Establishment of Startups (KEY IJP************316)

• Hatim Shabbir Merchant

Abstract

The goals of a startup are to be your own boss and give others employment that requires a lot of perseverance and sacrifice. Many people dream of starting and running their own business at some point in their lives. For many people, creating a product or service that customers enjoy or use is a very satisfying sense of accomplishment. The idea behind the company, market size, sales and profit goals are some of the important factors that need to be clearly defined before starting the journey. Starting a business takes more than an idea. It takes certain types of people and the right planning. It takes money and hard work. This research paper discusses how a person wants to start a business and some issues and challenges faced by an Indian startup. This research will further describe the things that are fundamental to starting your own business.