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Partnership Firm Registration in India – Process, Types, Documents, Benefits

August 30, 2021 expert

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Partnership Firm Registration in India – Process, Types, Documents, Benefits Two or more people when come together with a common idea of business by infusing the sources and funds together with the common goal of earning profit is termed as Partnership. Partnership Firm is one of the common forms of business in India as it […]

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All you need to know about dissolution of a partnership firm

August 3, 2021 expert

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All you need to know about dissolution of a partnership firm In a partnership firm, more persons are there. There should be minimum of 2 persons and maximum of 10 persons in the banking business and 20 in non-banking business to form a partnership firm. Profit and loss in a partnership firm are shared between […]

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Important Aspects Of A Partnership Firm

August 3, 2021 expert

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Important Aspects Of A Partnership Firm Partnership is a form of business which came into existence due to the shortcomings of sole proprietorship. When the business grows and prospers, one person is not enough to procure capital and look after its day-to-day affairs. In such a scenario, more persons join hands and contribute their funds. […]

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What is Partnership – Advantages and Disadvantages

October 3, 2018 expert

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When one particular is setting up a business, a single could variety a sole proprietorship when the company is tiny. The situation with this type of small business is that it cannot develop past a certain limit. This is because a sole proprietorship will not be readily sponsored by banking institutions other sources of finance. […]

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