🏁Launching a business? Then beware — Startup Financial Mistakes in India can crush your dream even before it takes off. At Amiko Finserv, we’ve worked closely with multiple startups and seen these blunders firsthand.
In this guide, we’ll break down the 7 most common financial mistakes Indian startups make — and how you can dodge them like a pro. 💼🚀
💥 1. Not Registering the Business Properly
Skipping proper business registration or choosing the wrong entity (like sole proprietorship instead of Pvt Ltd or LLP) causes long-term compliance, legal, and tax issues.
👉 Amiko Tip: Choose the right legal structure from day one — we’ll guide you step by step.
🔗 Explore entity types on the Startup India Portal
💥 2. Ignoring GST & Tax Compliance
This is a major mistake. Without timely GST registration, filings, or income tax compliance, your business could face penalties and lose credibility.
👉 Amiko Tip: We handle GST registration, return filings, and IT returns so you stay worry-free.
🔗 Apply for GST Registration – GST Government Portal
💥 3. No Legal Agreements
Running a startup without founder agreements or client contracts is risky. It leads to disputes and payment issues.
👉 Amiko Tip: Let us draft watertight MoUs, NDAs, and contracts that protect your startup from day one.
💥 4. Poor Cash Flow Planning
Many founders focus only on growth but ignore budgeting and cash flow. Eventually, they run out of money.
👉 Amiko Tip: We help you set up realistic financial projections and manage your burn rate smartly.
💥 5. No Bookkeeping or Financial Records
Without accurate books, you can’t track expenses or understand your startup’s performance.
👉 Amiko Tip: We maintain your accounting system and provide monthly financial reports.
💥 6. Not Investor-Ready
You may have a great product, but if your numbers don’t make sense, investors will walk away.
👉 Amiko Tip: We design investor-ready pitch decks and project financial models for funding rounds.
🔗 Investor Guidelines – SEBI
💥 7. DIY Approach in Finance & Compliance
Trying to do it all alone? That’s a burnout recipe. Finance and legal tasks need experts.
👉 Amiko Tip: Let us handle your finances while you focus on what you do best — building your business.
📞 Need Expert Help for Your Startup?
We’re here to guide you from registration to funding — all under one roof.
📱 Call/WhatsApp: 9718282653 / 8588013069
📧 Email: amikogroup.in@gmail.com
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🎁 Special Offer: Get a free consultation — just mention this blog when you contact us!
🌐 Website: www.amikofinserv.com