Software Development Business can be successfully set up with the help of good programmers and project managers. This business can be started with medium investment. An expert can himself start the business without the help of any other staff. This business can also be done in large scale. Now a days there are increased demand for tailor made software solutions.
Software development is the development of a software product. The
term "software development" may be used to refer to the activity of
computer programming, which is the process of writing and maintaining
the source code, but in a broader sense of the term it includes all that
is involved between the conception of the desired software through to
the final manifestation of the software, ideally in a planned and
structured process.
Software development may include research, new development, prototyping,
modification, reuse, re-engineering, maintenance, or any other
activities that result in software products.
Software can be developed for a variety of purposes
Custom Software
Software made for the specific needs of the client for some
potential users.
Commercial Software
Computer software that produced for sale
Open Source Software
Open source software is very often developed in public.
Embedded software
development
Development of embedded software such as used for controlling consumer
products, requires the development process to be integrated with the
development of the controlled physical product. The need for better
quality control of the software development process has given rise to
the discipline of software engineering, which aims to apply the
systematic approach exemplified in the engineering paradigm to the
process of software development.
The following business forms can be used to start Software Development Business.
A Proprietorship can be started by single person with the following facilities:
Office
Rented or own office
Staff
Facilities
Opening of Bank Account
In India, Bank Account of a Proprietorship can be opened by giving the following documents:
But in other countries, documentation procedure will be different according to the law of land.
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A Partnership can be made by two or more persons by creating partnership deed.
Registration of Partnership Deed
In India, it is not compulsory to Register a Partnership deed. But an un registered partnership have some disadvantages in the eye of law. So it is better to register the deed with the Registrar. A Registered partnership firm has all the right to sue in a court of law in India. But in other countries there may be differences in rule.
Office
Rented or own office
Staff
Facilities
Opening of Bank Account
In India, Bank Account of a Partnership firm can be opened by giving the following documents:
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Different modes of advertisement like news paper, internet, pamphlet, hoardings etc can be used according to the budget.
A Private Limited Company can be registered by minimum of 2 person and maximum of 50 persons. There are many advantages of registering a private limited company. A Private Limited company can be registered with limited liability, which will protect the personal asset of the business man in case of failure of business.
Registration of Private Limited Company
In India, it is compulsory to Register a Private Limited Company. It can be registered with the help of a Practicing Company Secretary, Advocate or A Chartered Accountant. Facilities required for Business are:
Office
Rented or own office
Staff
Facilities
Opening of Bank Account
In India, Bank Account of a Partnership firm can be opened by giving the following documents:
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Different modes of advertisement like news paper, internet, pamphlet, hoardings etc can be used according to the budget.
A Limited Company can be registered by minimum of 7 person and there is no maximum limit of members. There are many advantages of registering a Limited company. A Limited company can be registered with Limited liability, which will protect the personal asset of the members in case of failure of business.
Registration of Limited Company
In India, it is compulsory to Register a Limited Company. It can be registered with the help of a Practicing Company Secretary, Advocate or A Chartered Accountant. Facilities required for Business are:
Office
Rented or own office
Staff
Facilities
Opening of Bank Account
In India, Bank Account of a Partnership firm can be opened by giving the following documents:
Advertisement
Different modes of advertisement like news paper, internet, pamphlet, hoardings etc can be used according to the budget.