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
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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
Jan 26
lack of planning leading or ending up with this issue. There should be provision for all such expenses. more
Jan 26
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, email-misra_prasanta@yahoo.com, mobile-9312201192 more
Jan 26
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
Jan 25
