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If an entity which has objectives like and ldquocharitable or other not for profit objectives and would be able to set up under LLP Act?
AbhishekKumargp6007
No. The essential requirement for setting LLP is 'carrying on a lawful business with a view to profit'.
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∙ 7y ago
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What do you understand by profit oriented and non profit oriented entities?
A profit oriented entity is one whose goal is to make profits from its services or products. A non profit entity is one that does not necessarily seek to make profit but has set out other goals.
What other objectives might a business have besides earning a profit?
wala lang
What are the aims and objectives of spar?
they try make more profit than any other busnes locally tot them
What are the objectives of store department?
Ultimately, the objective of a department store is to make a profit. Other objectives include providing high quality products and having great customer service.
Who is an investee company?
investee company is one in which other entity injects a certain amount and expects some profit\loss in return
What are the objectives of food and beverage service?
To gain profit according to budget. To exceed customers' expectation
Can you sell a non-profit business?
As businesses are a created real entity and profit or loss depends on how it is run and other environmental and Time dependence factors. If you can find a buyer who is confident (have potential to turn it around to profits) you can sell it.
What are the aims and objectives of Ryanair?
Like all other budget airlines to bring costs down to a minimum & to make an increasing profit each year.
What is a bank and who operates it?
banking is the business which involve accepting and safe guarding of money owned by the individual and other business entity and lending out this money in order to earn profit.
Which state pays more in taxes?
A State, if for no other reason than not being a profit entity, and hence not making any taxable income, doesn't pay taxes.
What is corporate entity?
A Corporate Entity is a organization formed with state governmental approval to act as an artificial person to carry on business (or other activities), which can sue or be sued, and (unless it is non-profit) can issue shares of stock to raise funds with which to start a business or increase its capital
Process is passive entity is it true?
No, Process is an active entity. Program, on the other hand, is a passive entity.
