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Previous year in the case of newly set-up business/profession ??

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

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12 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

I recently started running business, so many questions and points are still not clear enough to me. It's good that now there are blogs like this site https://www.pandadoc.com/blog/contract-vs-agreement/, in which I constantly read various articles on document control, document management and editing various documents. It's difficult for me, but I'm sure I'll figure it out soon.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Starting a business is a very good idea. You will not work for someone and will develop some kind of your own business, thereby you will make more efforts and do everything better because it will be better for you. In order for your business to start making some profit quickly, I advise affiliate sales:

https://vipresponse.nl/how-to-improve-affiliate-sales-with-cross-selling-and-upselling/

You need to create a high-quality business plan, preferably for a year or two in advance, so as not to think about what to do after a week, you should have everything written down literally every minute. Good luck!

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

I have my own business, it is very difficult, but interesting, think well before starting something.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

A new business is like a fresh new step that can change your future.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Since I myself recently started doing this with the help of Pissedะกonsumer , I have something to tell you. This will be one of the most important decisions of your life, so be prepared, you must choose wisely, there are just too many business opportunities to consider, so choose one which you can have a passion working, for it will take a lot of time and money along with work if you ever want to be successful in your own business. Set reasonable goals, and once you reach the first goal, set your next is a lesson I learned long ago having started several traditional businesses and online businesses, always set goals.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Oh, previous year was very bad for starting a business, cause of Covid

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Thank you a lot for da post, I`d like to know how to start and set-up a business

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Many small businesses simply don't have the resources to build - let alone maintain - a network that will adequately take care of business needs. Many small businesses wind up with a mismatch of different parts put together piece by piece by whichever technician was available at any given time and was offering the right price. small businesses

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

The year was very successful, because I greatly raised the popularity of my company through a good PR campaign and drawing up a high-quality business plan for investors. The latter by the way have noted a good presentation, which I ordered for the average price in the market in professional presentation services. I would like to mention the good work of this company, for a presentation on my business made in about a couple of days. To be honest, I have never seen such a high quality and unique presentations.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

The first previous year commences on the date of setting up of the business/profession (or, as the case may be, the date on which the source of income newly comes into existence) and ends on the immediately following March 31.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

**Previous year in the case of newly set-up business/profession** In the case of a newly set-up business/ profession or in the case of a new source of income, the previous year is determined as follows โ€“  The first previous year commences on the date of setting up of the business/profession (or, as the case may be, the date on which the source of income newly comes into existence) and ends on the immediately following March 31. Thus, in the case of a newly set-up business/profession or new source of income, the first previous year is a period of 12 months or less than 12 months. It can never exceed 12 months.  The second and subsequent previous years are always financial years. The second and subsequent previous years are always of 12 months each (i.e., April to March). Thanks

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Data?1494421730 answered

PY for newly set up business or profession The PY will be start from the date of on which the source of income newly comes into existence and will be end with 31st march of the financial year. for example if business starts on 01.06.2014 Then PY will be from 01.06.2014 to 31.03.2015 Thanks

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