As we all know, India is a developing country, Business is the main economic engine for the development of our country and generation of new employment. Recently, most of the individuals are trying to establish their own organizations to become an entrepreneur and to create their own identity. Due to which the competition and quality in the industry has been increased enormously. To become an entrepreneur, the very first important thing to be considered is selection of one among different kinds of entities to start their business. We have various kinds of entities in India ranging from small to large, which were organized professionally in this section for your better understanding. For the selection of the entity you should look after so many factors like the nature of business, customer preferences, risk profile, risk of liabilities, markets segmentation and potentiality to reach your future plans for the expansion and growth of the business. Each and every kind of entity has specific pros and cons. Therefore, above mentioned particulars should be addressed properly. To assist you in making a decision, here are the types of entities in India:
