Proprietorship

Sole- Proprietorship firm also referred as Sole-Trader, is a enterprise owned and run by one person. Sole-proprietorship firm and Sole-proprietor stand for same thing. Capital is contributed by one person only. And profit or losses belong to one person only.

Why we choose Sole-Proprietorship?

01
Few legal formalities

02
Unlimited Liability

04
Complete control

03
There is lack of Business continuity.

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