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Asked by Shagufta Last Modified
Answer 
Giriraj Rathi
A Company Secretary by profession with an experience 9+ years in the teaching industry
The important factors determining the choice of organization are as mentioned below:
(i) Cost and Ease of Starting Business
(ii) Liability
(iii) Continuity
(iv) Managerial Ability
(v) Capital Requirements
(vi) Degree of Control
(vii) Nature of Business The factors stated above are inter-related and therefore, all the relevant factors must be taken into consideration while making a decision with respect to the form of organization.
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