A barcode essentially is a way to encode information in a visual pattern that a machine can read. The combination of black and white bars (elements) represents different text characters which follows a set algorithm for that barcode type.
FSSAI is a mandatory registration/ licence for business entities that engage in food and related activities.
Food Safety and Standards Authority of India (FSSAI) is an autonomous body established under the Ministry of Health and Family Welfare, Government of India.
Good packaging and labelling practices help you to adhere with the standards required in that industry.
It is an agreement / contract between a landlord and a tenant, whereby the landlord gives the tenant the right to occupy the premises. It is applicable for a duration/ term which is specified in the agreement.
“Partnership Firm” is a form of organisation wherein two or more persons enter into an agreement and agree to share the profits of a business carried on by all or any of them acting for all.
One Person Company means a company which has only one person as a member and a nominee. One Person Companies have lesser compliance requirements.
Limited Liability Partnership (LLP) firm is a combination of partnership firm and private limited company, hence LLP enjoys benefits of both types of organizations.
Private Limited Company is a type of company that has limited liability and provides legal protection to its members (shareholders). These companies are governed by Companies Act 2013.
Business Planning is the first step towards a successful enterprise. Business Planning includes deciding what products or services you would like to offer, the place where you would like to start the business, analysing competition, estimating demand and creating the financial model.
A business entity is an organisation set-up by the business owners considering the factors such as the size of the business, nature of business, number of members involved, capital requirement, etc.