Tag Archives: #BusinessHurdles

Can I run multiple businesses on a single GST as a sole proprietor?

Multiple businesses on a single GST

Can I run multiple businesses on a single GST as a sole proprietor Yes, as a sole proprietor, you can run multiple businesses on a single GST registration. However, you would need to mention the details of all your businesses while applying for GST registration, including their names, addresses, and types of goods or services… Read More »

What are the disadvantages of a single member LLC?

Challenges faced by a single member LLC

The disadvantages of a single member LLC A single-member LLC, similar to other business structures, comes with its own set of drawbacks.   Here are some of the common disadvantages associated with a single-member LLC 1. Limited liability protection: While a single-member LLC provides some liability protection for the owner, it may not offer the… Read More »