Question

this is the business studies please so please you don't know don't answer , Sudesh started a stationary shop near his locality. He invested his money in the
shop and was the single recipient of all profits and losses. After a few days, he
realized that he needed an extra pair of hands for the extra work, and hired Lalu for
handling the small tasks at the shop. Identify which type of business is Sudesh
engaged in and state it. ​

Answer 1

Answer:

At first sudesh started a sole proprietorship business. Then he realized that he cannot manage the business by himself and he converted his business to a partnership business by including lalu as a partner.

partnership business

A business partnership is a legal relationship that is most often formed by a written agreement between two or more individuals.partners invest their money in the business, and each partner benefits from any profits and sustains part of any losses.

Explanation:

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