Partnership How Does it work in Business - ilearnlot
  • 3 minute read
MModern Business

Partnership: How Does it work in Business?

Explaining, What is Partnership? and learn, How Does it work in Business? The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations. Organizations may partner to increase the likelihood of each achieving their mission and to amplify their reach...
What are the Features of Sole Proprietorship - ilearnlot
  • 4 minute read
MModern Business

What are the Features of Sole Proprietorship?

Explaining, What are the Features of Sole Proprietorship? Sole proprietorship refers to a business organization in which enterprises are controlled or owned by a single person. The sole proprietorship is the oldest form of business enterprise in India. It is the simplest form of business and all the risk or losses are bearer by the single person. Also, if he wants any help they can get it from their friends, family or relatives. It doesn’t require any legal recognition or formalities and simplest way to open a business.
What are Disadvantages of Sole Proprietorship - ilearnlot
  • 5 minute read
MModern Business

What are Disadvantages of Sole Proprietorship?

Learn and Study, What are Disadvantages of Sole Proprietorship? Explaining are, Easy Point, Trade, Multipoint! A sole proprietorship is the simplest and most common legal structure someone can choose. It’s an unincorporated business owned and run by one individual in which there is no distinction between the business and the owner.