What is the procedure for starting a company?

Starting a company typically involves several key steps: first, conduct market research to validate your business idea. Next, choose a suitable business structure (e.g., sole proprietorship, LLC, corporation) and register your business name with the appropriate government authorities. Then, obtain any necessary licenses and permits, set up a business bank account, and create a business plan to guide your operations. Finally, secure funding and launch your business while ensuring compliance with local regulations.