13 Essential Characteristics of Partnership Firm or Business- Subjectquery.com
This article helps you to explain the characteristics of partnership firm… Partnership firm includes various characteristics like (i) Number of members or partners, (ii) Contractual relationship, (iii) Competence of partners, (iv) Profit Motive, (v) Sharing of profit & loss, (vi) Voluntary registration, (vii) Principal-Agent relationship, (viii) Transfer of Interest, (ix) Legal status, (x) Unlimited liability,… (0 comment)

Read this article to learn about the points of advantages and disadvantages of joint stock company or companies in brief: Advantages include: (i) Limited liability, (ii) Continuity of transactions, (iii) Benefits of large scale operations, (iv) Professional management, (v) Social benefits, (vi) Research & Development, (vii) Transfer of shares, (viii) Stability. Disadvantages include: (i) Formation… (0 comment)

In this article, I will explain the nature, elements, features, and characteristics of business… Elements of Business- The key elements of a successful business include various points for determining the strong business model… 1. Identify your target audience: Targeting the right customers means to follow the right person for our particular product who truly need… (0 comment)

Top 10 Key Features of a Sole Trader Business – Subjectquery.com
The key features of a sole trader business can be pointed as follows: Simple and Easy to form, Individual Owner, ‘ Manager and Controller, Responsible for his own liabilities, Less legal formalities, Decision-Making Power, Easy to Dissolve, Sources of Capital, Flexibility in Operations, Build relations with customers. 1. Simple and Easy to form- Easy to… (6 comments)

9 Characteristics of Sole Proprietorship Business- Subjectquery.com
The characteristics of sole proprietorship include various points to define the features of sole business. The points are:- Ownership of Business, Management, Source of Capital Funds, Liability, No sharing of Profit & Loss, Stability, Single Man Control, Provide Employment Opportunities, Minimum Legal Aspects or Formalities. 1.Ownership of Business- Ownership of a business is the first… (8 comments)

Top 10 Advantages of Sole Proprietorship Business – Subjectquery.com
The advantages of sole proprietorship are also known as merits of sole proprietorship. It includes various points for the purpose of understanding the nature of a particular business of an individual person or entity. A sole proprietorship is a legal form of business enterprise in which an individual regulates the business. This individual gain all the… (12 comments)

10 Disadvantages of Sole Proprietorship Business – Subjectquery.com
The Disadvantages of Sole Proprietorship are also known as Demerits of Sole Proprietorship. It includes various drawbacks points related to the sole proprietor world… There are specific serious demerits of sole proprietorship which a sole individual trader has to observe in managing this form of business. These limitations are:- Unlimited Liability, Limited Financial Resources in… (2 comments)