Startup Advisory Group is an advisory firm dedicated to helping entrepreneurs launch and grow new ventures as well as helping existing businesses develop a digital presence. We do this by giving entrepreneurs the tools and resources they need to achieve their goals. We leverage technology to help companies launch and grow in the digital age. We help clients lay the foundation for a new venture and put together a strategy for achieveing their goals and long term vision. We leverage technology and marketing resources to help people get their ideas off the ground and build a brand.
Sole proprietorship, as defined by the Govt. Of India, is a “one-man organisation where a single individual owns, manages and controls the business.”
One of the primary benefits is ease of formation, since a government registration is not required. There are no fees to be paid for starting a one-man business on your own, and there is no government regulatory paperwork and compliance to be fulfilled. There are no minimum capital investment requirements, and the proprietor has full control and ownership stake.
You get to keep whatever profit or income you generate. Furthermore, the tax benefits of sole proprietorship prevent double taxation of the firm. You will file returns and pay taxes only in your personal name. There are no separate income tax returns to be filed and no tax to be paid by the firm
Partnership firm is registered under Indian Partnership Act, 1932 and is defined as “the relation between persons who have agreed to share profits and loss of the business carried on by all or any of them acting for all. It is not compulsory to register your partnership firm as there are no penalties for non- registration but it is advisable to get firm registered
lLP or Limited liability partnership is governed by the Limited Liability Partnership Act, 2008. Limited Liability the partnership has basic features like a partnership firm but also provides the advantage of limited liability to its partners. Minimum partners required for LLP formation is 2
Transforming distribution and marketing with key capabilities in customer insight and analytics.
Transforming distribution and marketing with key capabilities in customer insight and analytics.
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