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If your business will be based in India, you have the choice of a number of different trading vehicles: Sole trader: This is where you run your business as an individual. You can employ staff as a sole trader but it is ultimately you that is personally responsible for the business. This includes any losses the business makes. Limited company: This is where you have a company that is responsible in its own right for its liabilities, and its finances are separate to yours. It is likely that you will be a shareholder and a director of the company from the start, the latter carrying a number of legal responsibilities that you will need to consider.
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FreshMenu was founded by Rashmi Daga (CEO) in 2014 with its headquarters in Bangalore. It is a delivery service provider made with the finest ingredients, namely farm fresh vegetables, fresh dairy, and meat products, and without trying to do re-heated and assembled food. It aims to deliver fresh food, including breakfast platters, burgers, sandwiches, wraps, Thalis, Continental dishes, Biriyani, dessert. The startup has raised USD 24 M in funds from investors. Currently, FreshMenu operates in Mumbai, Bangalore, New Delhi, and Gurgaon. They used to change their menu daily and deliver freshly prepared meals in just 45 mins at the customer’s doorstep.
Without a detailed, business plan, you can not be able to bring your dream of owning a startup. The business action plan gives the sketch about the entire journey you’ll take to operate. You will use your business plan to guide you through getting financial support from investors to the projected action plan. These are the few business requirements to start a food-based industry in India. Food research lab helps you to get more knowledge in this field through this blog to all the food processing industry and food processing companies.