What are the key differences between the Limited Liability Partnership vs Sole Proprietorship
19/06/2025 Business Opportunities, Franchise
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Limited Liability Partnership vs Sole Proprietorship highlights key differences in legal status, liability, and ownership. LLP offers limited liability and shared ownership, making it an ideal structure for firms with multiple partners. Sole proprietorship suits entrepreneurs seeking complete control with minimal paperwork. Choosing between the two depends on business goals, risk appetite, and structure preference. Read this blog to get an overview of the differences between the two business structures.
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