Disadvantages of Sole Proprietorship in India
A sole proprietorship may be a standout among the foremost widely known kinds of business element in India. The absence of strategy for Sole Proprietorship Registration and negligible consistence necessities make sole proprietorship an ideal element for small business in India. Nonetheless, with the presentation of LLPs and OPC in India, expanding legitimate mindfulness and association of economic enterprises/organizations in India by the govt , more business visionaries are choosing LLP or Private Ltd.