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Partnership Business: Definition, Characteristics, Registration, Features, Advantages and Disadvantages

In this article we will discuss about:- 1. Definition of Partnership Organization 2. Characteristics of Partnership Organization 3. Registration 4. Features 5. Ideal Partnership Organization 6. Kind 7. Deed or Agreement 8. Dissolution 9. Advantages 10. Disadvantages. Contents: Definition of Partnership Organization Characteristics of Partnership Organization Registration of Partnership Organization Chief Features of Partnership Organization Ideal Partnership Organization Kind of [...]

By |2018-08-01T10:43:25+05:30August 1, 2018|Partnership|Comments Off on Partnership Business: Definition, Characteristics, Registration, Features, Advantages and Disadvantages
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Sole Proprietorship: Meaning, Characteristics and Scope | Business Management

After reading this article you will learn about:- 1. Meaning of Sole Proprietorship 2. Definitions of Sole Proprietorship 3. Characteristics 4. Scope and Prospects 5. Advantages 6. Disadvantages. Meaning of Sole Proprietorship: This form of organisation is the oldest and functioning from times immemorial in one form or the other. This is a 'one man business' in which an individual [...]

By |2017-02-06T21:14:30+05:30February 6, 2017|Types|Comments Off on Sole Proprietorship: Meaning, Characteristics and Scope | Business Management
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Expansion of Sole Proprietorship: Various Options and Merits

A sole trading business is started on a small scale. With the passage of time, the business expands and faces additional problems of capital and management of business. Under such circumstances two alternative options are open to him, which are as follows: (a) To take a partner (b) To engage an assistant or servant. Option # 1. Taking a Partner: [...]

By |2017-02-06T21:14:29+05:30February 6, 2017|Types|Comments Off on Expansion of Sole Proprietorship: Various Options and Merits
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