this above ppt is just part of class work

2.  Sole trader: an individual operating as the sole
person legally responsible for all aspects of the
business. Like other structures, as a sole
trader you can employ people to help you run
your business.
 Partnership: an association of people or
entities running a business together, but not as a
company.
 Company: A company come into existence when a
group of people come together with a view of forming
an association to exploit the business opportunities by
bringing together; men, material, money and
management.

3.  A business plan is a formal statement of
business goals, reasons they are attainable, It
may also contain background information
about the organization

4. Capital is lifeblood of any business It is the
most essential and important element of
business

5.  When starting new business choosing
location is the most important factor to focus
on

6.  To be identified for legal and business
purpose ( i.e “Ltd” or “Pvt Ltd”).
 The name should not be similar to existing
for the company but in sole ownership
there is no need of such procedure

7.  In the form of company there are lot of
documents required
(EX=MOA,AOA,PROSPECTUS)
 Partnership=there is an agreement required
between partners it should be in written to
settle disputes b/w partners