A single-owner business is the simplest form of business structure. It's established when an individual launches a business and operates it using their personal identity. In a sole proprietorship, there is no legal distinction between the owner and the business. This means the owner is fully responsible for all debts of the business. Therefore, i

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