A single-owner business is the most basic form of business structure. It's formed when an individual launches a business and operates it under their own name. In a sole proprietorship, there is no separation between the owner and the company. This means the owner is fully responsible for all debts of the business. Consequently, it's essential for
Types of Business in India: Complete Guide to Choose the Right Structure in 2025
Starting a business in India requires one crucial decision that can make or break your entrepreneurial journey - choosing the right types of business structure. With over 63 million MSMEs operating across the country, understanding different business types has become more critical than ever for aspiring entrepreneurs. Whether you're planning to lau