Business owners in India, right now, are enjoying a golden era. The startup community in India is thriving and will likely continue to do so. But it’s tough to launch a company without doing the necessary groundwork. This is due to the fact that a variety of licenses and permits are often required prior to a company’s official launch. ISO certification is one example of such a certification. Understand whether an ISO Certification is required for a Startup through this article.
What is a Startup?
Startup refers to a company in its infancy. What we call a “startup” is a company that is just getting its feet off the ground.
Small groups of entrepreneurs or even just one person may initially provide the majority of the funding and management for a startup. In other words, these businesses are Micro, Small, and Medium-sized. Businesses like this fill a void in the market by filling a need that hasn’t been met before or by filling a need that the owners believe is being met inadequately.
What is ISO Certification?
Unlike national governments, the International Organization for Standardization (ISO) operates autonomously. Its ultimate goal is to create global norms. These International Standards aid new businesses in many ways, including quality management, workplace safety, and legal conformity. These ISO Certifications are useful for every Industry since they increase a company’s efficiency, legitimacy, and financial success. ISO Certification is the mechanism through which ISO assists startups or organizations to achieve their goals.
Do Startups need ISO Certification in India?
There is no simple answer to it. The reason is there is no mandatory need of ISO Certification in India as it depends on the business and other types of factors. For instance, some domestic and international clients only prefer to work with only those businesses who have ISO Certification and can manage the quality of product and services as per the ISO Standards. In this case, a Startup will mandatorily need to have ISO Certification to work with such clients.
On the other hand, some industries are highly competitive. Especially where startups work. For example, We’re all aware that the vast majority of Indian entrepreneurs operate only in the digital realm. Also, these new companies operate digitally and rely heavily on data for making decisions. Because of this, the number of data breaches and cyber assaults, especially against startups, is on the rise. As a result, it is crucial to have established protocols and procedures for assuring safety and efficiency. Read more about this at: ISO 27001 Certification for Startups.
Thus, legally you are not required to get ISO Certification in some scenarios, however, having ISO Certification doesn’t harm and rather provides several advantages to your business. In fact, the Government of India also promotes ISO Certification. Therefore, if your startup has MSME Registration and successfully attains ISO Certification, some of the costs are reimbursed. ISO Certified startups also become a preferred choice for Government tenders.
In conclusion, ISO Certification might not be required legally when you start your business. However, when you commence your business and operate it, you will need it one way or another whether to beat the competition, gain the recognition, or build an honest image in the market. Besides, the ISO Certification label on your Pitch Deck will also make a good impression on the minds of potential investors and they will be more interested to invest in your venture.
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