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Sole Proprietorship is the simplest and most common form of business, fully owned and managed by one individual. Legal authorities define a Sole Proprietorship as an unincorporated business structure where one person makes all decisions and manages operations independently. This structure is ideal for small company owners, freelancers, shopkeepers, and professionals who prefer minimal legal […]
Before starting a business, every entrepreneur wonders whether to go solo or share the responsibilities and profits. In India, two common structures are Sole Proprietorship and Partnership. Each offers distinct features, advantages, and challenges. By understanding the difference between Sole Proprietorship and Partnership, entrepreneurs can decide which one best suits their business goals. This blog […]
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