Wednesday, July 2, 2008

Constraints For The B Plan of company formation

Constraints For The B Plan of company formation
1. Starting and operating Capital not to exceed one lakh.
2. Time horizon for the plan is two years minimum, with the target of crossing break even in six months***.
3. There must not be any requirement of office so the alternative interface with client shuold be provided e.g. web portal.
4. Man Hours available per day are 32 on an average.
5. There is no scope for additional capital raising by taking loans.
6. Area of physical operation must be within five Km radius of NITIE campus(Not the area of business).
*** This is not hard and fast,subject to the attractiveness of the rest of the plan.

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