Starting a Home Based Internet Business – So What Does it Cost to Launch Your Own?

The Cost To Launch A Homed Based Internet Business.

The reality is that you really can start a home based internet business for almost no money. Before you decide if you want to spend anything, you can learn just about everything you need for free. All of the information you need to get started and get familiar with this home based internet business is available, “For Free” you only have to search the Internet.

If you want to take it slow or if you want to invest more for an aggressive start, then after doing your research and deciding your budget, you can make the choice. Some of the fixed costs include web hosting at $10-$15 per month and most of these hosting services include free web page services. Other services are optional. Whatever you decide to do, these start-up costs are minimal.

Another great free resource is the information that will be provided to you by your chosen affiliate marketing partners. These vary of course, but choose to start with one that is very helpful to beginners (newbie’s). And even better than that, there are also a numerous blog sites which offer free services for your home based internet business as well. The amount of free service available to assist you is remarkable. Yes there are pay services that do the same things, but usually you can find a free service that does the same thing. Just take your time and once again do your research.

Your time will be your largest investment.

Set aside the time and keep in mind your main goal is “to make money from home” with your home based internet business, and you can do it. I highly suggest selecting one source you feel comfortable using and then learn all you can from them. Let me tell you from my experience, that when are just starting out, if you try to learn from many different sources, it will be overwhelming. Even though they all say they have something unique, the basics are just that, the basics. So keep it simple.

Start at a realistic pace, get familiar with the workings of what will be necessary, and then get going. It really is simple if you take it step by step. Take it easy in the beginning. This information can be overwhelming at first. Remember this is a business, so take notes. Set aside time to study and employ some self discipline. You will want your notes organized and to review them occasionally. You will be taking in a lot of information about your new home based internet business that will probably be totally new to you, so it is easy to forget what you have learned. The good news is that if you break it all down into sections, which is how it will be presented, it is not all that difficult to understand and master.

Bottom line: Can you start for “no money”? YES.

And when you are ready to invest some money in your service providers, you should have the knowledge to start marketing whatever product or service you have selected and soon be generating much more than your costs. You want your home based internet business to be successful.

I’m not talking about starting this as a hobby. The objective is to make money, lots of money. If you are not successful selling the products of your chosen affiliate marketing partners, they are not successful either. Your affiliate partners want and “need” you to be successful.

Procedure To Register Section 8 Company In India

The section-8 company works only for social welfare without earning any profit. The main objective is to promote & development of society, protection of the earth, living creatures, environment and also promote education, arts, science, commerce, literature, etc. It is registered under companies act either as a private limited company or public limited company as required but there is no need to mention “private limited” or “limited” at the end of the name. It has all the features like private limited or public limited company Minimum of 2 people are required if it is started as a private limited company and 7 if it is started as a public limited company. There is no need to have any minimum capital amount to start section 8 company registration, it can be started with Rs. 100/- capital as well. The government will grant the license for social activity at the time of issuance of the certificate of incorporation which is valid until it is surrendered or revoked by the government itself. The registration is valid for the lifetime but to maintain the active status the company has to do annual compliances every year it includes ROC filing, ITR, KYC, preparation of balance sheet, profit & loss a/c, conducting board meeting and general meetings etc. if the company fails to do these compliances, then there is penalty provision which the company and directors have to face.

Documents Required For Section 8 company Registration:

Shareholder/ Director

PAN
Aadhar card
Id proof (driving license/ passport/ voter id); anyone
Address proof (electricity bill/ mobile bill/ telephone bill/ bank statement); anyone
Registered office address proof

Sale deed or house tax receipt if owned and rent agreement if rented
Utility bill (electricity bill/ mobile bill/ telephone bill/ gas bill); anyone
NOC from the person whose name is mentioned in the bill
NOTE: The address proof as mentioned above should be latest and not be older than 2 months.

Procedure to register the section-8 company:

Name Reservation: The name is a very important part of every company and it should be unique and reserved by the government as well. The section-8 company is exempted from using the word “private limited”, “Pvt Ltd”, “limited”, “ltd”, etc. at the end of their name instead of these words they can use “Foundation”, “Association”, “Organization”, etc.
Digital Signature Certificate: The Digital Signature is also known as DSC; it is equivalent to the physical signature and no forms can be filed until it is signed with the DSC. For DSC there are few verifications that the applicant has to make.
Drafting & Signing of Documents: After name approval, it is valid for 20 days only and the procedure must be completed on these days only. After the name is approved there are certain documents that shall be drafted and signed by the directors and shareholders of the company.
Submission of Final Form: After preparation of all documents as well as DSC then the only final form needs to file to the government along with all relevant and required documents and information. And if the registrar is satisfied with all the information and documents then they will issue Certificate of Incorporation, License, PAN, TAN, and DIN of the directors.

Commercial Loans – Take All Aspects In Consideration

As the saying goes, taking a loan is easier than surviving with it. A shrewd businessman is one who borrow but with an eye to repay it as soon as possible. Sometimes, business requirements arise because you get a new business order hat is hard to manage within your own business funds. You obviously cannot afford to lose big business opportunity only because the funds are not there.

These and other similar situations force you to take help of external sources of financing. These sources may be temporary or permanent, depending on the nature of funding. Large body corporate often have huge financial needs, and therefore, they resort to public financing by inviting deposits or going for a ‘rights issue’ meant for the existing shareholders. On the other hand, a new business concern or sole proprietorship undertaking would obviously not be able to take benefit of that sort – neither are these meant for them.

Before applying for commercial loans, first of all decide the type of debt financing that your business firm will be comfortably able to get. If you do not own any property in the name of firm, secured commercial business loans are out of question. You will have to rely on loans that do not require any security. These loans will offer you a limited amount – upto £25,000. The interest rate is likely to be little more than what you can get by pledging some property. The amount of loan that you can qualify for can be increased by involving some property in the loan transaction.