Class 11 Business Studies Chapter 2 Forms of Business Organisation

A business is a firm that utilises economic resources to deliver goods or services to its customers for cash or other products and services.

Before starting a business and doing some research, it is essential to decide on what form of business to choose. It is a very crucial decision to make because it might affect the taxes, legal procedures and paperwork, personal liability, and how much money to borrow.

Let us understand and get more insight into various phases of Forms of Business Organisation.

For more concepts and study materials of class 11 Business Studies, visit BYJU’S or download the app for more information and the best learning experience.


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