You have ever seen when any person won a lottery and after some years, he will not have money and become poor. Why people become rich and than poor? Because they don't have financial education and they doesn't know how to maintain money and how to grow it. In the whole world people think that the house is an asset, but actually house is a liability. In case of house you have to pay the emi and the loan, actually it doesn't make money but it takes money out from your pocket. Rich agrees that an asset is something that makes money without working. Rich tells that to become rich is not to make money only it's how to keep and grow money.
Hey everyone! 👋 I hope you are doing well in your lives, and are chasing your dreams. So, today, we are going to discuss the remaining Types of Business Structures in India . Unfortunately, if you haven't checked the Part 1 of this series, you can click here . However, if you have already read the Part 1 blog in which we have discussed about the Sole Proprietorship and the Partnership Firm in depth. Now, it's time to dive into the remaining ones. I think explaining all entities in one part would be hectic and time consuming, so in this series, we are going to cover one by one entity with full detail. Before we move on, let me make you remember that we basically have six business entities: Sole Proprietorship Partnership Firm Private Limited Company (Pvt. Ltd.) Limited Liability Partnership (LLP) Public Limited Company (Ltd.) One Person Company (OPC) In the aftermentioned points, we have already discussed the first-two. Now, let's cover the remaining: 3 . Privat...
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