A single-owner business is the simplest and most common form of business structure. In this type of arrangement, the proprietor and the firm are legally considered to be one and the same entity. This means that the businessperson's personal assets are directly responsible for any liabilities incurred by the enterprise. Setting up a sole proprieto
Types of Business in India: Complete Guide to Choose the Right Structure in 2025
Starting a business in India requires one crucial decision that can make or break your entrepreneurial journey - choosing the right types of business structure. With over 63 million MSMEs operating across the country, understanding different business types has become more critical than ever for aspiring entrepreneurs. Whether you're planning to lau