Business Centres Category: Starting A Business

The odds of success as a startup or new small business are low enough as it is. Only half are still in business after five years, and 70-80% will be history within 10 years. If you’re a female-owned startup, then the numbers are even more dismal. What can you do to even these odds? You can start by doing all…

Evoma has commercial business centers where you can get office space for rent in Bangalore. But startups, especially entrepreneurs with an idea or early stage venture, will go towards facilities, services and technical assistance that they need. Grow your Startup at Evoma Call now: 08041903000 or inquiries@www.evoma.com

Food delivery startups are the “in” thing these days, and Evoma happens to be a hospitality company with an established daily meal delivery and catering business in Bangalore.   We also have hundreds of startup founders and their employees having buffet lunch downstairs everyday here at Evoma OMR. In…

We have 4 business centers in Bangalore, each with hundreds of offices. Each of these offices is filled with office furniture. Then there’s the meeting rooms, board rooms, coworking spaces, and other business center facilities, also filled with furniture. The point is that we know how good office furniture can make your work space speak – on behalf of CEOs…

We work with startups of all stripes and verticals, helping them with everything from mentorship to funding, business support services, and marketing and sales. One of the things that we do is to help analyze and profile our customer’s customers. We’ve found, from experience, that growing startups bump into some…

Let me start by saying that you don’t need to learn how to create a marketing budget, because I’m going to give you free downloadable templates for it. Download, modify to include only the costs incurred by your marketing campaigns, and we’re all done. So what are we going to talk…

All startups are experiments in the first place, without any certainty of what’s going to happen. What is the business model? Is there a proof of concept or minimum viable product? Do you have a prototype, a plan for commercialisation? Is there a market for your product or solution? Do you have, or plan to raise, enough…

The business mentors and financial industry experts we work with keep telling us that entrepreneurs and business owners should not spend any of the funds they raise while they’re still in the initial stages of starting a business. On the other hand, the experts also say that you should apply for loans when you…

Both startup founders and small business owners go through the same new business setup and growth curve in terms of investment and lack of a corporate structure. But their funding mechanisms are completely different, their route from idea to commercial operations is different, and their customer base is typically not the same either. 

MSME is an acronym for Micro, Small and Medium Enterprises. MSMEs are basically small-sized businesses defined in terms of their investment. 40% of India’s gross industrial output is contributed by MSME. 45% of India’s total export is from MSME. India’s second largest Employer after Agriculture.

If you have a checklist of things you need as a startup founder, one of the top 5 would be mentorship. A mentor may provide material support, but their real value lies in the guidance and experience that they bring to the table. You may have a mentor in the family…

We have a lot of posts on all the good things about coworking and it’s benefits for startups and others who want to run a lean operation without any non-essential overheads. But the hard truth is that a large number of the startups located at our centres in Bangalore don’t want to give up their office and become coworkers. In…

A few years back in time, company registration would have been a tall order for anyone. But since the Government has centralised the registration process at their new center in Manesar (near Gurgaon), you can now register your company far more easily and within a short timespan. Before, the catch was in the name approval process….

Let’s start by tackling the incorporation part of how to start a software company in India. The Ministry of Corporate Affairs, Govt. of India, has taken large steps toward simplifying the incorporation process. One step in that direction is the introduction of…

Access to funding is one of the key challenge faced by startups. With no collaterals to produce or existing cash flow to show, many startups fail to get loans and are forced to stretch their existing funds to stay operational. Investors therefore view startups as a high…

Deciding on the right place to set up your startup space can be quite challenging. It is a big decision to make, because if you are not planning for your garage or basement to be your launch pad, then the cost of setting up an office will…

What is the rate here? This is a question that we hear a lot from business owners and startup founders who are looking for office space in a specific area in Bangalore. Since we provide serviced offices, we need to know the answer and…

If you going to apply for a business loan, you will first need to get all the documents required ready before you even approach a bank, non-banking finance companies (NBFCs) or other lenders. Regardless of which lender you go to, most of the documents required for business loan are going to be…

You can call it networking or meetups. But deep down, startup founders, like any other species, just want to be part of the herd. Well, first you want to be part of the herd, and then you want to be the alpha -…

Since you have landed on this page, I assume you are interested in getting an address for business registration. To be specific, you want the address without the physical space. Before I tell you how, please take a minute to read the section below that explains what the Indian…

One person company (OPC) is a new business structure introduced in India by the Companies Act, 2013 . Registering as an OPC serves as a vehicle to provide sole proprietors and entrepreneurs access to the advantages and unlimited business expansion possibilities of corporate entities.  

