Your Questions About How To Do Business Online In India

Richard asks…

What is the best business to manage online in india / chennai?

I work in a IT company, I am salaried and my living is depend on it. I cannot quit my job, but i am more interested in doing a business. So the possibility is that it has to be managed through online. So, please suggest me a good online business for the Chennai / India region. I can invest upto 5L. If the outcome is more succesfull i will quit my job as well.

Jere answers:

INVEST IN REALITY SECTOR

Lisa asks…

What are the good classified website to advertise in INDIA.?

I want to advertise my business online, Please advice which are the good classified website in INDIA ? to advertise and get good response for the business.

Jere answers:

I found this to advertise my business in india – http://www.wegotinfo.in
Try and find your luck 🙂

Robert asks…

From where ill get the license and permission for online business?

I just planned for run a online business from india. From where ill get the license and permission for online business?

Jere answers:

Hi there

To start an online business, you don’t need to take any permissions if you are selling something to Indians only.
All you have to do is start your website and create a current bank account. A current bank account is as good as a “proprietorship concern”.
If you plan to sell something to people outside India, a PayPal account will help. Depending on what you are selling, you may need to get an IEC code made.

I am assuming you are not stocking anything and wish to keep things as simple as possible. Rest I can only comment once you give more details.

Regards
Siddharth Goyal
COO, Company Kickstart LLC

Sandy asks…

How to start business in India?

Starting an online gaming business in India?
Hi, I am based in Europe and thinking of starting same kind of business in India, within online gaming.
– where can find sources for legal restrictions
– what is the biggest online game – Second Life?
– what is needed, on office, location.
Any tips is useful. Thanks in advance.

Jere answers:

Your intended business activity will need various approvals as you as promoters will be an NRI if at all you are a person of Indian Origin.
ADV in TOI & Economic Times in Mumbai, inviting Consultants and existing operators to have dialogue with you. Briefly explain your scheme and ensure that the AD you insert in a ‘Display Ad’ which attracts attention of readers and prospective investors/consultants.
You will surely have response but first you will have to spend on the AD as this will be an indirect source of investment.

Daniel asks…

What all things needed to START AN ONLINE STORE? I would like to start an online store in india. How its done?

I would like to start an ONLINE STORE in india. Suppose iam planning to start an online electronic gadget store, how to collaborate with direct companies or can I deal with physical stores? How are the thingS done? PLEASE ANY ONE HELP ME.

Jere answers:

First you need a business licence that allows you to sell the products you want to offer.
Then you need to do one of two things:
You either buy stuff on stock and sell it from there or you collaborate with companies and work on some kind of commissions.
For the sales side, try to get a great web designer and offer lots of different payment options – that’s important on the internet. I would at least offer direct transfer, credit card and some safe online payment options like paysafecard.
After you got all that it’s all about good promotion, but that’s another story 🙂
Good luck!

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