(1i) Liability: |In case of sole

proprietorship and partnership firms,

the liability of the owners/partners is
unlimited.JThis maycall for paying the
debt from personal assets of the owners.
In joint Hindufamily business, only the
alaseu

karta has unlimited liability. In

lcooperative societies and companies,
however, liability is limitedand creditors
 considerations:Companies
Parners.
artnership
POprietor Capital
are operations
management
V thaffect
avantage nountsOprofessionalised people
e business.
partnership
simplicity better operations
professionalised
management,
cOmpany areas. Division
situations managers
differences
requireFurther, In
company, proprietorpreferred.
may be
(iv) ventures, companies.
is a
ue in choice making. expertise
management pemanent FORMS
oT a such Gnistions more
large a Management
Operations better withalternative. OF
of leading of
of of form are if_ of But proprietorship
in suitable. BUSINESS
are But of capital
combined the limited of
organisations to workthere ma y In
the number
firms position andThus, may opinion
limited. operations complex conflictsthe specialise all structure, case
form of this to among is
like In find
resources
is by be functional
t he the
skills
Proprietorship
organisation it the
ORGANISATION
of suitable, better partnership no othe ability: For
large, resources also issuing
Thus, of to
organisation.
organisation's amongst
jn may difiicult orbusiness
company
the such
investors.
have collect need
nature allow to because in
allows partnership short
company of nature
shares run people. decision
leadspecificmembers problem.formoofareas to
a where
if of large 'even and have A term formneeds
the sole all the for ofthe is and the sole
or of to of
a
suitable.
much
morenature required,
in contactunits,more grocery company.
independently a
ownershipcompany there
organisation
added proprietorship if organisation.
making form of
over (v) consider Neha' more
to of medium can form
organisation
cases Custoners
personal professionals
(vii) partnership control the
Purpose
expansion
s proprietorship.
raise view
suitable. Nature operations Degree suitable opt
e
arwhere however, store, is owners father of may
with
advantage switching more and
required. the contact
such completeand form and power of
thatplans.
expansion, forsmall be
services may the For ofmanage who of can or do may control suggested because
infunds partnership
Further, suitable
proprietorship
when management and It
companybe large business:If as is organisation company decision
partnershipadopted, are be not be over our is sized
Customer neededin in required.absolute
is
direct
ofmanufacturing the separation
the adopted! preferred. mìnd If opening toprecisely and of from a
appointed the direct the its
company business whereas
protessional a she
case affairs company invest
capability the or
Similarly, tormpersonal with and case formn
making, sharing decision should fo r
form is may direct is control
ofthe it that The But case this point sole one
for 53
ofnot of to is of of of in is
is be a
 Sole Jolnt tHndu Partnentip Coopyatives Teint Stok
Mik Mesili Msik Mesils
)Qick Deisien)ective bontrelBalaned dernonimited iablily Doredesenal nanag
mallng a) Centihued Bushw malug
) confidentiaity o fxatence ) moeenels 3) Eae y Hormaten a)imitd iabidil
3 Tano 0tuest
kopati Satus 4) pe peuad (xistene
Quid cseue )
Riyct ntente en tanien
)ELonsmy In etion
hneit

Dermes Demeh Demetk Denes

) ynctmtedliabili
)nnied ia bilihyunimted dia lity evenkt ontrel Complnli in
)imited Mangeal B ata 4 membs.

) mtted esoee mited Mangeia

Rtminahe 1nyest
businus Deley in leçien
4)initee Ruyo 4)ak pubhc monoje )ent
Condiderc imuon wok
Bimaed Resource Jaimked Rescureel6) augasuite
enuirneut
mou
J/meudgultio
 þiale (ompania:Joble
Barsic.
|. Membe þubtt...company pavate company
tCswen ) & (Touw )
egual di
unlinited
MDinum pumbe 3(Twea. ) a lTow )
04 livecdion
3. ranje eg No hestiction
Shases on Arw4e
Tovi toion to | Can inule. he public Cnnt ihvele he
pubic do pulic
Subabeto
the tes