Hey business superstars-to-be! Dream of founding your own most awesome company yet? Perhaps one that sells trendy video games? Or a to-die-for bakery? Or create a robot doing your homework - wouldn't it be cool?
Well, if your business dreams are something important to you, then you MUST KNOW about MSME registration, like an aladdin's cave of its benefits for the small businesses of India.
What does MSME stand for?
MSME stands for Micro, Small, and Medium Enterprises. It is some sort of a business club. So the government came up with this MSME registration for all these hip small businesses which give a throb to our communities. It runs the gamut from your local grocery shop to that carpenter who makes cool wooden toys.
And to top it all, you get your UDYAM registration certificate absolutely free! That's right, no cost at all! You can even apply online by UDYAM registration. It is like getting a superpower for your business without spending a single rupee!
Why is MSME registration so important?
Imagine having a helpful friend who always has your back. That's what MSME registration in India is like! Here is why it is super useful:
Loans become your best friend: Need money to buy new stuff for your business? Banks love giving loans to businesses with an MSME registration certificate.
Pay less interest: You know how you sometimes have to pay extra money when you borrow from someone? Well, with an MSME registration, you pay less extra money!
Sell to the government: the government needs all forms of goods, pencils in schools and computers for offices, etc. With MSME registration in India, you would be able to sell them these commodities.
Free training: there are specific government programs for small businesses to learn and grow, therefore you will be given free training on being effective at what you are doing.
Be an exporter: You have always dreamed of selling in foreign countries, hasn't it? MSME registration can enable that.
Protection against bullies: Some big guys would like to have their cake and eat another guy's, the MSME registration gives protection to the small-sized entrepreneurs.
How to obtain the MSME registration
Now, getting UDYAM registration is as simple as baking a cake-well, not that simple-but it's pretty simple. You can register online at the UDYAM registration website. You just have to give some minimal information regarding your business-you are selling what and where.
Now, let me summarize all of these cool benefits for you:
Loans are super easy
Less interest rates
Sell to the government
Free training programs
Export your products
Protection against unfair competition
Don't wait! Register today!
Then, if you are serious about your business, MSME registration is a no-brainer! It is like leveling up your business with cheat code stuff.
Some important things to remember
UDYAM registration is the new name given to MSME registration.
It is absolutely free!
You can do it online.
It is very handy for all small businesses in India.
Startup Flora is here to help!
Startup Flora is always here to support you if you need any sort of help relating to the MSME registration, or perhaps, any form of help in whatsoever way to start your business, we are specialists who help youngsters like you.
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