Proprietorship Firm Full Details | Proprietorship Business Registration | Business Basics #2

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  • Опубликовано: 5 авг 2024
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    In this video, we learn about Proprietorship How to start a proprietorship business? What documents are needed to start a proprietorship? Is GST required for proprietorship?
    We will walk you through the step-by-step procedure, including choosing a business name, obtaining necessary licenses and permits, opening a bank account in the business name, and registering for any applicable government schemes or programs.
    Chapters:
    00:00 Introduction to Proprietorship
    01:56 How to open a bank account?
    04:00 Proprietorship Firm Registration
    05:20 Document Required to open a bank account
    06:42 When to take GST?
    10:42 Is a Balance sheet mandatory?
    14:09 Labour law compliance
    16:55 Tax and Gst Compliance
    22:47 Financial Terms
    26:58 Can an Employee Start a side business?
    27:58 Suggestion
    30:00 Cons of proprietorship
    .....................................................
    Business Basic Episode #01 | Which business entity to choose? : • How to start a Busines...
    Business Basic Episode #02 | Proprietorship: • Proprietorship Firm Fu...
    Business Basic Episode #03 | Partnership: • A to Z of Partnership ...
    Business Basic Episode #04 | HUF: • Save 2x Tax with HUF |...
    Business Basic Episode #05 | Pvt. Ltd.: • PVT LTD Anoop Bhatia
    Business Basic Episode #06 | OPC: • Is "One Person Company...
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    #LLA #businessBasics #Proprietorship

Комментарии • 648

  • @LabourLawAdvisor
    @LabourLawAdvisor  3 года назад +33

    📚Payroll, Excel & Labour Law Courses for career growth: lpt.institute/courses/
    💸DEMAT Account: link.lla.in/Demat
    File ITR: link.lla.in/Tax

    • @ravirajraut1748
      @ravirajraut1748 3 года назад +3

      OPC pe video banao or job ke sath chalu kr sakte he?

    • @sachinyadav108
      @sachinyadav108 3 года назад

      Rishabh Sir, mene Rti se related DM Riya h please reply kr de sachinyadav108@gmail.com

    • @corpmaxx
      @corpmaxx 3 года назад

      Sir, my client is paying wages on daily basis. Is ncp days include Sunday and other public holidays in pf return

    • @chauhanharshadsinh8867
      @chauhanharshadsinh8867 3 года назад

      Help us little boy

    • @sundeepghai
      @sundeepghai 3 года назад

      Sir,MSME registration ke liye GST compulsory kr diya hai...

  • @youmangasor
    @youmangasor 2 года назад +200

    This is more knowledgeable than all the bookish knowledge found in our country’s outdated education system

    • @Himanshu-hy2qn
      @Himanshu-hy2qn 2 года назад +2

      So true man 👍🏼

    • @rupeshdesigner3618
      @rupeshdesigner3618 2 года назад

      Exactly

    • @shubhamsingla9340
      @shubhamsingla9340 Год назад

      Formal education keeps you poor... that's 100 percent true.

    • @markandeydeogam
      @markandeydeogam 10 месяцев назад

      Apne bacho ko RUclips se hi phadai karwao , apne baap ko ye jarur dikhana .

    • @papi_torres
      @papi_torres 9 месяцев назад

      Only reason you reached till this point blabbermouthing about Education System is that very Education system. Lol😂

  • @dr.amitpalkar
    @dr.amitpalkar 3 года назад +116

    This is by far the most practical and knowledgeable content for an amateur who plans to start a business. Thanks 🙏 🙏

  • @MrShaikhkabir
    @MrShaikhkabir Год назад +12

    This video is beyond providing information, its a social service, empowering citizen.

  • @mohitraina2808
    @mohitraina2808 2 года назад +4

    This has been a brainstorming session to me.I am a proprietor from past 1 year however got my doubts clear after watching this video.Thankyou for sharing this and helping entrepreneurs like us.

  • @chiragbogra89
    @chiragbogra89 3 года назад +5

    This is such a gem of a video, simple & to the point.

  • @dbiswas7001
    @dbiswas7001 2 года назад +9

    Thanks a lot LLA, you are enriching us.
    Please make a video dedicated on how to make Balance sheet & Audit own self, it will help us small business to grow big with proper understanding.
    Thanks.

  • @qamruzzamakhan4210
    @qamruzzamakhan4210 2 года назад +2

    Although I am not planning to start a business but your narration and presentation skills always attract me to your videos .

  • @yaseennadaf7564
    @yaseennadaf7564 3 года назад +16

    Please make a video about starting a Pvt LTD cloud kitchen and registering it on swiggy, Zomato etc with tax related information like this video for proprietorship. Also please tell if it would be beneficial to go for Pvt ltd or we should go for something else.

