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e-Commerce Business Solutions

Electronic commerce, commonly known as e-commerce, ecommerce or e-comm, refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks. However, the term may refer to more than just buying and selling products online. It also includes the entire online process of:

 

 

 

The amount of trade conducted electronically has grown extraordinarily with widespread Internet usage. The use of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction's life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices and telephones as well.

A large percentage of electronic commerce is conducted entirely in electronic form for virtual items such as access to premium content on a website, but mostly electronic commerce involves the transportation of physical items in some way. Online retailers are sometimes known as e-retailers and online retail is sometimes known as e-tail. Almost all big retailers are now electronically present on the World Wide Web.

Electronic commerce is generally considered to be the sales aspect of e-business. It also consists of the exchange of data to facilitate the financing and payment aspects of business transactions.

You can start the business of e-commerce Business solutions with the help of expert programmers. e-commerce business process like taking orders online, payment gateway, online advertisement, delivery of goods etc can be done with the help of expert staff. It is a field with rapid development and good profitability. Once you succeeded in e-commerce solutions, you can also try for many internet based businesses.

he following business forms can be used to start e-commerce Business.


Proprietorship

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:

  1. ID Proof of Proprietor
  2. Address Proof of Proprietor
  3. Photograph of Proprietor
  4. Copy of PAN Card of Proprietor
  5. Copy of any bill raised by the firm (some banks may ask for)

But in other countries, documentation procedure will be different according to the law of land.

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Partnership

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:

  1. ID Proof of Partners
  2. Address Proof of Partners
  3. Photograph of Signatories
  4. Copy of PAN Card of Partnership Firm
  5. Copy of Partnership Deed
  6. Address Proof of Partnership firm
  7. Any other document which may be asked by the bank

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Private Limited Company

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:

  1. ID Proof of Directors
  2. Address Proof of Directors
  3. Photograph of Signatories
  4. Copy of PAN Card of Company
  5. Copy of Memorandum and Articles of Association
  6. Address Proof of Company
  7. Any other document which may be asked by the bank

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Different modes of advertisement like news paper, internet, pamphlet, hoardings etc can be used according to the budget.

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Limited Company

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:

  1. ID Proof of Directors
  2. Address Proof of Directors
  3. Photograph of Signatories
  4. Copy of PAN Card of Company
  5. Copy of Memorandum and Articles of Association
  6. Address Proof of Company
  7. Any other document which may be asked by the bank

Advertisement

Different modes of advertisement like news paper, internet, pamphlet, hoardings etc can be used according to the budget.

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