When it comes to starting an e-commerce business, the task may seem to be tough. However, if the right steps are involved, then, the journey of business inception will become smooth. Here’s a quick guide that will help you in moving forwards to start with e-commerce business steadily. The initial stage of attracting customers after conducting research about the profitable setup, everything has been summed up here
Conduct quick research
It is ideal to research about market trends and what exactly are requirements of the industry at present. At an initial stage, you need to decide the items to be sold and which stuff will be stocked easily. Besides, business models available online and potential avenues should be explored:
Warehouse or wholesale shopping model: This model is based on upfront investment, yet, it offers bigger returns if the business gets executed as per the plan.
Dropshipping model: If you have adequate space for business and want to yield better returns without investing much, then, this model of e commerce is ideal for you
Manufacturing and white labeling: This business model is centered on selling the product idea under own brand.
Subscriptions: This business model is aimed at reaching out to subscribers timely and selling them the goods they require.
How To Register Ecommerce Business Online?
Keeping the objectives of business plan cleared while searching for funding and setup sources are among the baby steps which lead to the smooth E-commerce company registration in Delhi. After you are familiar with the goal of ecommerce business, the permission to run operations need to be obtained. This is where you need to register online business, wherein, the public or private company has to be chosen from. According to Companies Act, 1956, all the entities which need to operate as a company should register their business under this Act.
For startups, by obtaining sole proprietorship, the business owners can start a company as it demands legal compliance and can be handled with ease. In addition, the legal matters can be dealt with smoothly. Therefore, your brand or company will remain as single entity. The business with proprietary ownership can be operated from home and additional registration process is not required. Nevertheless, when the business attains profits and is planning for expansion prospects, setting up physical or commercial store is advisable. According to Shops and Establishment Act of 1965, it is a must for businesses to register the company by getting in touch with local municipal corporation.
Ecommerce company registration in Delhi: Process explained
In order to complete the registration under sole proprietorship, following documents need to be submitted:
- Registration form
- Fee schedule
- Undertaking
By finding the local municipal corporation, these documents need to be submitted so that, business operations can run without any interruption. You should remember that no additional cost is required to establish sole proprietorship business. However, while opening a current account in the name of business, you should submit address proof or submit a rent agreement for e-commerce company registration in Delhi.
In order to register the company further in an official manner, company’s name, office address and other essential details to proceed with business should be incorporated in the forms. These forms include:
- Form 1
- Form 18
- Form 32
If you think the above steps of e-commerce company registration are complicated or time-consuming, then, hire the advanced and professional company registration services by hiring the top MLM company. In short, the whole idea is to register a company for handling its processes without any legal interruption. Alternatively, you can seek the assistance of direct marketing consultants to get your business registration queries addressed.
