetic company

      Google India hiked the rate of business mail by 350 %. With fear of recession looming and when msme are struggling this is not the right thing to do. It will cost msme sector 5000 crore per year...

      By Vishal Khanna
    • GST filing

      Still GST system is not 100 % user/official friendly. there are news that so much money (in lacs) collected by fraudulent GST bills. I am a GST registered vendor. The company turn over is almo...

      By Subramanian Venkataraman
    • Taxation Issues faced by Startups: Inputs Sought

      Many of you know how LocalCircles had worked with the Government in 2019 on resolution of angel tax issues under Section 56 (2)(viib) of the Income Tax act. Once again, the Government h...

      By LocalCircles Manager
    • Why no penalty an dprosecution for govt

      Now our IT portal has become sick being suffering babu virus or extortion virus. McA site never works on last days and people have to pay penalties for mistakes of govt. Now professionals are wasti...

    • Income Tax Return Filing Portal

      What about income tax return filing date? Any extension thereof? As of today, I am not able to file the return . Has any one else file the income tax return? Has Portal issue been solved? I have al...

      By Hasmukh Sangani
    • Grass root experience

      I have been doing and promoting small business for the last 30 years. The real problem is that the ministers and their secretaries don't have practical experience and they look for 5 trillion dolla...

    • Why do Ministers refrain from engaging with businesses

      I find it quite interesting that the ministers want to deal only with tata adani ambani and not the real msme and startups. Why is the msme minister (appointed this week Narayan Rane) his secretary...

      By Aditi Mitra
    • Why such mismanagement

      FICCI the industry association has written to Centre saying most of 40000 ventilators manufactured under PM Cares Fund last year are lying unused at government facilities. Mainly due to negligence ...

      By Sudesh Rai
    • Word of caution to Indian small entrepreneurs

      Friends this is Aditya from New Jersey. A friend of mine from Brazil recently lost 3 members of his family back home to Covid. The P1 variant is most dangerous of all and is now invading neighbors ...

      By Aditya Sharma
    • simplifying procedures for easy business

      none of the administrators who are lucky to get into govt seats have practical field experience and they are not aware of the strains of small entrepreneurs. They always imagine that any entrepren...

      By Subramanian Venkataraman
    • Some Traders evading gst

      I agree with the other post. Traders have a strike today against GST. Many traders basically are still selling supplies in cash and then sell the bill later to some other entity for a pr...

      By SN Mittal
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)