Write the advantages of a private company
Answers
Answer:
advantage of a private limited company
- separate legal entity. An entity means something which has a real existence,a thing with distinct existence.
- Uninterrupted existence.
- Limited liability
- Dual relationship
thanks
plz mark as brainlist
Answer:
______________________________________
Advantages of Private company are :-
______________________________________
1.Ease of formation
______________________________________
A private company can be formed by two persons only. They can start their business immediately and do not wait for the certificate of commencement.
______________________________________
2.Greater Flexibility
______________________________________
A private company is required to perform lesser legal formalities as compared to public company.
______________________________________
3.Quick Decision
______________________________________
In a private company there is a lesser number of people to be consulted.
______________________________________
4.Personal Touch
______________________________________
There is a greater personal touch with employees and costumers in a private company.
______________________________________