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NextQ9

Vinita, Bhavana, Rani and Nandini are all good friends in the age group of 15-17 years of age. All of them decided together to start a business venture of making soaps at home using natural ingredients. They decided to name their venture as 'O & HM' meaning Organic and Home Made. They spoke about their venture to their parents and asked them if their business could be registered so that it will be easy to divide the profits. Vinita suggested that they should register it as a partnership firm. Can they form a partnership firm?

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Question 8

AB Ltd. was into manufacturing security cameras for household and commercial buildings. Their Research and Development team came up with a new idea of manufacturing drones as security cameras which will give a 360-degree view of the entire building. They needed huge finance for the same. The company MD Sharath heard of this group of venture capitalists who are ready to invest in new ideas. He seeked an appointment with them and started preparation of a business plan to be presented before them. His plan was to make an informative PowerPoint presentation showing key graphs of financial trends. It was meant to trigger discussion among the members. Which format of business plan is Sharath using?

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