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Suitability of Business Model

Right structure ensures Control, Tax Saving, Power, Responsibility, Risk, Growth of an entrepreneur.

Proprietary or OPC   Business providing direct services like doctor, lawyers, tailors etc. as these business generally are single handedly operated & are less risky. Partnership or LLP   Very Ideal for business requiring pooling of resources like the business consultancies as ensure due delegation of resources and responsibilities. Company   Generally formed by multi-locational or multi-tasking oriented organisation as it covers the risks by establishing reporting and coordinating frameworks therby creating autonomy of work by separating ownership and management aspects.

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