A single-owner business is the most basic form of business structure. It's created when an individual starts a business and operates it using their personal identity. In a sole proprietorship, there is no separation between the owner and the company. This means the owner is directly accountable for all debts of the business. Consequently, it's vi
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