terms of size and turnover, with more than Cr ( million) customers riding a TVS bike.TVS was established by Mr TV Sundaram. He began with Delhi first bus service in and founded T.V. Sundaram and Sons Limited, a company in the transportation business with a large fleet of trucks and buses under the name of Southern Roadways Limited. When he died in , his sons took the company ahead with several forays in the automobile sector, including finance, insurance, two-wheelers/ three wheelers, tyres and components, housing, aviation, logistics etc.
The group has managed to run companies that account for a combined turnover of nearly US$ billion. iii. Small Capital Small capital is an important as well as specific advantage of sole proprietorship. Sole proprietor can start business with small capital.
commerce - - . . PM Case Study Rajendran has done his B.Com., this year. He wants to do some good business now.
Kesavan, his father, is a Sole-proprietor of a small Banian- manufacturing plant in Salem and ask Rajendran to join business with him as a partner. However, Rajendran likes to go in for an independent venture. A discussion follows between them on this issue. Meanwhile Mr.Arul, an advocate and friend of Rajendran’s father, comes there and gives comments on both of them.
Assume the role of Rajendran, Kesavan and Arul and state and defend your positions. v. Hasty Decisions Sole proprietor is more likely to take hasty decision as he need not consult anybody else. For Future Learning a.
Mahesh is a young graduate who has inherited a sum of ₹ , , by way of family savings. He also has a family house to which he has sole title as the only son of his father. He is thinking of starting a small factory for the manufacture of plastic toys. What form of ownership organisation will you advise him to choose?
b. Amar started a business on his own. He has his father helping him with the accounts and his brother helps him with looking after customers in the evening. Amar pays a monthly