Why patience is the biggest virtue for owners of new company registration

Starting a new company registration is a hidden dream of almost every professional. After all who does not wants to be his own boss. Very few people have the courage to take this plunge and register their own Private Limited Company Registration to start their business registration. Unfortunately among the entrepreneurs who actually start their business registration, very few people are able to take their new company registration to next level. If courage is required to start the new company registration, patience is the main virtue which is required to ensure the success of the Private Limited Company Registration.

We have always maintained the co-founder of a new Private Limited Company can do without any skill set but they cannot do without patience. Any new Pvt Ltd Company Registration takes 18 to 24 months to be on its own and the onus is on founder of new company registration to ensure that the morale of each and every member of new Private Limited Company Registration running high for 2 years.

When you start a new Pvt Ltd Company Registration, first 3 months are spend in admin work such as registration of Pvt Ltd Company, office space hiring, obtaining applicable licenses such as FSSAI, MSME Registration, Getting GST Registration if applicable, making website live.

We have always maintained the co-founder of a new Private Limited Company can do without any skill set but they cannot do without patience.

When you start a new Pvt Ltd Company Registration, first 3 months are spend in admin work such as registration of Pvt Ltd Company, office space hiring, obtaining applicable licenses such as FSSAI, MSME Registration, Getting GST Registration if applicable, making website live.

Next 3 to 6 months are spent in hiring talents, hiring accounting services provider and start focusing on sales.

6 to 12 months in a life cycle of a Pvt Ltd Company Registration are spent focusing on increasing sales, setting up operations process and expanding sales channel.

What is the GSTN (Goods and Service Tax Network)?