Which type of business organisation is suitable forC.A firm and beauty

1.	Which type of business organisation is suitable forC.A firm and beauty parlour and why?
Answer» \xa0Sole proprietorship will be more suitable for\xa0beauty parlour because:\tIt has easy formation and closure.\t\xa0It needs limited resources.\tHe will be sole risk bearer which is not so high and profit recipient.\tHe will have 100% control.\tpersonal services.\xa0For chartered accountancy firm, partnership firm will be more suitable because it has:\tEase of formation and closure\t\xa0Balanced decision making\tMore funds\tSharing of risks\tMaintain secrecy

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