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Deepa and Preeti, decided to do business of fashion garments together under the name of M/s. Designer Wear. They joined hands as De�pa was a good fashion designer and on the other hand Preeti was experienced in marketing such products. They was suitably decorated to make it fit for such trade. They further invested Rs. 1,00,000 a commercial space of 500 sq. feet for Rs. 5,00,000.?
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Deepa and Preeti, decided to do business of fashion garments together ...
Introduction
Deepa and Preeti have decided to start a fashion garments business together under the name of M/s. Designer Wear. Deepa is a skilled fashion designer, while Preeti has experience in marketing fashion products. They have made suitable preparations to ensure their business is well-suited for the trade. Additionally, they have invested Rs. 1,00,000 in a commercial space of 500 sq. feet, which cost them Rs. 5,00,000.
Explanation
To understand the details of Deepa and Preeti's business venture, let's break down the different aspects of their business:
Partnership
Deepa and Preeti have formed a partnership to run their fashion garments business. A partnership is a legal agreement between two or more individuals who agree to share the profits and liabilities of a business. In this case, Deepa brings her fashion designing skills, while Preeti brings her marketing expertise.
Business Name
The business is named M/s. Designer Wear. The name represents the nature of their business, which is focused on designing and selling fashion garments.
Preparations
Deepa and Preeti have made suitable preparations to ensure their business is well-suited for the fashion garments trade. This may include identifying their target market, creating a business plan, developing a product range, and setting up the necessary infrastructure.
Investment
Deepa and Preeti have invested Rs. 1,00,000 in their business. This investment can be used for various purposes, such as purchasing raw materials, hiring staff, marketing activities, and covering other initial expenses. The investment is crucial for the smooth operation and growth of their business.
Commercial Space
Deepa and Preeti have acquired a commercial space of 500 sq. feet for their business. This space will serve as their store or showroom, where they will display and sell their fashion garments. The cost of the commercial space is Rs. 5,00,000, which indicates a significant investment in securing a suitable location for their business.
In conclusion, Deepa and Preeti have joined forces to establish a fashion garments business named M/s. Designer Wear. They have made suitable preparations and invested in a commercial space to ensure the success of their venture. With Deepa's fashion designing skills and Preeti's marketing expertise, they are well-positioned to thrive in the fashion industry.
Deepa and Preeti have decided to start a fashion garments business together under the name of M/s. Designer Wear. Deepa is a skilled fashion designer, while Preeti has experience in marketing fashion products. They have made suitable preparations to ensure their business is well-suited for the trade. Additionally, they have invested Rs. 1,00,000 in a commercial space of 500 sq. feet, which cost them Rs. 5,00,000.
Explanation
To understand the details of Deepa and Preeti's business venture, let's break down the different aspects of their business:
Partnership
Deepa and Preeti have formed a partnership to run their fashion garments business. A partnership is a legal agreement between two or more individuals who agree to share the profits and liabilities of a business. In this case, Deepa brings her fashion designing skills, while Preeti brings her marketing expertise.
Business Name
The business is named M/s. Designer Wear. The name represents the nature of their business, which is focused on designing and selling fashion garments.
Preparations
Deepa and Preeti have made suitable preparations to ensure their business is well-suited for the fashion garments trade. This may include identifying their target market, creating a business plan, developing a product range, and setting up the necessary infrastructure.
Investment
Deepa and Preeti have invested Rs. 1,00,000 in their business. This investment can be used for various purposes, such as purchasing raw materials, hiring staff, marketing activities, and covering other initial expenses. The investment is crucial for the smooth operation and growth of their business.
Commercial Space
Deepa and Preeti have acquired a commercial space of 500 sq. feet for their business. This space will serve as their store or showroom, where they will display and sell their fashion garments. The cost of the commercial space is Rs. 5,00,000, which indicates a significant investment in securing a suitable location for their business.
In conclusion, Deepa and Preeti have joined forces to establish a fashion garments business named M/s. Designer Wear. They have made suitable preparations and invested in a commercial space to ensure the success of their venture. With Deepa's fashion designing skills and Preeti's marketing expertise, they are well-positioned to thrive in the fashion industry.
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Deepa and Preeti, decided to do business of fashion garments together under the name of M/s. Designer Wear. They joined hands as De�pa was a good fashion designer and on the other hand Preeti was experienced in marketing such products. They was suitably decorated to make it fit for such trade. They further invested Rs. 1,00,000 a commercial space of 500 sq. feet for Rs. 5,00,000.?
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Deepa and Preeti, decided to do business of fashion garments together under the name of M/s. Designer Wear. They joined hands as De�pa was a good fashion designer and on the other hand Preeti was experienced in marketing such products. They was suitably decorated to make it fit for such trade. They further invested Rs. 1,00,000 a commercial space of 500 sq. feet for Rs. 5,00,000.? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Deepa and Preeti, decided to do business of fashion garments together under the name of M/s. Designer Wear. They joined hands as De�pa was a good fashion designer and on the other hand Preeti was experienced in marketing such products. They was suitably decorated to make it fit for such trade. They further invested Rs. 1,00,000 a commercial space of 500 sq. feet for Rs. 5,00,000.? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Deepa and Preeti, decided to do business of fashion garments together under the name of M/s. Designer Wear. They joined hands as De�pa was a good fashion designer and on the other hand Preeti was experienced in marketing such products. They was suitably decorated to make it fit for such trade. They further invested Rs. 1,00,000 a commercial space of 500 sq. feet for Rs. 5,00,000.?.
Deepa and Preeti, decided to do business of fashion garments together under the name of M/s. Designer Wear. They joined hands as De�pa was a good fashion designer and on the other hand Preeti was experienced in marketing such products. They was suitably decorated to make it fit for such trade. They further invested Rs. 1,00,000 a commercial space of 500 sq. feet for Rs. 5,00,000.? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Deepa and Preeti, decided to do business of fashion garments together under the name of M/s. Designer Wear. They joined hands as De�pa was a good fashion designer and on the other hand Preeti was experienced in marketing such products. They was suitably decorated to make it fit for such trade. They further invested Rs. 1,00,000 a commercial space of 500 sq. feet for Rs. 5,00,000.? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Deepa and Preeti, decided to do business of fashion garments together under the name of M/s. Designer Wear. They joined hands as De�pa was a good fashion designer and on the other hand Preeti was experienced in marketing such products. They was suitably decorated to make it fit for such trade. They further invested Rs. 1,00,000 a commercial space of 500 sq. feet for Rs. 5,00,000.?.
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