Choose proprietorship firm because of:
- It is easy to establish with very less formalities.
- A sole proprietorship firm is cheaper than to incorporate a OPC.
Sole proprietorship is a form of business which is owned, managed and controlled by a single proprietor. It is most common form of business as it is utilized by the small businesses that operated in an unorganized sector.
Sole proprietorship concern is also recognized by other registrations such as Goods and service tax registration.