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1) Deep Motors is a sole proprietorship owned by Maheshbhai B Patel that operates a Bajaj motorcycle showroom and service center in Kheda.
2) The business has 4 employees and a turnover of 3.4 crore rupees in 2017. It was started with 5 lakh rupees in cash and a 70 lakh rupee mortgage loan.
3) The business provides bike service, washing, insurance, and genuine Bajaj parts. In the first year, it operated at a loss but the owner motivated employees to increase sales and service.
1) Deep Motors is a sole proprietorship owned by Maheshbhai B Patel that operates a Bajaj motorcycle showroom and service center in Kheda.
2) The business has 4 employees and a turnover of 3.4 crore rupees in 2017. It was started with 5 lakh rupees in cash and a 70 lakh rupee mortgage loan.
3) The business provides bike service, washing, insurance, and genuine Bajaj parts. In the first year, it operated at a loss but the owner motivated employees to increase sales and service.
1) Deep Motors is a sole proprietorship owned by Maheshbhai B Patel that operates a Bajaj motorcycle showroom and service center in Kheda.
2) The business has 4 employees and a turnover of 3.4 crore rupees in 2017. It was started with 5 lakh rupees in cash and a 70 lakh rupee mortgage loan.
3) The business provides bike service, washing, insurance, and genuine Bajaj parts. In the first year, it operated at a loss but the owner motivated employees to increase sales and service.
Sanket Patel (134) Vivek Patel (169) Yash Patel (173) Deep Motors Firm DEEP MOTORS (BAJAJ TWO WHEELER SHOWROOM AND SERVICE) Location Kheda Firm type Sole Proprietorship Owner Maheshbhai B Patel Capital 5 Lakhs Rupees Cash and 70 Lakhs mortgage Loan Human Resource 4 Turnover 3.4CR(2017) Products Services Bike service Bike wash Insurance Provide Bajaj genuine parts like counter sale How to overcome the problem 1st year its firm is in loss but he is not stop hard work in its field and motivates the employees like (how do you work in daily in that basis I pay you) so that he is increase sale and service For finance he took bank loan. He is risk taker according to him Risk takers are always successful in future. Conclusion Sole proprietorship is the old and best used organization in India. In India 23 million sole proprietorships and 7.4 million partnerships. Because of it is very easy to open and Exit.