A ___ is the person who conceives a business idea and initiates to take the necessary steps to accomplish to form a company.
A promoter is the one who undertakes to form a company and initiates to take the necessary steps to accomplish that purpose.
Mr. Mohan conceived an idea to start a garment business. He consulted a Company Secretary to get the details. The Company Secretary helped listing down Mr. Mohan’s function in the process of starting up the business. Explain briefly the functions of a promoter.