11 December 2019

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Limited Liability Partnership-Registration and Tax Issues

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A “limited liability partnership (LLP)” is a partnership in which some or all partners have limited liability. It therefore exhibits both elements of partnerships and corporations and offers the duel advantage of combining the organizational flexibility of partnership firm with the feature of limited liability for its partners.

SME Insurance

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All businesses and individuals are exposed to risks such as natural and man-made risks, liabilities, disasters and calamities. In this context, insurance is a wise investment to limit your liabilities in the event of an unpleasant occurrence to your assets, properties, business or to your clients who have invested their belongings with you and to whom you are liable for. Without insurance a business will not survive financially and insurance is the heart of any business today.

Don't be Penny Wise, Pound Foolish!

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I may here quote a line which I had read somewhere during my studies on personal finance management- “Measurement is the first step in Management”. A manager needs to measure or track his income, expenses and investments to manage his business effectively.

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