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All About Partnership Act, 1932, Types, Advantages and Disadvantages

Partnership Act, 1932: Advantages and Disadvantages of a Partnership Firm

A partnership is a relationship between two or more persons who have agreed to share the profits of the business by all or any of them acting for all. People who have entered into a partnership with each other are called ‘Individual Partners‘ and collectively ‘a firm’ and the name under which their business is …

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6 Big Hidden Myths About a Business Industry

Great Differences Between LLP and LTD: What’s Best?

The government of India passed the Limited Liability Partnership Act (LLP) 2008, to address the important issues. A Limited Liability Partnership is a business entity that gives limited liability to the partners and provides stability in the partnership company. Whereas according to the Companies Act, 2013 a limited liability company is a company whose owners …

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Sole Proprietorship Registration – Documents and Process

A sole proprietorship is a business that has only one member who owns the business. It is the easiest way to start a business as the registration process is simple and fast. It is the most common but most popular way of doing business in India. Some examples of sole proprietorship businesses are a freelancer, …

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6 Best Tricks to Overcome Business Failure

In every business, you face some risks and failures with the decisions you take for your business to run properly. However, you cannot eliminate these failures because they are uncertain, But you can overcome them by mindful thinking and applying correct strategies for them to make your business better than your competitors. In this article, …

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