Preview

Company formation

Better Essays
Open Document
Open Document
3222 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Company formation
Prepared by Md. Ziaul hasan Faisal ID: 201111465 BBA Asian University of Bangladesh

If you want to start a new company you have to fulfill this bellow steps

Choosing a name for your business

Registered the name from RJSC (registered of Joint Stock Company)

Open a Business Bank Account

Business Premises

Marketing Plan

Make a website for your business

Business Objectives

Writing your own Business mission statement

Typical Start Up Costs

Pricing your Products and services

Selling your Business

Choosing a name for your business

When setting up a business you must think carefully about what you want to call it. You cannot simply call your business any name that appeals to you as there are rules and regulations governing both the form and the use of certain words and phrases in business names.

Well this is a difficult one as it is subjective, one persons view can be different from another - and as there are around 160 million people on the Bangladesh - there is going to be a lot of different subjective views to your business name. However in saying that it is likely that your business name is often the first point of contact between you and your customers, so it is crucial to choose the right one for your particular circumstances. Before you decide you need to realize there are certain rules you must adhere to before choosing your business name...

Your business name should:

Be unique to your business (at least in the particular area where you do business)
Include any relevant legal information (for example, limited companies must include the word 'Limited' at the end of the business name)

Your business names should not:

Use illegal or offensive words
Use restricted or prohibited words (unless proper authority has been obtained

Registered the

You May Also Find These Documents Helpful

  • Powerful Essays

    P4 & M2

    • 4018 Words
    • 17 Pages

    For this task I have been asked to describe the legal and financial aspects that will affect start-up of the business…

    • 4018 Words
    • 17 Pages
    Powerful Essays
  • Satisfactory Essays

     Sole Proprietorship  General Partnership  Limited Partnership  Corporation › S Corporation Proprietorship Business Form Selection Corporation  Restricted Obligation Security  Private Asset Security…

    • 397 Words
    • 8 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Nt1310 Unit 5 Assignment

    • 532 Words
    • 3 Pages

    A business can differentiate itself from its competitors. By adding more value to its goods or services a business can stand out among its competitors as producer providing superior or premium quality.…

    • 532 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    HRM 598 Phase 1 final

    • 927 Words
    • 4 Pages

    Start developing a description of the organization (goals, strategy, culture, values, location, environment, and product or service). (Robert)…

    • 927 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Week 6 You Decide

    • 1127 Words
    • 3 Pages

    There are so many options available as to how they can structure the new business. The appropriate business entity for any individual(s) will depend on their particular facts and circumstances.…

    • 1127 Words
    • 3 Pages
    Better Essays
  • Good Essays

    Week 6 - You Decide

    • 894 Words
    • 4 Pages

    There are so many options available as to how they can structure the new business. The appropriate business entity for any individual(s) will depend on their particular facts and circumstances.…

    • 894 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Week 6 You Decide

    • 1981 Words
    • 6 Pages

    There are so many options available as to how they can structure the new business. The appropriate business entity for any individual(s) will depend on their particular facts and circumstances.…

    • 1981 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    |Main business address |Enter your main business address. This can be your home address if you are a home-based business or your head | |…

    • 3007 Words
    • 13 Pages
    Satisfactory Essays
  • Good Essays

    Starting a business can be one of the most challenging endeavors to engage. Indentifying a need or want in a given industry, completing the pre-business research, demographics and analyses, then determining financial feasibility is only the tip of the iceberg. Choosing the right business structure will contribute to its long term success. Therefore, when selecting the appropriate business type, one must carefully consider the following: taxes, liability, administrative burdens, start-up and long term costs, legal implications, accounting, public reporting, a business partner’s agenda, the best method to reach financial goals, as well as considering the different types of financial statements associated with each form.…

    • 1677 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Business Strategy

    • 4891 Words
    • 20 Pages

    Scanning the environment, formulating a strategy and implementing it, evaluating and controlling are the main steps that make a company…

    • 4891 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    everything you need to know about starting a business, from choosing the right business structure for…

    • 5827 Words
    • 24 Pages
    Good Essays
  • Better Essays

    Business Entities Paper

    • 1119 Words
    • 4 Pages

    When starting a business it is important to choose the correct type of entity that will allow it to be successful. Upon choosing the best entity for the business there are different rules and regulations that need to be followed including issues from liability to taxation. Starting a business requires some research on licensing, state laws, and regulations. Opening a business requires choosing an entity, taking control, taxation methods, and liability issues. The most common types of business forms are sole proprietorship, partnership, corporation, and S corporation. Each type of business has its advantages and disadvantages when related to obtaining a start to a business, tax information, and liability.…

    • 1119 Words
    • 4 Pages
    Better Essays
  • Better Essays

    Legal Forms of Business

    • 1091 Words
    • 5 Pages

    In business, the first decision that is made is usually the most difficult. When making business decisions, the owner must decide what types of business organization is the best for the company. There are seven forms of business that will be discussed as well as scenarios in which each of these forms of business would be the preferred form. This paper will also justify why the corresponding business form is preferred. The forms that will be discussed are: sole proprietorship, partner, limited liability partnership, Limited Liability Company, S corporation, franchise, and corporate form.…

    • 1091 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Bounce Fitness

    • 745 Words
    • 3 Pages

    The business is operated on best business practice and complies with all legislative requirements, local by-laws and is registered with the national body.…

    • 745 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Pottery

    • 7398 Words
    • 30 Pages

    Formal registration of companies has many immediate benefits for the companies and for business owners and employees. Legal entities can outlive their founders. And their employees can benefit from protections provided by the law. An additional benefit comes with limited liability companies. These limit the financial liability of company owners to their investments, so personal assets of the owners are not put at risk. Where governments make registration easy, more entrepreneurs start businesses in the formal sector, creating more good jobs and generating more revenue for the government. Summary of procedures for starting a business in Bangladesh are given…

    • 7398 Words
    • 30 Pages
    Good Essays

Related Topics