Top Menu

Tag Archives | Business Ownership

Advantages and Disadvantages of Sole Proprietorship

A sole proprietor business is established, owned, financed and controlled by a single person who is known as sole trader or sole proprietor. Such a business run by sole trader or sole proprietor is known as sole trade or sole proprietorship. Some of the advantages of sole proprietorship are:- 1. Easy to Form 2. Effort-Reward […]

Characteristics of Company

Everything you need to know about the characteristics of company. A company is a volun­tary association of persons, recognised by law, having a distinctive name, a common seal, formed to carry on business for profit, with capital divisible into transferable shares, limited liability, a corporate body and perpetual succession. An existing company means a company […]

Difference between Sole Proprietorship and Partnership

Everything you need to know about the key differences between sole proprietorship and partnership. Understanding the difference between a partnership and sole proprietorship form of business is useful for an aspiring entrepreneur to select the right form of business. Sole proprietorship is a form of business organisation in which an individual introduces his own capital, […]

hit counter