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Revision as of 00:29, 20 June 2017

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But in addition to this domain knowledge, an entrepreneur needs to offer knowledge many other areas. This is required for managing and expanding his business. He has to have the normal process to learn them and then he must be prepared to learn them even when he likes them not really.

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If the LLP incurs debts in business, the partners are not responsible. The LLP is the responsible victim. The LLP must too complete business records being a corporation really. This includes things like balance sheets and reports of losses and profit gains.

Since Sri Lanka incorporates higher literacy rate it doesn't stop here mean all Sri Lankans are well educated. But there are educated up to a certain number. People who live in main cities like Colombo and Kandy are very educated and they have a higher purchasing strength. This would limit the growth of your commercial.

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