Why Startups Prefer a Private Limited Company | Provenience - 0 views
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provenience on 06 Feb 21As an entrepreneur launching a startup, you have a long list of pending decisions waiting for you. Right from an innovative business idea, to optimum processes, to selecting the right business entity, it is an endless journey. However, it is important to remember that every decision you make now goes a long way in determining the success of your business. While traditionally, new businesses preferred the sole proprietorship model, in recent times, a private limited company is evolving as the preferred option for company formation. Today, we will look at the reasons behind startups preferring a private limited company.