Company Service is a business that generates income by providing services instead of selling physical products. Such as a public accounting firm as they earn revenues by preparing income tax returns, performing audit and asset services, and even doing bookkeeping work.
It belongs to a non-banking financing company. It allows to borrow from its member and provide loans to its members. Nidhi companies are registered as public companies & have Nidhi limited added at the end of their name.
It is a form of managerial accounting. Its aim is to capture company's total cost of production, ascertain the cost of the product by assessing the variable cost as well as fixed costs .
A start-up or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model.