The formation of a company usually involves several steps:
1. Conceptualization: Defining the business idea and goals. 2. Business Plan: Creating a detailed business plan outlining the company's objectives, strategies, and financial projections. 3. Registration: Registering the company with the appropriate governmental body. 4. Licenses and Permits: Obtaining the necessary licenses and permits to operate legally. 5. Capital Investment: Securing initial funding through investment or loans.