Proprietorship Firm Registration
Proprietorship Firm Registration is among preferred form of business registration in India. In this kind of business, sole proprietor remains the sole owner of the business. No one here has authority to interfere in decision making. Profits earned are not required to be shared.
Proprietorship Firm Registration Process:
Proprietorship form of business is usually most easy and quick way to start any business. Registration process requires only below mentioned two registrations.
Proprietorship Firm Registrations through MSME Registration online:
Government has recently introduced and promoting MSME registration. MSME registration is done through Adhar number validation. Though no document is required to be uploaded, still lot of information is required to be submitted here.
We at Mads Money can provide you MSME registration in one hour. For any query, we are open to chat on WhatsApp.
Term Loan, CC Limit and OD Limit to start or expand proprietorship firm:
Financial assistance is required during two stages in business. Once during initial stage and another during expansion stage. People usually opt for own funds and if there is shortage, they go for loan.
We provide 100% accurate consultancy and assist in getting loan from bank. We do all required documentation for loan.
Preferred businesses that can be registered as proprietorship firm:
- Retail and wholesale business of household and FMCG goods
- Business of Fruits and vegetables
- Bakery and sweet shop business
- Small restaurants and food corners
- Small contractor business
- Other businesses to be started on small scale
Benefits of Proprietorship
You have complete control over the operations.
There is no minimum capital investment required.
There is no sharing of profits.
No complicated legal compliances to start the business.