The world of freelancers and freelancing is growing huge and powerful. This self-motivated pool of entrepreneurs and professionals in the workforce has managed to successfully shed negative perceptions. Freelancing is now considered as a hip and cool career option for trendy millennials, and that’s why it’s now progressing to the next level. An increasing number of freelancers…

A Limited Liability Partnership (LLP) is a business structure that offers the partners corporate protections against liability, while still allowing them the freedom and flexibility to manage the business on the basis of personal agreements between the partners. Want flexible office space for business? Get an Office at Evoma. Call 080 41903000 Unlike…

There is no government registration needed in order to start a sole proprietorship business in India. You don’t have to go to an online registration portal and fill up a form or submit any documents. However, you do need to open a current account with a bank in the name of the business.

One of the things that many people neglect after starting a business is to file applications for patents, trademarks, copyrights and other intellectual property rights. These are your intangible but most important and valuable assets. Did you know that around 1.45 lakh patent applications have been filed in India over the last four years? But only 27%…

Entrepreneurship plays an influential role in the economic growth and standard of living of the country. As a startup founder or small business owner, you may think that you are simply working hard to build your own business and provide for yourself and your family. But you are actually doing a whole lot more for your local…

If you are here to find out how to get TIN number, chances are that you tried to register to sell your products online on Amazon, Snapdeal, Flipkart or any other online retail ecommerce portal in India, and they told you to get a TIN number first.  

Nearly 50% of new businesses fail to survive past the five-year point, and 90% will be gone after 10 years. If you’re wondering why the failure rate is so high, the top five reasons for business failure include three that are related to finance. One of them is failure to track your finances, the second one is…

Over 90% of the over 98,000 businesses that are launched in India every year end up as a failure. That’s quite normal by global standards, but the main reason for a large number of these failures is working capital. To be specific, a major reason for failure is the lack of working capital for business. The good…

What is Coworking Space? Co-working spaces in Bangalore are like a time-share plan for business centres and office complexes. The idea is to lease the same office infrastructure and resources to different members as and when they need it, for short periods such as…

The startups scene in India is now red hot, as evidenced by a NASSCOM report which reveals that the funding pouring into this segment has increased to $4.9 billion last year. This is 125% more compared to $2.2 billion the year before that, and also higher than the cumulative…

Benefits of MSME Registration What are MSME Enterprises? According to the provisions of Micro, Small & Medium Enterprises Development (MSMED)Act 2006, the Micro, Small and Medium Enterprises ( MSME) are categorized in both Manufacturing and Service as Micro Small Medium Manufacturing Enterprises The investment on plant and machinery is Upto Rupees 25 Lakhs More than Rupees 25 Lakhs to…

10-Step Tutorial for Starting an Online Business Anyone with an Internet connection and a keyboard can start an online business today in five minutes, with zero investment. But while the entry barrier of starting an online business is virtually nonexistent, the barriers to growth and success are significantly higher.

How to Write a Business Plan From childhood we have been taught to have a plan for everything we do in life. Why is planning so essential? According to the a plan is a “Written account of intended future course of action aimed at…

How to Conduct Market Research for Your New Business What is Market Research? Market research is gathering of information regarding the needs and wants of customers and putting it together for better understanding of the business. Conducting Market research is necessary to all  business organisations. It helps with providing valuable…

How to Start a Startup So you want to start a business!  Once you get over the initial excitement, now It’s time to break down the process of launching your startup. Not to worry. I’ve broken down this startup checklist into the primary tasks you need to do now, and those that you can…