  • @sahil1232
    @sahil1232 3 года назад +3

    By far best video on youTube.... Each and evry detail given with utmost clarity and good intention. I have dealt with most of these govt agencies and vouch on the fact that this video is must for everyone planning a business.

  • @AhmadKhan-hy3ko
    @AhmadKhan-hy3ko Год назад +9

    I am deeply impressed with the content and the way it is being delivered by you sir . And the best part is I got to see this video at a time when I most needed it . 🙌🏻🙌🏻

  • @roeydaz
    @roeydaz 11 месяцев назад

    Great advice. That was a lot of material covered in a short span of time! One needs to watch it more than once to grasp the details! Great job. Thank you.

  • @AshutoshKumar-ue3dr
    @AshutoshKumar-ue3dr 3 года назад +2

    Sir, how should I thank you?
    This is one of the best video that I have came up with. Resolved all doubts in single video.

  • @Ba5edAF
    @Ba5edAF 5 месяцев назад

    This, this video will have direct impact in the nation's GDP growth. Thank you LLA 🙏

  • @naveensunkari7900
    @naveensunkari7900 2 года назад +1

    Very informative , please educate people like us on various topics. Thank you

  • @hemantsharma-jw7fg
    @hemantsharma-jw7fg 2 года назад

    You are giving so much detail video....i am watching video 5 to 6 time video your singal video...you are doing such a amazing work....Thanks

  • @dobriyalansh9899
    @dobriyalansh9899 2 года назад

    Thank you so much for sharing that much knowledge with us, i am sarting my business and i was so confussed, but after watching your video i am so much cleared. THANKS ALOT, You are doing great sir

  • @lakshyagarwal
    @lakshyagarwal 2 года назад +3

    I have taken the classes from Anoop Bhatiya sir in CA Final.
    He is really a very good person by nature & a good teacher.
    🙏🙏🙏

  • @rajthakur9236
    @rajthakur9236 3 года назад +2

    Very very useful and informative video specially for me.... as I was also planning for my proprietorship firm... Thank you Sir.

  • @bhagawatjadhav2729
    @bhagawatjadhav2729 3 года назад +23

    Hey Rishabh, This is another best from you. Will be interested to know more on new ITR without exemption + proprietorship, how that will will work?

  • @KuldeepNegichannel
    @KuldeepNegichannel 3 года назад +4

    This is a very helpful Vlog, very informative....I was waiting for this Vlog...and When I saw it most of my queries got resolved....Thank you Rishab and team 👍👍 Yes please do share more on Proprietorship 👍👍🙏❤️😊

  • @Theindianfreelancer
    @Theindianfreelancer 2 года назад +1

    I'm going to watch it multiple times. एक बार से नहीं होगा... There's so much info!! ❤️❤️ Awesome job, Sir.

  • @pr4179
    @pr4179 16 дней назад

    Thanks you LLA. even after 3 years this video is still very much relevant

  • @deeptigarg4370
    @deeptigarg4370 Год назад +3

    Informative video!
    Being bhatiya sir student, adding one point, business income loss will not set off with salary income.
    🙏

  • @rahulkumar-rd3jm
    @rahulkumar-rd3jm 2 года назад +2

    Dear sir,
    First of all Thank you so much for your valuable information all about proprietarship firm.
    I would like to know more and detailed information about depression, so we can also make our vision to grow more with our business.
    Thanks again for taking initiative in it.
    Thanks & Regards
    Rahul Kumar

  • @ramkshetty
    @ramkshetty 2 года назад

    I have no intention to open any kind of firm in near future.
    Lekin aap ko sunne main mazaya.
    You guys make thing simple enough that even I can understand it.
    Love ya (Bro wala)

  • @archnakhiwaliya9675
    @archnakhiwaliya9675 7 месяцев назад

    This is very knowledgeable video for Sole Proprietor. Nice video and thanks Sir for sharing these points

  • @harshkaushik111
    @harshkaushik111 3 года назад

    Thnx to LLA for such a great information. Please make video on all types of Business Entities

  • @bharatmehta7753
    @bharatmehta7753 2 года назад +4

    Please make a video on salaried employee starting a RUclips career simultaneously then what legalities he needs to take care of, and How GST is applicable here, also if he makes expenses like purchases of gadgets, car like this, how it is treated under expenses

  • @ShahrukhKhan-oh3su
    @ShahrukhKhan-oh3su 2 года назад

    Great job man ! Was searching for something like this for sometime.

