The CEO Magazine
A monthly magazine for business leaders and decision makers
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Sole proprietorship

Pros and Cons of Sole Proprietorship in India

Pros and Cons of Sole Proprietorship in India A sole proprietorship is the simplest form of business entities to start and is owned by one person. It is also the oldest form of business organization. In a sole proprietorship, it is the privilege and the responsibility of the owner to manage the affairs of his company. He needs to take decisions in all aspects including managerial, financial and others to ensure efficiency and profitable conduct of business. Sole proprietorships are attractive for small business owners…

Types of Business Entities to Start in India

Types of Business Entities to Start in India Presently, India is considered an emerging market with a lot of opportunities for investors. The diverse economy presents all sorts of business entities for doing business in the country. Here, there are five major business entities, which are trading in the entire country: Sole proprietorship A sole proprietorship is a business that is owned and managed by a single person; it is also known as a one-man army. The liability of the sole proprietor is limited to the extent of…
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