PARTNERSHIP FIRM REGISTRATION
Legal professionals at BDS Legal Services, will provide the highest quality research within a short timeframe and at a fraction of the traditional costs. Most importantly, our Intellectual Property support services are tailored to meet the individual requirements of each client. Depending on your specific needs, BDS Legal Services will conduct multi-level searches and list the most relevant results.
Apart from sole proprietorship we also have another form of business organization called a partnership. Sometimes when the business grows and it becomes extremely complex for the entrepreneur to handle the firm, he looks for a partnership form of the business. This fulfills his requisite capital and resources and also helps in the supervision and control of the work. The proprietorship also helps the division of work and the risk is also shared thereby reducing the burden.
The following are the advantages of registering a partnership firm:
- Partnership firms are very easy to start and needs only a partnership deed.
- The partners in the partnership firm share the decision making thereby reducing the demerits of passing resolutions.
- Being a partnership firm also helps in raising funds easily
- Each partner has a certain range of powers and this paves the way for a diligent workforce.
