10/08/2026
🚨 “ABC & Co.” doesn’t automatically mean it’s a Company!
One of the most common misconceptions while starting a business is assuming that every business is a “company”.
👤 Proprietorship
🤝 Partnership Firm
🛡️ LLP
🏢 Private Limited Company
They may all run a business — but legally, they are very different structures.
And if you’re building a startup, choosing the right structure becomes even more important. 🚀
Planning to raise funds, bring in investors, issue shares or offer ESOPs?
👉 A Private Limited Company is generally the preferred structure.
Want a closely held business with relatively simpler compliance?
👉 An LLP may be worth considering.
Your business structure affects your liability, compliance, taxation, funding and future growth — so don’t choose it just because a name sounds professional.
💡 Choose the structure based on where you want your business to go.
Save this Reel before starting your business & share it with a founder who needs to know this!
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