One of the most crucial choices you’ll make is selecting the right business structure. The type of entity you choose will ...

Alok Patnia founded Taxmantra.com, an expert in tax advisory & compliance. He is a Chartered Accountant having prior exposure with Ernst & Young & KPMG. Starting your own business? One of the ...

There are three main approaches to organising a business: by function (or department), product, or geography. These can apply to both tall and flat organisational structures. Function refers to ...

A company is a legal entity that is formed by an association of people to run a business enterprise. The company’s structure is typically chosen based on the type of business it is engaged in.

An organisational structure is how a business organises its staff to represent ... There are two main types of organisational structure used in businesses – hierarchical (or tall) and flat.

It is the least expensive, simplest and least regulated type of business structure. Unlike the other forms, there is no formal setup, as it begins when you start earning revenue as an owner-operator.