Question

suggestion for forms of business organisation in 11 th standerd
​

Answer 1

Explanation:

Business organization is the single-most important choice you’ll make regarding your company. What form your business adopts will affect a multitude of factors, many of which will decide your company’s future. Aligning your goals to your business organization type is an important step, so understanding the pros and cons of each type is crucial.

Your company’s form will affect:

How you are taxed

Your legal liability

Costs of formation

Operational costs

There are 4 main types of business organization: sole proprietorship, partnership, corporation, and Limited Liability Company, or LLC. Below, we give an explanation of each of these and how they are used in the scope of business law.

MARK me as a BRAINLIEST ANSWER