Do you want to start a new business of your own? Are you frustrated about what to do and what not to? Well, here we brought eight essential tips you need to hold in your mind while starting any new business.

For a new start, it is very crucial to lessen the risks to stay in the long run in the future while maintaining steady cash flows for business operations. You can face many hindrances in the path but reducing their impact is the all-important job you have to perform. Here are some guiding principles to dress for your mission as a new entrepreneur.

A well educated Chartered Accountant can not only help one to plan their taxes and other compliances, but also at various stages of setting up business. Since he is an expert in major fields related to business like laws, finance and taxes, agreements he can be an integral part while formulating the strategies, applying for business loan, maintaining accounts, the softwares to be installed, the subsidies that one can receive, etc.

Therefore, consulting a CA while planning a start up can really be beneficial as one can get clarity on major aspects early on rather than getting trapped later. CA experts in India can help in preparing the perfect accounting structure of your company.

Let us discuss in brief a CA’s role in setting up a business