How to start a sole proprietorship?
A sole proprietorship requires almost no legal formalities. It can start the day you want it to start. One may even open a bank account on the name of your sole proprietorship concern.
In case you wish to have a trade mark, design and use it as your trade mark. One may even register a Trade Mark with the proper authorities.
The only thing you must take care of is that you have the required licenses specific to your line of business. For Example: If you are a doctor you need a license to practice etc. Find out about your line of business and what licenses you may require before setting up.
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Table Of Contents
- How to incorporate?
- Understanding Sole Proprietorships
- - Advantages of Sole Proprietorships
- - Disadvantages of Sole Proprietorships
- - What kind of business is suitable for Sole Proprietorships?
- - How to start a Sole Proprietorship business?
- Understanding Partnerships Business
- - Advantages of a Partnership Business
- - Disadvantages of a Partnership Business
- - Different types of partnership firms
- - Business suitable for Partnerships legal structure
- - How to form partnership deeds & start a partnership firm?
- Understanding Joint Stock Companies (Private & Public Ltd.)
- - Advantages of Joint Stock Companies
- - Disadvantages of Joint Stock Companies
- - Business suitable for Joint Stock Companies
- - Procedure to start a Joint Stock Company? (Incorporation)