Entrepreneurship

Can You Scale an Existing Partnership Firm Alone Or Do You Require a New Partner?

Can You Scale an Existing Partnership Firm Alone Or Do You Require a New Partner?

The name Partnership firm in itself implies the engagement of more than one person. Hence, a single person cannot enter into a Partnership. Partnership Firm is a business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in the Partnership Deed.

 

The single owner entity is either a Sole Proprietorship Firm or a One Person Company.

 

About EbizFiling.com :

 

EbizFiling.com is a motivated and progressive concept conceived by like-minded people, which helps small, medium and large businesses to fulfill all compliance requirements of Indian Laws.

 

Get in touch for a free consultation on info@ebizfiling.com or call 9643203209.

Tags: Partnership
Ishita Ramani

Ishita Ramani is a young woman entrepreneur and currently the Operations Director at Ebizfiling India Private Limited. In her entire career so far, she has led a team of 50+ professionals like CA, CS, MBAs and retired bankers. Apart from her individual experience on almost every facet of Indian Statutory Compliances, she has been instrumental in setting up operations at Ebizfiling.com! Read about her journey at- https://www.greatcompanies.in/post/ishita-ramani-operation-director-at-ebizfiling-india-pvt-ltd

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