Restaurant-proprietary firm Vs pvt ltd company

Pvt ltd 833 views 6 replies

A restaurant (shop selling sweets, snacks, farsaan etc)  is to be opened . Whether it should be opened as a proprietary firm or a pvt ltd company ?

Replies (6)

it depends on scale of operation, for big one, co. must be formed.

start as proprietary concern.

start as a firm

proprietory firm                                                      

Start as a proprietorship concern.Since it is easy to start and operate.
 

best way is to start with proprietorship and in future it can be converted into pvt.ltd


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