Why do Sole Proprietors in India Use a Current Account?
Posted on Thursday, November 14th, 2024 |
A sole proprietorship is the simplest and most common form of business structure in India. The term “sole” indicates single, and “proprietor” refers to the owner, meaning that one individual owns and manages the entire business. This individual has complete control over all operations and decisions but also bears full personal responsibility for the business’…
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