Start-Up Solutions and Compliance Unit 1-3

A unique selling proposition, often called a USP, is a key benefit or feature that makes a startup stand out from competitors. It's what makes your business special and attracts customers.

A SWOT analysis helps startups assess their Strengths, Weaknesses, Opportunities, and Threats. This evaluation helps them identify ways to capitalize on advantages and mitigate potential risks.

A Partnership Deed is a legal document that outlines the terms of a partnership agreement between two or more individuals who want to establish a business together. It defines responsibilities, profit sharing, and dispute resolution.

A Limited Liability Partnership (LLP) is a business structure where partners have limited liability, meaning they are not personally responsible for business debts beyond their investment. This structure offers a balance between partnership flexibility and limited liability.

The Memorandum of Association (MoA) is a legal document that outlines the fundamental principles and objectives of a company. It defines the company's name, registered office, and the scope of its business activities.

The Articles of Association (AoA) are a legal document that defines the internal rules and regulations of a company. It governs how the company operates, including matters like shareholder rights, directors' responsibilities, and financial procedures.

A Director Identification Number (DIN) is a unique identification number assigned to an individual who is appointed as a director of a company. It verifies the director's identity and allows them to perform their duties legally.

The Registrar of Companies (ROC) is a government agency responsible for registering and regulating companies in India. It ensures compliance with corporate laws, maintains company records, and provides information about registered companies.