Jack and Jill are two individuals who have passed out from engineering college in Mumbai. Jack and Jill both have attained 18 years of age. Now both want to start a start-up for robotic services. Can you advise them: What are (i) the different form of business, (ii) their pros and cons and (iii) what is best suited form of business which will be applicable to their start-up?
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(i). 1.sole proprietorship 2.Partbership 3. hindu joint family business 4. cooperative societies.
(ii) It's profitable.
(iii) Partnership is the best business for them.
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