  • @adityasoni702
    @adityasoni702 2 года назад

    Very well explained in easy language. Very much needed this video

  • @drr.g.ratnawat2409
    @drr.g.ratnawat2409 2 года назад

    Very useful. Explained in very simple language.Thank you

  • @tgx6288
    @tgx6288 2 года назад

    thankyou so much from my heart sir ji 🙇‍♀️🙇‍♀️🙏, sacchi me kya concept clear kiye he aapne , love you sir ji

  • @ecocraftworld
    @ecocraftworld 2 года назад

    Very much practical informations with clear simple examples......

  • @jitendrasingare9618
    @jitendrasingare9618 Год назад

    Knowledgeable content
    Thnx rishabh and bhatiyaji

  • @jolitpanchal
    @jolitpanchal Год назад

    Love this series. it helped me Thanks LLA team.

  • @developerkaustav4996
    @developerkaustav4996 2 года назад

    Awesome Knowledge. Very Well Explained. Thank You Sir.

  • @parasarorain
    @parasarorain 3 года назад +1

    Thank you so much. Very thoroughly explained.

  • @REVVRPM
    @REVVRPM Год назад

    Knowledge, the way they explained is dam brilliant

  • @siddhantpatil8817
    @siddhantpatil8817 3 года назад +1

    Amazing video . Was looking for such a video for a long time ! Please make the next video on Pvt Ltd company structure. Thanks 🙏😀

  • @rajputin5586
    @rajputin5586 3 года назад +7

    Sir, I request you to please make a detailed video on OPC and other type of Firms

  • @pavankumark6404
    @pavankumark6404 3 года назад +2

    Thank you Sir for all valuable videos

  • @kumartarun1976
    @kumartarun1976 3 года назад +1

    Superb sir Clear Concept of Proporiter ship

  • @Mr13031988
    @Mr13031988 3 года назад +3

    Thank you for this video. Very informative and interesting..
    Would you like to suggest plz make your next video on partner ship firm and than pvt ltd firm

  • @SatishKumar-uw1je
    @SatishKumar-uw1je 3 года назад +10

    Sir please make a video on OPC full details like this video pros and cons please please 🙏 🙏🙏highly request 🤕🤕🤕

  • @unpluggedsagnik6803
    @unpluggedsagnik6803 2 года назад

    Thank you so much for providing us this video. Helped a lot!

  • @durageshmishra7203
    @durageshmishra7203 5 месяцев назад

    Amazing work brother!! Keep it up

  • @nikunjchandan
    @nikunjchandan 3 года назад

    thank you rishabh for a wonder full video and bringing more clarity on proprietorship .would like to know more on private limited

  • @aniketlad1736
    @aniketlad1736 3 года назад +1

    Amazing video sir, thank you very much.

  • @hks1988
    @hks1988 Год назад

    This vedio is very informative for amateur buisness and who is going to start

  • @rohitjangam494
    @rohitjangam494 Месяц назад

    Very knowledgeable information for businessman ..

  • @tamannaparvin7401
    @tamannaparvin7401 2 года назад

    Thankyou so much, I really needed this series

  • @aniketbhavsar2385
    @aniketbhavsar2385 3 года назад +1

    Thank you bro for this detailed explanatory video! next video create it on opc if possible

  • @eyeopener3035
    @eyeopener3035 Год назад

    You give very useful informations, A lot of thanks sir...

  • @jayantgautam3284
    @jayantgautam3284 8 месяцев назад

    just awesome. Extremely informative.

  • @surendrasuman9311
    @surendrasuman9311 Год назад

    Very good knowledgeable video in short time.
    Thanks

  • @ashishpanda235
    @ashishpanda235 3 года назад +1

    Much Informative Video 👍

  • @triptikaushal494
    @triptikaushal494 Год назад

    Great vdo superb especially interaction with ca is wondefdul

  • @chandanshah88
    @chandanshah88 Год назад

    Great information.... thank you LLA

  • @anishburdak4117
    @anishburdak4117 Год назад +1

    Thanks sir You help us lot but you can make a playlist of this series it will help us a lot

  • @williamhenrygatesiii4810
    @williamhenrygatesiii4810 2 года назад +1

    If I want to start the business the 1st off one the biggest challenges that I've to face is not my potential customers or the product. It's the Govt. who believe I'm about to be rich.

  • @balkeshwarprasadyadav
    @balkeshwarprasadyadav 3 года назад +4

    Very knowledgeable

  • @santoshbhatkar7867
    @santoshbhatkar7867 2 года назад

    Excellent video sir. Very good explanation...

  • @amarmadane9974
    @amarmadane9974 3 года назад +3

    OPC par full video with details.
    Also detailed video on stock trading taxes and f&o turnover ,utr etc

  • @hemantsharma-qq5iq
    @hemantsharma-qq5iq 2 года назад

    THANKS FOR DETAILS VIDEO....YOU ARE AMAZING !

