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BUSINESS ORGANISATION

Sole Proprietorship

Meaning

Advantage

Disadvantage

Example
Partnership firm

Meaning

Advantage

Disadvantage

Example
LLP stands for Limited Liability Partnership that is a type of business entity that was introduced in 2010
and anyone can register to do business in India. There are more than 1 Lakh LLP companies registered
in India. Basically LLP is a partnership firm which minimum two partners are required for registration.

 Grant Thornton India


The firm has grown to be one of the largest assurance, tax, and advisory firms in India. With over 1,800 professional
staff across 13 offices, the firm provides robust compliance services and growth navigation solutions on complex
business and financial matters through focused practice groups. We are based in all the major cities from New Delhi,
Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurgaon, Hyderabad, Kochi, Kolkata, Mumbai, Noida and Pune, and
we have affiliate arrangements in most of the major towns and cities across the country.

FAST FIGURES

US$-

million

Revenue

FAST FIGURES

4,947

People

FAST FIGURES

15

Offices
FAST FIGURES

113

Partners

Deloitte

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk


advisory, tax, and related services.

Co – operative society

Meaning

Advantage
Disadvantage

Example

indian Farmers Fertiliser Cooperative (IFFCO)

1. It is headquartered in New Delhi.


2. IFFCO is the biggest cooperative in the world by turnover on GDP per capita.
3. It was founded on 3rd November, 1967
4. IFFCO is India’s largest fertiliser manufacturer.
5. IFFCO reaches  over 50 million Indian farmers, with around 35,000 member cooperatives.

Horticultural Producers’ Cooperative Marketing and Processing Society


(HOPCOMS)

1. It is a farmers’ society founded in 1965. 


2. HOPCOMS comes under the jurisdiction of the Department of horticulture, Government of Karnataka.
3. It was founded with the objective of direct marketing of farm products.
4. HOPCOMS is headquartered in Bengaluru.
5. HOPCOMS is spread across districts of Bangalore Rural, Bangalore Urban, Mysuru, Mandya,
Chikkaballapura, Ramanagar of Karnataka.
6. The operations of HOPCOMS are three-fold: distribution, storage and procuremen
Anyonya Co-operative Bank Limited

Anyonya Co-operative Bank Limited (ACBL) located in the city of Vadodara (formerly Baroda)


in Gujarat, is the first co-operative bank in India. ACBL was established in 1889 under the
name Anyonya Sahayakari Mandali Co-operative Bank Limited, with a primary objective of
providing an alternative to exploitation by moneylenders for Baroda's residents.

ts administration is governed by a group of nine board directors, three of whom are elected every year
for a three year term. ABCL closed in March 2008.

HUF

Meaning

Advantage

Disadvantage

Example

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