why is it important to choose an appropiate from of organization plzz answer fast
Kapil,
There are several forms of business organisations and what may be suitable to one may not be suitable to other. Therefore, it is very crucial to choose the right (appropriate) form of business organisation. There are numerous factors which govern the form of business organisation to be selected. Some of them are listed below for your reference.
1. Nature of business
2. Degree of control
3. Capital consideration
4. Extent of liability
There are several forms of business organisations and what may be suitable to one may not be suitable to other. Therefore, it is very crucial to choose the right (appropriate) form of business organisation. There are numerous factors which govern the form of business organisation to be selected. Some of them are listed below for your reference.
1. Nature of business
2. Degree of control
3. Capital consideration
4. Extent of liability