  • @vm_anshuman
    @vm_anshuman 2 года назад

    very nicely explained and genuine information, keep it up.

  • @gireeshverma9779
    @gireeshverma9779 2 года назад

    Very informative and wow video..

  • @hks1988
    @hks1988 Год назад

    Great vedio sir...very informative

  • @praveennaik2713
    @praveennaik2713 2 года назад

    This is most helpful video bro, thanks for this video 🙏

  • @jayeshgala83
    @jayeshgala83 Год назад

    Very useful video. Thank you.

  • @AnirudhSharma1976
    @AnirudhSharma1976 2 года назад

    Very Good,understood well presumptive scheme in 44AD,Thanks

  • @Jitendra_Rawat
    @Jitendra_Rawat 2 года назад

    Very usefull n imformative video sir 💝

  • @Wprashant
    @Wprashant 2 года назад

    Startup company knowledge 👌

  • @saurabhpatil9300
    @saurabhpatil9300 2 года назад

    Thank you for such amazing amazing knowledge

  • @m.k.8440
    @m.k.8440 3 года назад

    I like the theme/intro music!

  • @adeshlamge9931
    @adeshlamge9931 2 года назад

    Very knowledgeable for lay man.

  • @EhteshamAnsariRahman
    @EhteshamAnsariRahman Год назад

    Hats off..what a wonderful information..

  • @themridulkant
    @themridulkant 3 года назад

    Thank you Bhai bhaut acha batya...👍👍👍👍🙏

  • @prajwalaithal7624
    @prajwalaithal7624 2 года назад

    Those 35 dislikes are from people who charge people for this same set of information.
    Anyway, good work guys keep it up.

  • @vishalmaheta7708
    @vishalmaheta7708 3 года назад

    Thank you sir for this video. Very informative and interesting.
    plz, make your next video on Provide information about the trust. please please #highly request#

  • @shubhamvishwakarma6977
    @shubhamvishwakarma6977 2 года назад

    Anoop Bhatia ji badi mazedar baat kahi h

  • @samridhasaha9366
    @samridhasaha9366 3 года назад +2

    To apne finally la hi diya

  • @nideeshkumar4317
    @nideeshkumar4317 Год назад

    Very good video..... Excellent

  • @dheerajprakash6594
    @dheerajprakash6594 2 года назад

    🙌🙌🙌 thanks for the knowledge

  • @Joshmakhana
    @Joshmakhana 2 года назад +1

    Phenomenal thanks for info

  • @dr.mukeshprasad1270
    @dr.mukeshprasad1270 2 года назад

    Thanks. Knowledgeable video

  • @rohitshedavat7413
    @rohitshedavat7413 3 года назад

    Excellent information best 👌👌

  • @ychodneker
    @ychodneker 2 года назад +1

    Hello sir, your videos supersedes booking knowledge. I really appreciate the level of comprehensive research you put into your videos. I have a question, if I want to create a online website where I want to sell digital courses for students only then registering for GST is mandatory ?

  • @syedimran2826
    @syedimran2826 6 месяцев назад

    Honestly Thank you bro

  • @saadsayyed1536
    @saadsayyed1536 11 месяцев назад +1

    Yeh video 2 - 3baar aur dekhna padega samajne ke liye 😢

  • @motabhai8733
    @motabhai8733 2 года назад

    kaash ye video aur jyada lamba hoga hai..
    it's so interesting.😭😭😭😭😭

  • @DineshKumar-ru1rd
    @DineshKumar-ru1rd Год назад

    thats what i m looking for since a year

  • @er.ashvanisingh4891
    @er.ashvanisingh4891 2 года назад

    Thanks for giving information

  • @pankajchaudhari3006
    @pankajchaudhari3006 2 года назад

    Very informative

  • @deepaksheelvant
    @deepaksheelvant 2 года назад +1

    This was a very helpful video Rishabhji. Thank you so much. I have a few questions on proprietorship with Manufacturing setup.
    1. Is it possible to register manufacturing unit at home address (I plan to have a small manual assembly workstation at home without power usage for my own designed product)? Is it legal?
    2. Do i need to register under FACTORIES ACT if i plan to setup the above assembly station?
    Your inputs will be very helpful. Thank you in advance.

  • @myfeelings1278
    @myfeelings1278 3 года назад +1

    Very helpful video.

  • @Kantforex
    @Kantforex Год назад

    Awesome Content

  • @Anoop20039
    @Anoop20039 2 года назад

    700 pages ki poori book padh li
    Pr ye video dekhne ke baad lag rha kaash ye video pehle dekhe hoti😁😁👍👍

  • @sunilsonawane497
    @sunilsonawane497 11 месяцев назад

    Thx sir help my new vision

  • @jost3385
    @jost3385 2 года назад

    Xcellent video.