Friday, April 3, 2020

Forms of Business ( Sole Proprietorship)

Date : 7.April.2020
Sub  : Entrepreneurship
Period : 4
Day  : 4
Time : 10am -10:45am

 Learning Outcomes

  • Forms of Business
  • What are Corporate and Non Corporate forms of Business
  • What is a Sole Propriertorship form of Business
  • Characteristics of Sole Propriertorship
  • Advantages and Dis -advantages of Sole Propriertorship
A very good morning students .
Today we are going to look at the Forms of Business
The Forms of Business are :
  • Non Corporate Forms: Sole Propriertorship,  Partnership and Joint Hindu Family
  • Corporate Forms        : Joint Stock Company and Cooperative Society
Today we will be learning only the 1st form of Non Corporate business which is The Sole Proprietorship.
A Sole Proprieter is an individual who owns a shop all by himself.
It is the oldest form of Business
The individual manages the business by himself
He bears all the risks 
He gets all the Profits.

As you go throygh the video you will understand it better.
The part that talks about the Legal Formalities need not to be seen as it is not part of the syllabus.

Please go through the video and clarify any doubt with me


Your assignment for the day
  1. Define Sole Proprietor
  2. What are the characteristics of a Sole Proprietor
  3. State the Advantages and Dis-advantages of Sole Proprietorship form of business
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45 comments:

  1. Preet khareApril 3, 2020 at 10:00 PM

    Preet present sir

    ReplyDelete
  2. Arnav MendirattaApril 3, 2020 at 10:00 PM

    good morning sir
    Arnav
    Present sir

    ReplyDelete
  3. Austin Jonas TirkeyApril 3, 2020 at 10:00 PM

    Good morning sir
    Andrew

    ReplyDelete
  4. NamanApril 3, 2020 at 10:01 PM

    Good morning sir
    Naman this side

    ReplyDelete
  5. UnknownApril 3, 2020 at 10:02 PM

    Good Morning sir
    Saher here

    ReplyDelete
  6. UnknownApril 3, 2020 at 10:04 PM

    Present sir

    ReplyDelete
  7. Pranoy PeterApril 3, 2020 at 10:07 PM

    Good morning sir Pranoy this side

    ReplyDelete
  8. NamanApril 3, 2020 at 10:07 PM

    Sir plz can u explain
    Good are of artistic nature or demand and customize approach
    Naman

    ReplyDelete
  9. UnknownApril 3, 2020 at 10:11 PM

    Good morning sir
    Simon dsouza-12F
    Present sir

    ReplyDelete
  10. Shubham SharmaApril 3, 2020 at 10:11 PM

    Good morning sir.
    Shubham sharma
    Present

    ReplyDelete
  11. Rishabh singhApril 3, 2020 at 10:12 PM

    Rishabhdeep
    Present sir

    ReplyDelete
  12. Tech TorqueApril 3, 2020 at 10:14 PM

    Present sir Sohail 12f

    ReplyDelete
  13. Tech TorqueApril 3, 2020 at 10:15 PM

    Abu 12f present

    ReplyDelete
  14. TanishqApril 3, 2020 at 10:15 PM

    Tanishq
    Present sir

    ReplyDelete
  15. UnknownApril 3, 2020 at 10:18 PM

    Sir i have a doubt what is (VAT)/(CST registration ???

    ReplyDelete
    Replies
    1. NamanApril 3, 2020 at 10:20 PM

      Vat matlab
      Value added tax
      CST
      Central state tax

      Delete
    2. Dennis MathewApril 3, 2020 at 11:47 PM

      Vat is value added tax.these are indirect taxes which you don't have to pay the government by yourself but indirectly through the seller or manufacturer

      Delete
  16. NamanApril 3, 2020 at 10:22 PM

    Now there is GST so....Vat n cst...& all that stuff is history
    Bro

    ReplyDelete
  17. Aditya MishraApril 3, 2020 at 10:26 PM

    Good Morning Sir
    Aditya Mishra

    ReplyDelete
  18. chrisApril 3, 2020 at 10:34 PM

    Morning sir Christopher D'Rosario

    ReplyDelete
  19. KanhaApril 3, 2020 at 10:44 PM

    kanha present

    ReplyDelete
  20. samyakjainApril 3, 2020 at 10:48 PM

    Samyak present ✌️

    ReplyDelete
  21. AnmolApril 3, 2020 at 11:07 PM

    Good Morning sir
    Anmol Dungdung

    ReplyDelete
  22. TathagatApril 6, 2020 at 8:34 PM

    Good morning sir

    ReplyDelete
  23. Austin Jonas TirkeyApril 6, 2020 at 8:35 PM

    Good morning sir
    -ANDREW

    ReplyDelete
  24. Shubham SharmaApril 6, 2020 at 8:36 PM

    Good morning sir.
    Shubham Sharma.
    Present sir.

    ReplyDelete
  25. Rishabh singhApril 6, 2020 at 8:36 PM

    Rishabhdeep
    Present sir

    ReplyDelete
  26. UnknownApril 6, 2020 at 8:36 PM

    Good morning sir
    Simon dsouza-12F
    Present sir

    ReplyDelete
  27. Arnav MendirattaApril 6, 2020 at 8:37 PM

    Good morning sir
    Arnav Mendiratta
    Present sir

    ReplyDelete
  28. UnknownApril 6, 2020 at 8:37 PM

    Good morning sir
    saher here

    ReplyDelete
  29. NamanApril 6, 2020 at 8:39 PM

    good morning 12f
    Naman Arora

    ReplyDelete
  30. UnknownApril 6, 2020 at 8:40 PM

    Good morning sir
    Edwin

    ReplyDelete
  31. AnmolApril 6, 2020 at 8:41 PM

    This comment has been removed by the author.

    ReplyDelete
  32. Tech TorqueApril 6, 2020 at 8:48 PM

    Present sir Sohail 12f

    ReplyDelete
  33. Tech TorqueApril 6, 2020 at 8:48 PM

    Abu 12f present

    ReplyDelete
  34. Preet khareApril 6, 2020 at 8:50 PM

    Preet 12-f present

    ReplyDelete
  35. Aditya MishraApril 6, 2020 at 9:01 PM

    Aditya Mishra

    ReplyDelete
  36. UnknownApril 6, 2020 at 9:03 PM

    Morning sir Morgan here

    ReplyDelete
  37. UnknownApril 6, 2020 at 9:26 PM

    Good morning sir Irhaam
    Present

    ReplyDelete
  38. Pranoy PeterApril 6, 2020 at 9:37 PM

    Good morning sir Pranoy Presnt.

    ReplyDelete
  39. samyakjainApril 6, 2020 at 10:42 PM

    Good morning sir samyak present

    ReplyDelete
  40. AnmolApril 6, 2020 at 11:30 PM

    Good Morning sir
    Present sir
    Anmol Dungdung

    ReplyDelete
  41. JaideepApril 7, 2020 at 12:33 AM

    Good morning sir
    Present
    Jaideep

    ReplyDelete
  42. Pradeep RjMay 19, 2021 at 4:26 AM

    Nice, thanks for sharing the much needed information. Reach us to OPC company Registration

    ReplyDelete
  43. SuperCAJune 30, 2021 at 7:06 AM

    Hi, Thanks for sharing such a nice content, hope this will help to all the business owner who is looking for the same.
    Superca is the Best Place to consult about Online Sole Proprietorship Registration.

    ReplyDelete

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