Starting a web development business requires patience and proper knowledge. Read the article to know how you can successfully start a web development business.
Introduction
Web development is an activity that involves designing and programming the pages to be displayed on a web browser. The term can also refer to developing websites or applications for use with the World Wide Web, which is accessed via a web browser. The Web development company process of creating such sites may involve writing HTML (Hypertext Markup Language), CSS (Cascading Style Sheets), JavaScript, and other coding languages.
Web development is a growing sector not only in India but all over the world. If you want to establish a web development business you need to know the proper steps you will need to take. In this article, we will discuss how you can start your web development business.
Growth Of Web Development Company
This is the era of online marketing and online business, therefore, each business nowadays requires a website to function. This has led to major growth in the sector of web development. The best part is that there are a lot of customers and buyers which means there are a lot of scopes if you want to start a web development business.
Starting a business is a very long procedure and requires a lot of paperwork and legal work. If you are planning to start a web development business then Vakilsearch can help you. We have a team of Legal Experts who can help you with the applications and registrations.
Different Types of Companies
When you plan to start a new business you need to decide what type of ownership your company will have. There are different types of ownership depending on the number of people involved and the partnerships given away.
We have mentioned below the main types of companies that you can establish and get your business going.
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Proprietorship
One of the simplest forms of establishing a company is by proprietorship. In this, a single person is the owner of the company and has all the liabilities. The person who owns the company is known as the proprietor. He or she is the sole owner of the company and they have to pay income tax on all the profits and income made by the company.
One of the major disadvantages of this type of establishment is that if a company fails to pay back the loans the proprietor is considered liable and possession of his or her personal belongings can be taken.
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Partnership
In a partnership establishment, more than one person groups together to start the business. A single person is not responsible for the actions taken within the company.
A deed has to be signed with the agreement of all the partners and the company can be established after that. Before signing the deed or agreement make sure that you consult a legal advisor. Vakilsearch can help you with this. Visit our website and enter your name and contact details. A legal expert will contact you and solve all your queries.
The disadvantage of this establishment is that if a loan is taken by the company each of the partners is equally liable and responsible.
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Limited liability partnership
Multiple people come together to start the company but in this case, each person has limited liability. In this type of business, the company has to be registered with the Registrar. In the case of limited liability partnerships, it is easier to get loans for business purposes.
These are the three most common options people go for when establishing a business. There are other options available such as a private limited company or a one-person company. But these options are not considered very suitable when you are just starting a business. When you establish a company you have to be very clear with the legal procedures included. You can go to Vakilsearch and consult a legal advisor so that there is no confusion in the procedure.
How to Start A Web Development Company?
Once you decide that you want to establish a web development business the next step you have to take is to know the procedure of establishing a business.
We have mentioned below a checklist of tasks you need to do to establish a web development business.
- Make a business plan that includes all the important points about your company. Include the investments, the profit margin expected, the audience you are targeting, market research, services that you will provide, etc.
- Decide which type of business you want to establish and get your company registered with the Registrar. You can do this online and take help from Vakilsearch for the online application filling and registration process.
- To start a business you will also need certain licenses such as the GST registration and shop and establishment license in case you are setting up an office as well.
- Bank accounts separately for business have to be opened to manage the expenses and estimate the annual profits.
- After that, start building your team and decide what services you will provide.
- One of the most important steps after establishing your company would be to start a website. Include the portfolio services you offer and contact details on the website so that it is easier for potential customers to reach you.
Conclusion
Designing a website and creating web pages to be displayed on that website is one of the main tasks of a web development business. Considering the technological growth in the last few years it is obvious that the web development business has seen a lot of growth. If you want to start a web development business and want to establish your own company then you must know the proper steps for it.
You must have read the article and realized that establishing a company requires a lot of paperwork, legal procedures, license, and application filing. You might need extra help in these tasks and it is always good to make sure that you are doing everything right rather than regret it later. You can contact Vakilsearch and take help from the expert team of legal advisors. They will help you with all the agreements that you have to sign, online registrations, licenses, and all the legal paperwork that you need to go through.
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