Forms of business organization
Forms of business organization
Here are the common forms of business organization
- *Sole Proprietorship*: A business owned and operated by a single individual
- *Hindu Undivided Family*: A family-centric business structure prevalent in India, particularly among Hindu communities.
- *Partnership*: A business structure where two or more individuals operate a business according to a Partnership Deed’s terms and objectives.
- *Cooperative (Co-op)*: A voluntary association of individuals united to meet their common economic, social, and cultural needs through a jointly owned and democratically controlled enterprise.
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