REGARDING SELECTION OF FORM OF BUSINESS
This query is : Resolved
08 September 2009
SIR ONE OF MY FRIEND CLIENT WANTS TO START NEW BUSSINESS. WHAT FORM IS SUITABLE FOR HIM IF CONSIDERING FOLLOWING THINGS:
1 THERE ARE 2-3 PERSONS INVOLVED
2 MONEY CONSTRAINT i.e. MONEY IS NOT ENOUGH TO FULLY FINANCE PROJECT
3 IND IS AGRICULTURE BASED
4 CAN HE OPT FOR LLP?
1 THERE ARE 2-3 PERSONS INVOLVED
2 MONEY CONSTRAINT i.e. MONEY IS NOT ENOUGH TO FULLY FINANCE PROJECT
3 IND IS AGRICULTURE BASED
4 CAN HE OPT FOR LLP?
08 September 2009
LLP concept will creat difficulties for them.
One person who is not having Agriculture Income should become the proprietor. Others may be benefited by providing Salary.
If your friend is willing to mortgage his agriculture land to get finance for the new project, please stop him.
It will be better to include 1 more person who can finance the project in case it is having good prospects.
One person who is not having Agriculture Income should become the proprietor. Others may be benefited by providing Salary.
If your friend is willing to mortgage his agriculture land to get finance for the new project, please stop him.
It will be better to include 1 more person who can finance the project in case it is having good prospects.
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