Organising your business in the form of Private Limited Company has got its own advantages such as Limited Liability of the owners, Perpetual existence, Better Image and credibility among stakeholders, separate legal entity and improved Borrowing Capacity and so on. A company enjoys better avenues for borrowing of funds. It can issue debentures, secured as well as unsecured and can also accept deposits from the public, etc. Even banking and financial institutions prefer to render large financial assistance to a company rather than partnership firms or proprietary concerns.
As you setup your company, sell your products and services, get appreciation from customers and having a great go at business. There is one motivational factor – a good profit. And no matter what we think bottom line is this, the profit is a lifeline for your business and catalyst for growth of your success ladder.
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